Figures from the latest Quarterly report reveal that LNG supplies from Russia decreased by 12% in volumes compared to the second quarter of 2024, and increased by 27% compared to the third quarter in 2023. Russia’s share in EU’s LNG imports increased by one percentage point from 19% in the second quarter of 2024, despite the 12% drop in the […]
Australia’s LNG export revenues are forecast to decline from $69 billion in 2023–24 to $60 billion by 2025–26. The fall in export earnings largely reflects a forecast drop in prices, though depletion of some reserves is expected to cut volumes slightly. LNG prices remain relatively high, but new supply from the US and Qatar is forecast to bring prices down […]
A complete outlook for 2025 across the oil and gas, energy transition and chemicals sectors. The U.S. midstream sector will continue to grow as oil and gas production and exports rise to meet growing demand. President-elect Trump’s plans to expedite permits for pipeline projects and lift the pause on LNG export project approval could further boost the sector’s outlook. Global […]
This paper finds that in all eventualities Russia will be unable to replace the revenue that it has lost from exports to Europe. Furthermore, whether it can pivot to access Asian markets a decision for China, and not the Kremlin. Whatever the outcome, the best policy for Europe is to reduce its reliance on imports of natural gas.
The Northeast Asian assessed spot LNG price JKM (February delivery) for the two-week period around the New Year (23 December...
Natural gas markets never get boring and this was certainly true in 2024. and the 5 key developments for me...
The Northeast Asian assessed spot LNG price JKM for last week (16 – 20 December) rose to high-USD 13s on...
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