It is generally accepted that changing the energy carrier is the only way to reduce shipping emissions after implementing all possible efficiency and optimization measures. However, the ideal energy carrier for the future has not been defined yet. To meet at least some of the reduction targets, part of the sector is switching to LNG from marine fuel oil. LNG substantially lowers sulphur, nitrogen oxides, CO2 and particulate matter emissions, but it also has one major drawback: LNG mostly consists of methane.
This report finds that the over-contracted position of Japan’s four largest utilities — JERA, Tokyo Gas, Osaka Gas, and Kansai Electric — could increase in the coming years. Their emphasis on overseas growth is driven by declining opportunities in Japan’s domestic gas market. Source: IEEFA
How sustainable are Russian macroeconomic and fiscal policies in the medium term? What could the impact of slower technology development be on the segments of the oil and gas industry that require the application of advanced technological solutions, (for example, in LNG business)? Will the new reliance on China and India as primary export markets for Russian oil and gas provide sufficient profit margins for the Russian exporters? While all these questions are beyond the scope of this paper, they represent key signposts for monitoring Russia’s future economic performance.
Global natural gas demand is expected to increase by 34% by 2050 according to new figures just released by the Global Gas report published by the GECF. Asia pacific alone is expected to to contribute to 52% of the global net demand increase during the forecast period. The detailed report presents projections and in-depth analyses of the global energy system, focusing on natural gas and extending until the middle of the century
The Northeast Asian assessed spot LNG price JKM for the previous week (4 March – 8 March) increased to low-USD...
The Northeast Asian assessed spot LNG price JKM for the previous week (26 February – 1 March) increased to mid-USD8s...
Cheniere Energy has formally applied to the FERC to construct an 18 million metric tons per year expansion of its...
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