Oil and gas prices have risen since OPEC’s decision to cut production, but recent strength in the US dollar means a recovery will take time.11 January 2017
Turkey’s first FSRU will further diversify the country’s sources of gas supply and will also encourage greater participation of portfolio players in Turkey’s LNG market.
Ghana is moving ahead with two FSRU projects at the Port of Tema as the country diversifies its power-generation portfolio.
Methanol exports from Trinidad & Tobago are expected to remain tight in 2016 and 2017 as the country faces gas supply issues.
Colder weather is set to hit major European markets over the coming week, boosting heating-related demand and supporting gas prices.
Cold weather is set to return to the US and Canada in February, increasing withdrawal rates in both countries.
Weaker demand is expected to limit gains at most major European hubs next week. However, more price rises could be seen in southern France as the market looks subject to further tightening.
Analysis & Forecasts
Overview of the fundamental and technical factors underpinning our global forecasts
Focus on economic trends, gas demand & production, storage, prices and trade
Identifying key points of competition from other fuels, such as coal and renewables