Freeze-offs following winter storm Fern impact US LNG exports
As of January 25, the ‘monster winter storm’ Fern has severely impacted feedgas supply for US LNG exports, with restrictions on the Creole Trail pipeline reducing flows to Sabine Pass terminal. Freeport LNG might also go offline as ice is accumulating along its feedgas corridor.
US stays silent as Russia delivers 6th cargo from Arctic LNG 2
The US Trump administration has remained silent in the face of Russia delivering the sixth cargo from the sanctioned Arctic LNG 2 project to China. “Higher volumes or shipments to other destinations could trigger a US response, though for now it is unlikely that any other country will take that risk,” said Rystad analyst Lu Ming Pang.
KfW, ADB and World Bank fund clean energy in Indonesia
Germany's state financing body KfW has agreed a $200 million loan with Indonesia on the grounds of adjustments to fuel and electricity tariffs, e.g. higher tariff-cost-coverage, feed-in tariffs and standards for demand-side response, board member Dr Norbert Kloppenburg said. In parallel, the Asian Development Bank (ADB) and the World Bank are granting loans of $500 million each in a first tranche, while the French counterpart AfD plans a contribution of $150 million.
