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Global LNG demand will rise faster and last longer than previously anticipated.
In a look into its crystal ball, shipping consultancy Drewry has given its verdict on the current and future state of the LNG market.
Citing a supply crunch and Jones Act impact, several US energy companies are importing LNG.
Zeeland Energy Terminal (ZET) developers,VTTI and Höegh Evi have launched an open season.
Türkiye is to double the LNG regasification capacity at its southern Dortyol terminal.
This year, India's LNG imports could rise to 28 mill-29 mill tonnes, due to strong demand, Petronet LNG’s (PLL) Managing Director and CEO, Akshay Kumar Singh, said at a briefing during the recent India Energy Week (IEW).
As the volume of US LNG imported by the EU member states reached around 60% of the total last month, the bloc is to increase its efforts to find other sources, following President Donald Trump’s threats to take control of Greenland, EU energy head, Dan Jørgensen said.
China’s LNG import recovery was expected to extend for another month, Kpler reported, resulting in three consecutive months of higher LNG imports year-on-year.