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Asian spot LNG prices fall for sixth week

Spot prices closed the week at $7.21/MMBtu, their lowest level since April 2018.

5 February 2019

Thailand’s LNG imports up 16% in 2018

The volume of LNG entering Thailand was up last year as domestic output and pipeline gas imports from Myanmar fell.

4 February 2019

Japan’s LNG imports decline by 1% in 2018

Volumes fell only slightly as demand resulting from extreme weather and natural disasters offset the effect of nuclear restarts.

31 January 2019

Tianjin terminal clear winner in Chinese LNG sales

CNOOC's Tianjin LNG terminal sold the most truckloads of LNG among the Chinese terminals last week by a wide margin.

31 January 2019
Shale gas drilling in the Marcellus formation Fundamentals

Shale growth will transform US gas flows

Flows are set to change dramatically in response to continued growth in shale gas production, the EIA says.

31 January 2019

EU gas demand falls 5% in Q3

Average gas demand across the EU fell on an annual basis in Q3 2018 despite higher power sector offtake, according to the European Commission.

30 January 2019
Pipeline welding in Spain. Policy & Politics

Portugal pushes support for rejected STEP pipeline

Portugal’s energy regulator has told ACER it should be allowed a say on the future of the STEP pipeline after France and Spain rejected the project.

25 January 2019

India’s LNG imports fall by nearly 20% year on year in November

India’s LNG imports fell by 18% year on year in November but were up by 11% over the first 11 months of 2018.

24 January 2019

CNOOC's Tianjin terminal sells 383 truckloads of LNG per day

China National Offshore Oil Corp.’s Tianjin facility sold the most truckloads of LNG among Chinese terminals last week.

24 January 2019
An FPSO being build at South Korea's DSME shipyard Companies

South Korea WTO claim could raise carrier costs

Japan is challenging South Korea's support of its major shipyards, which could increase the cost of building LNG carriers.

24 January 2019
Policy & Politics

French and Spanish regulators turn down Midcat’s first phase

Energy regulators in Spain and France have ruled that building the first phase of the proposed Midcat pipeline cannot be justified from an economic perspective under the current proposal.

23 January 2019

Chinese LNG plants cut prices ahead of Lunar New Year

Thirty-seven plants reduced their prices by an average of 2.45% last week to boost sales in advance of the public holiday.

23 January 2019

Asian spot LNG prices continue to decline

Spot LNG prices in Asia fell by 4.8% last week and were down by one-quarter from a year earlier.

22 January 2019

Taiwan’s LNG imports slip 24% year on year in November

Taiwan’s LNG imports fell sharply year on year in November, but the long-term outlook for Taiwanese demand remains strong.

21 January 2019
The Beihai LNG terminal. Fundamentals

China’s slowing economy to drag on gas demand growth

After two years of stellar growth, China’s gas demand looks set to expand at a slower rate in 2019 in line with a stuttering economy.

17 January 2019

LNG sales at Tianjin terminal hit record high

The CNOOC terminal sent out an average of 513 truckloads of LNG per day last week, marking a record high.

17 January 2019
Price Drivers

Brussels set to re-open probe into UK capacity payments

The European Commission will soon launch an investigation into the treatment of demand-side response services within the UK capacity market.

16 January 2019

Heating demand boosts Africa-Europe pipeline flows

Falling temperatures prompted a 6.7% rise in deliveries across the Africa-Europe pipelines last week.

15 January 2019
An offshore rig at Indonesia's Mahakam block Fundamentals

Indonesian mega-projects are top priorities for Jakarta

Change at the top of Indonesia's upstream agency could provide the impetus needed for progress on the Indonesia Deepwater Development and Abadi LNG.

15 January 2019
A Phoenix Petroleum facility in the Philippines Companies

Philippines gives go-ahead to Tanglawan LNG project

Tanglawan Philippines LNG has received approval from the Philippines’ Department of Energy to build the country’s second LNG terminal.

11 January 2019

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