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Companies & Finance

EU-backed PCI projects facing delays

The commissioning dates for almost half of PCI projects in the gas and power sectors have been delayed by one or two years.

18 July 2018
LNG

Surging power demand boosts Chinese LNG prices

Ex-works prices at China’s LNG plants increased by 15.1% last week as a result of greater gas-fired power demand.

18 July 2018
LNG

Asian spot LNG prices edge downwards

The average price of spot LNG in Asia fell by 0.39% last week, to $10.30/MMBtu

17 July 2018
Pipelines, Storage & Power

Lower Italian gas imports pull down Africa-Europe flows

Libyan exports to Italy via GreenStream were down by 34.2% while Trans-Med volumes fell by 6.6%.

17 July 2018
LNG

Singapore sets LNG import record in May

Singapore imported more LNG than ever before in May, with imports for the month topping 350,000 tons.

16 July 2018
Exploration & Production

Unconventionals hit one-third of Argentina’s output

Argentine shale gas production has increased by more than 60% in the past year, according to Energy Ministry data.

16 July 2018
Exploration & Production

Saudi Arabia leads drop in Middle East drilling

The number of rigs targeting gas in the Middle East fell in June, driven by declines in Saudi Arabia.

13 July 2018
LNG

LNG bunkering fleet growing globally

As the new global sulphur limit of 0.5% approaches, new vessels able to carry out ship-to-ship LNG bunkering operations are appearing, mostly in Europe and Asia.

12 July 2018
LNG

LNG tanker truck sales fall at China’s biggest terminals

Sales of LNG tanker trucks fell by 38% at CNOOC's Tianjin terminal in May, while numbers were down by 16.5% at Ningbo and 11% at Zhuhai.

12 July 2018
Exploration & Production

Indian LNG imports up 17% year on year in May

India's LNG imports have grown year on year for seven of the past eight months, with some large increases, highlighting strong growth in demand.

11 July 2018
LNG

SHPGX pipeline sales back down after recent high

A total of 2.06 bcm of pipeline gas was sold on the Shanghai Petroleum and Gas Exchange in June, down from May’s 2018 high of 2.27 bcm.

11 July 2018
LNG

Asian spot LNG prices jump nearly 20% in June

Spot LNG prices in Japan, South Korea, China and Taiwan increased by an average of 19.5% in June from May – the biggest jump for any month since October 2017.

10 July 2018
Pipelines, Storage & Power

Africa-Europe pipeline volumes continue to fall

Pipeline exports from North Africa to Europe continued to drop last week, falling by 4.6%.

10 July 2018
Exploration & Production

Brazil’s pre-salt output expands but problems remain

The pre-salt sector has grown rapidly in the past two years. However, state-run Petrobras is still re-injecting huge volumes of the CO2-rich gas.

9 July 2018
LNG

Pakistan’s LNG imports up by 85% in June

The country received 710,500 tons of LNG in June, the first month in which both its LNG terminals were operating at capacity.

9 July 2018
LNG

Southwest China LNG plants shut for maintenance

The works are expected to result in China producing an average of 28,993 tpd of LNG this week.

5 July 2018
LNG

South Korea’s LNG imports up 12% in May

South Korea’s LNG imports increased by 12% on an annual basis in May, their fourth consecutive month of growth

5 July 2018
Global Markets

Turkey’s gas-fired power boost may be short-lived

Despite an increase in gas demand for power generation in 2017, the outlook for gas-to-power in Turkey looks uncertain.

4 July 2018
Supply & Demand

Output cuts further boost Chinese LNG prices

Reduced output output from LNG plants last week led to an increase in average Chinese ex-works prices for the second week in a row.

4 July 2018
LNG

Asian spot LNG prices break seven-week rising trend

Spot LNG prices in Asia broke a seven-week run of gains last week, dropping to $10.5/MMBtu.

3 July 2018

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