This report provides a comprehensive analysis of the developments in the gas and LNG industry over the past two years, with a special focus on 2020 and the impact of COVID-19 on the industry. Looking ahead to 2021, we expect a recovery in the natural gas industry as the world returns to some form of […]
Large Asian markets (Japan, South Korea, Taiwan) have traditionally relied on LNG. Asia is highly dependent on LNG and its progress towards market hub-based price discovery will depend on several factors like more spot trading of LNG, full TPA to LNG facilities, other institutional and regulatory reforms for individual countries Source: Harry Vidas
Australian export volumes reached 79 million tonnes in 2019–20, but are forecast to decline to 75 million tonnes in 2020–21, reflecting the impacts of COVID-19 as well as technical issues at the Prelude and Gorgon LNG plants. Exports are forecast to recover to 80 million tonnes in 2021–22. Source: Office of the Chief Economist
Short presentation and market outlook from the point of view of an LNG carrier. Source: Flex LNG
2020 was a perfect storm for the global gas market. Some of the highlights: 1. Global gas trade fell by...
Natural gas benchmarks ended then year with a massive bull run in December, closing a difficult 2020 well above last...
The spot or front month contract for LNG changed to February on December 16 and consensus was that LNG prices...
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