LEAD STORY
Capacity constraints at Europe’s import terminals contrast with a flutter of LNG cargoes headed across the Atlantic. Some cargoes were offered at discounts of more than 20 percent to Europe’s benchmark TTF gas prices as sellers scramble to secure regas slots, but much volume had to be diverted to Asia. Though the arbitrage for selling US LNG to Europe is forecast to stay higher through 2024, landed volumes are likely to fall over the summer; our Markets Editor Anja Karl was told.
Thailand’s LNG demand has grown significantly since 2018 but recent production issues of domestic gas are likely to accelerate the country’s ascent as a leading LNG importer, our Markets Editor Alexander Wilk reports.
Also in this issue
Our preliminary May data point to a decrease in LNG flows as volumes had still to overcome a significant difference compared to April at the time of writing, our Markets Editor Alexander Wilk reports.
DNV has revealed the results of a joint industry project (JIP), which studied an LNGC newbuilding concept to determine feasible approaches to achieving compliance with the IMO de-carbonisation path towards 2050. Technical Editor Ian Cochran reports.
New gasification technology offers the potential to strengthen LNG fuelling networks worldwide and deliver 100 percent carbon neutral fuel for future fleets over the next decade, our Fuelling Editor Malcolm Ramsay reports.
BAKER HUGHES, the liquefied natural gas equipment-maker and energy services company, has told investors it was well positioned to capitalize on multi-year growth in LNG and new energy projects.
