The potential for technological change has created uncertainty over how large the gas market can become, and in what time frame. (Statoil) Comment

Gas investment may be shifting down a gear

The potential for technological change has created uncertainty over how large the gas market can become, and in what time frame. This is changing the pattern of investment in gas infrastructure.

By Peter Stewart 24 February 2017
Argentina and Brazil are not buying LNG even at the peak of the southern hemisphere summer. (Argentine Ministry of Energy)

Argentine and Brazilian LNG demand dries up

Argentina and Brazil are not buying LNG even at the peak of the southern hemisphere summer, and supplying the fuel to the two markets is set to become even tougher in 2017.

Fessenheim nuclear plant, France (EDF)

France – pressure on gas ahead

Stronger nuclear output and weaker demand will weigh on French gas prices.

Sabine Pass LNG (Cheniere)

US LNG targets Asian markets

US LNG is arriving in Asia as demand for the fuel falters in Latin America, but the challenges faced by US exporters will get tougher in 2017.

European hub prices decline, with further falls likely

Mild temperatures across Europe have reduced demand and put pressure on hub prices, a situation expected to continue over the coming week.

European hub prices will come under further pressure

Mild weather over the coming week will weaken gas demand and put European prices under pressure.

Mild weather pushes Henry Hub below $3/MMBtu

Mild weather will limit gains in Henry Hub front-month futures and spot prices during February, but the prices will still be high year on year.

Analysis & Forecasts

Executive summary

Overview of the fundamental and technical factors underpinning our global forecasts

More Executive Summary  

Regional analysis

Focus on economic trends, gas demand & production, storage, prices and trade

Research Notes

Emission reductions: supportive of gas

Increasing gas use is key to emissions reductions plans in some of the world’s largest gas markets.

Latin America’s structural shift away from LNG

Latin America’s dependence on LNG imports is set to diminish in the coming years as key regional consumers move away from the fuel.

The implications of Brexit

Following the result of the UK’s referendum on its membership of the EU, considerable uncertainty looks likely to persist in the short term.

Middle East & African consumers desire more LNG

LNG imports in the region are expected to see double-digit growth in 2016, resulting in floating LNG import solutions becoming more popular and increased participation by portfolio players.

Sinopec's LNG terminal in Beihai, Guangxi. (Sinopec)

Interesting times for gas in China

China’s gas market development will have implications for gas globally. The prospects for development are explored in this contributed feature from Gaffney Cline & Associates.

Oman is trying to boost its non-associated gas production as the sultanate strives to maintain its position as an LNG exporter. (Oman LNG)

Oman pins hopes on non-associated gas

Oman is trying to boost its non-associated gas production as the sultanate strives to meet its rising gas demand and maintain its position as an LNG exporter.

Delays to the commissioning of Australia’s LNG export projects will ease the glut this year. (Chevron)

Australia LNG – delays will not stop the deluge

Delays to the commissioning of Australia’s LNG export projects will ease the glut this year, but the influx of supply will only be slowed, not stopped.

Fukushima Daiichi nuclear power station (Tepco)

Japan’s uncertain nuclear outlook

Further delays to Japan’s nuclear reactors coming back online look likely, but even a limited number of restarts will affect the country’s gas demand.