European and Asian gas prices rise after Iran attack on Israel as Israelis to opt first for Gaza action to free hostages
European natural gas prices and Asian spot LNG cargo values moved higher on April 15 in early market activity after the weekend drone and ballistic missile attacks on Israel by Iran further unsettled energy markets.
ExxonMobil issues comprehensive 2023 Outlook for LNG and oil and for global energy markets and policies
ExxonMobil Corp., the US major and significant participant in the liquefied natural gas business, said oil, pipeline natural gas and LNG would still make up more than half of the world’s energy supply through 2050 because the usefulness of oil and gas in meeting the world’s needs remained unmatched.
New global free trade area in Asia-Pacific will be safe haven for growth of LNG and other fuel for years ahead
The Association of Southeast Asian Nations (ASEAN) said its Regional Comprehensive Economic Partnership (RCEP) agreement entered into force at the start of January, creating the world’s largest free trade area in all products, including LNG and hydrocarbons fuels.
