March 2021

LEAD STORY

A steep drop in temperatures alongside supply constraints in the Pacific led to European gas storage capacity effectively balancing the global gas market, our Markets Editor Alexander Wilk reports.   

Also in this issue

The US state of Texas, the country’s biggest oil producer and proud of its energy independence, has narrowly avoided a cascade of power failures when a historic winter storm hit the state for 10 days in mid-February. The state energy regulator mandated gas prioritization for power generation and ordered strict limits to LNG exports and flows of pipeline gas to Mexico.  Markets Editor Anja Karl investigates.   

February LNG trade slumped as US LNG exports struggled amid lower feedgas supply whilst key Far Eastern importers retreated, our Markets Editor Alexander Wilk reports.   

In its Global Gas Outlook 2050, the Gas Exporting Countries Forum (GECF) says natural gas will become “the primary fossil fuel of the XXI century” by 2050 – helped by the growing demand for carbon-neutral or ‘green LNG’ as the energy transition progresses.  

ADRIATIC LNG, the offshore import terminal owned by Qatar Petroleum and ExxonMobil, has launched a consultation for the auctioning of a potential 153 billion cubic metres of regasification capacity over the next 25 years.

GTT (Gaztransport & Technigaz) has continued its diversification plan by adding three companies to its portfolio last year.,  reports Technical Editor Ian Cochran.   

Large marine engine and technology developer, WinGD has added four new versions to its successful X72DF dual-fuel engine portfolio. 

An increase in reliability and scale of LNG fuelling infrastructure is set to drive a greater diversity of users in landside facilities and maritime bunkering applications, according to energy and maritime solutions provider Crowley.   LNG Fuelling editor Malcolm Ramsay has more.