Weak European gas demand could limit the scope for growth in the region’s LNG imports – even in the long term.23 February 2018
Severe cold temperatures are boosting hub prices in Europe.
China’s ever-increasing demand for LNG is good news for US exporters of the fuel.
The underutilisation of Turkey’s gas and LNG import infrastructure could worsen as it moves ahead with projects such as Turkish Stream and TANAP.
Mexico’s latest deepwater auction has brightened long-term prospects for oil production, but the country has not given up on gas.
The Dutch regulator has proposed further cuts of up to 50% in output at the Groningen field.
Dubai is looking for alternative sources of energy as its ongoing dispute with Qatar is making LNG less attractive.
NBP prices have been hit by mild temperatures and weak gas-fired generation.
Taiwan has ambitious plans to increase its gas use and change its energy mix. New LNG infrastructure will be essential to meeting these targets.
Although the prospects for Latin America’s LNG demand remain downbeat over the coming years, floating LNG import projects will fare better than land-based terminals.
Nigeria’s LNG exports and domestic gas consumption will receive support from the government’s policy-based approach to greater commercialisation of the fuel.
The Netherlands is facing an uncertain gas future, and a dramatic reduction in Dutch supply will have long-term implications for the country and for Europe.
Cheniere has become the first US LNG exporter to sign a long-term deal with China, helping to underpin the development of a third train at Corpus Christi.
Oil and gas markets became more volatile ahead of the winter peak demand period following a series of supply outages and the latest OPEC decision to extend oil output cuts.
The policies shaping European energy markets will determine future gas demand growth. What happens with policies and gas demand in Europe’s three largest gas markets will drive changes in the region.
|Monday, 26 February|
|BRA||Current account balance|
|ISR||Israel Central Bank interest rate decision|
This economic calendar is provided for general information only and is believed to be correct at the time of publication. Interfax Global Energy accepts no responsibility or liability for its completeness or accuracy.