Exploration & Production

Asia Pacific rig count down 8% in June

India remained the most active country in the region, although its rig count fell by 9% month on month and 5% year on year.

By Andrew Walker 21 July 2017
LNG

SE Asia LNG exports hit bumps going into summer

Southeast Asia’s LNG exporters are recording lower volumes year on year, but are benefiting from rising prices.

20 July 2017
LNG

China LNG output to average 42.3 MMcm/d this week

Domestic LNG output will be roughly unchanged from last week, while prices in northwest China, Inner Mongolia, Hebei and Tianjin will rise by 2.02%.

20 July 2017
Alternative Fuels

Germany, Poland account for half of EU coal capacity

Germany and Poland account for a combined 51% of the EU’s installed coal capacity and 54% of emissions from coal.

19 July 2017
LNG

LNG and pipeline trades boosted on China’s SHPGX

Pipeline gas transactions on the Shanghai Petroleum and Gas Exchange reached 502 MMcm in the second week of July, while LNG trades surged to 28,100 tons.

19 July 2017
Pipelines, Storage & Power

Italian power sector demand boosts TransMed flows

The volume of North African pipeline gas delivered to Europe rose by 21% in Week 28 as a result of increased flows to Italy through the TransMed.

18 July 2017
LNG

Northeast Asian spot LNG prices holding steady

Spot LNG prices in Japan, South Korea, China and Taiwan averaged $5.46/MMBtu last week compared with $5.47/MMBtu the previous week.

18 July 2017
LNG

Australia’s LNG exports remain buoyant over summer

Exports from Australia’s east coast hit their second-highest level in June, but are likely to fall over the coming months because of maintenance and gas reservation policies.

17 July 2017
Supply & Demand

Sluggish Latin economies will hit demand – IEA

The IEA is bullish on South American LNG demand, putting it at odds with the Oxford Institute for Energy Studies.

17 July 2017
Exploration & Production

Abu Dhabi, Egypt and Oman boost Middle East drilling

The number of rigs targeting gas in the Middle East ticked up by only 1% in June, as gains in Egypt, Oman and Abu Dhabi offset a decline in activity in Pakistan.

14 July 2017
LNG

Low-cost LNG drives demand for FSRUs

FSRUs are seen as a fast, low-cost way to access LNG for a number of new and emerging markets.

13 July 2017
LNG

Gas-for-power demand drives strong China LNG sales

Daily sales at several Chinese LNG terminals surged last week on strong gas-fired power demand.

13 July 2017
Exploration & Production

Mixed picture on PCI implementation – ACER

Only around one-third of projects earmarked by the EU as Projects of Common Interest have managed to stick to their original time schedules over the last couple of years.

12 July 2017
LNG

Low stockpiles raise Chinese ex-works LNG prices

Chinese ex-works LNG prices averaged RMB 3,080/t last week, up by 0.78% from the previous week as low stockpiles led 25 plants to raise prices.

12 July 2017
LNG

Northeast Asian spot LNG prices inch up

Spot LNG prices in Japan, South Korea, China and Taiwan averaged $5.47/MMBtu last week – one cent higher than a week ago.

11 July 2017
Supply & Demand

African exports down as Italian volumes resume decline

North African pipeline exports to Europe fell by 4.9% week on week in Week 27 as a result of reduced deliveries to Italy.

11 July 2017
LNG

Peru LNG swaps Mexican customers for Spanish

The premium of European prices to the Henry Hub benchmark suggests that Peru LNG, and its sole offtaker Shell, will continue to court the continent rather take its cargoes to Mexico.

10 July 2017
LNG

High benchmark sees SE Asian LNG imports fall

Thailand and Singapore posted reduced LNG imports in May 2017 on an annual basis, but this is largely down to unusually high imports recorded in May 2016.

10 July 2017
Alternative Fuels

Nuclear power faces mixed outlook in Asia Pacific

There is a mixed outlook for nuclear power in Asia Pacific, with decline expected for the developed economies and rapid growth for emerging economies.

6 July 2017
LNG

Increased Chinese LNG output forecast for July

China’s domestic LNG output is projected to increase by 8.02% in July from June, to 1.2 bcm.

6 July 2017
Alternative Fuels

Coal prices strengthen on outages in Australia and Asia

Europe’s dependence on imported coal and gas is increasing relative to consumption because of declining domestic production.

5 July 2017

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