LEAD STORY
Markets project an LNG glut by 2026, yet traders are placing substantial bets on European gas price spikes. The disconnect reveals deep uncertainty about project timing, our Market Editor Dr Alexander Wilk reports.
Acute turbine shortages are delaying gas-fired power projects in the United States and beyond which plays in the hands of LNG project developers. The price of building gas-fired power plants in the US has risen to $2,200–$2,500 per kilowatt of capacity, raising doubt about projects economics.
Also in this issue
Financing split emerges in US LNG boom
Written by AJ KotzeScale and speed are of the essence as developers compete to get their liquefaction and export projects over the finishing line. “When will the music stop for US LNG project developers?” – that’s the million-dollar question weighing on financiers’ mind as risks of a supply overhang loom large; our Correspondent Anja Karl has more.
Global LNG exports decreased month-on-month whilst rising modestly year-on-year, and demand fell significantly by 6 percent, our Market Editor Dr Alexander Wilk reports.
Installing wingsails during scheduled drydocking unlocks environmental, regulatory and economic benefits
Written by AJ KotzeBy OceanWings’ Christophe Paillusseau and Romain Grandsart**
As Asia-Pacific moves to decarbonise its transport and energy sectors, LNG is frequently touted as the pragmatic bridge fuel for hard-to-electrify segments, but adoption remains stymied by an infrastructure gap that threatens to squeeze growth. Fuelling Editor Malcolm Ramsay has more.
Baker Hughes: Baker Hughes has secured a contract from Bechtel Energy to supply liquefaction equipment for Phase 2 of Sempra’s Port Arthur LNG project in Jefferson County, Texas. The new equipment supports a nameplate capacity of 13 mtpa.
