Europe is entering its third winter in a row with underground stores brimming, while global LNG production capacity keeps rising. Like last winter, a weak economy could keep demand in check across Europe and Asia. Yet global gas and LNG prices are higher than they were a year earlier, and LNG is again more expensive than oil in Asia. With […]
Gas demand in the MENA region accounts for 17% of the global gas consumption, making it a key demand center. Understanding the trends and drivers that affect gas demand in the MENA region is an important issue, not only because of its growing role in global gas demand, but also because many of the MENA countries are producing natural gas and […]
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 is expected to be largely driven by lower LNG prices, which have eased from the record levels of 2022. Depletion of some gas reserves could marginally affect export volumes. New supply from the US and Qatar should […]
The world traded 202 million tonnes of LNG in the first half of 2024, a slight increase of 0.5% year-on-year. Japanese import was barely unchanged. A 16% increase in China and an increase of more than 20% in both Southeast Asia and south Asia offset reduced imports by the European Union and the United Kingdom of combined 11 million tons.
The Northeast Asian assessed spot LNG price JKM (November delivery) for last week (23 – 27 September) rose to low-USD...
Global gas trade is still recovering from the 2022/23 gas supply shock, with more time and more LNG needed to...
Gas prices displayed volatile patterns in September as we are nearing the heating season and players are optimising their short-term...
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