In LNG, Pakistan is moving to lighten its 2026 intake as domestic demand stays weak and RLNG prices bite. Islamabad plans to ask Qatar to defer or sell 24 long-term cargoes next year and will request Eni to divert 11 additional cargoes starting in February 2026. Industrial gas burn has fallen sharply and power sector […]
Asian LNG prices gains on winter demand concerns, while European benchmarks held steady and U.S gas eased on mild weather and ample supply. The Northeast Asian assessed spot LNG price JKM for last week (13 – 17 October) rose to mid-USD 11s/MBtu on 17 October (December delivery) from high-USD 10s/MBtu the previous weekend (10 October, […]
The U.S. LNG export industry is rapidly expanding, with more than 60 Mtpa of new capacity already reaching final investment decision this year — signalling a major leap in global supply. Yet beneath this surge lies a cautionary note: project delays, cost inflation, and a high-profile arbitration ruling are starting to challenge the perception of […]
Despite a short-lived cold snap pushing demand upward in parts of Europe, the coming week’s outlook for natural gas prices appears largely stable. Kpler argues that ample global supply, ramped-up pipeline flows, and moderating temperatures will offset demand pressures. European TTF, Asian LNG, and US Henry Hub are all expected to trade within recent ranges […]
The Northeast Asian assessed spot LNG price JKM (November delivery) for last week (6 – 10 October) rose to high-USD 10s/MBtu on 10 October from mid-USD 10s/MBtu the previous weekend (3 October). JKM rose to low-USD 11s/MBtu on 7 October, supported by heightened geopolitical tensions following Russia’s large-scale attack on Ukraine’s gas production facilities, as […]
Following a very strong 2024, global gas demand growth slowed drastically in the first three quarters of 2025 amid tighter supply conditions, greater macroeconomic uncertainty and adverse weather factors. Global gas demand expanded by an impressive 2.8% in 2024, largely supported by China, India and other fast-growing Asian markets. Preliminary data suggests, that gas demand […]
The last three months have significantly added to the current state of uncertainty. Many previously held assumptions continue to be challenged: supply is growing at a pace well above what would have been expected based on established rationales and all aspects of the market are made increasingly volatile by the influence of geopolitics. The result […]
The Northeast Asian assessed spot LNG price JKM (November delivery) for last week (29 September – 3 October) fell to mid-USD 10s/MBtu on 3 October from low-USD 11s/MBtu the previous weekend (26 September). JKM reached its lowest level since May 2024 on 1 October, driven by sluggish spot demand due to ample LNG inventories and […]
The announcement of the FID for the Coral North FLNG project adds another 3.6 mtpa to global capacity under construction. While this is small in the context of the coming wave of new supply and will not materially move the needle of the global supply-demand balance, it still carries a few interesting consequences for the […]