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Global Markets

Thailand’s LNG imports hit record high in January

The country's LNG imports reached a new record of 550,000 tons in January as domestic demand for energy continued to grow.

18 hours ago Project Insights / Asia Pacific

CNOOC’s Tianjin terminal leads LNG sales

The terminal sold 346 truckloads of LNG last week, placing it ahead of CNOOC’s Ningbo terminal, which came second with 282 truckloads.

6 days ago Project Insights / Asia Pacific

South Korea’s LNG imports fall following nuclear restarts

South Korea’s LNG imports dropped by 16% in February as nuclear restarts hit demand for gas.

13 March 2019 Project Insights / Asia Pacific
An LNG tanker loading in Australia

Aussie LNG players step up trading focus

As LNG becomes a global commodity, Australian exporters are equipping themselves with more sophisticated international LNG sales and marketing capabilities.

13 March 2019 Project Insights / Asia Pacific

Asian spot LNG prices hit 17-month low

Prices for spot cargoes closed at $6.0/MMBtu in Asia last week, their lowest level since October 2017.

12 March 2019 Project Insights / Asia Pacific

Ningbo terminal sells most LNG truckloads in China in Feb

The facility sold an average of 236 truckloads of LNG per day last month, making it the top-selling terminal for the first time since last October.

7 March 2019 Project Insights / Asia Pacific
The PG&E logo at the new York stock exchange

Price volatility to persist in the US Pacific Region

Gas prices will remain volatile in the PR even during the injection season, with the Northwest Sumas hub having already seen a high of $200/MMBtu in early March.

7 March 2019 Markets & Forecasts / Americas
Sonatrach gas tanks

Algerian protests threaten energy reforms

Mass protests in Algeria against a fifth term by ailing President Abdelaziz Bouteflika mean there is an increasing risk of political and social instability in Europe’s third-largest gas supplier.

7 March 2019 Policy & Regulation / Middle East & Africa
TAP construction in Greece, September 2017

Candidates line up for EU’s fourth gas priority list

The race is on for gas projects that want to be included in the European Commission’s fourth list of Projects of Common Interest.

7 March 2019 Policy & Regulation / Europe & Russia
CNPC shale exploration in Sichuan

CNPC to up domestic output after record profits

Asia’s biggest oil and gas producer is investing heavily to boost domestic gas production, after in increase in sales of the fuel in 2018 helped drive profits to a four-year high.

7 March 2019 Policy & Regulation / Asia Pacific
Muhammadu Buhari, president of Nigeria, at the UN in 2015

Nigeria’s Buhari must tackle unfulfilled promises

Muhammadu Buhari has been re-elected as Nigeria’s president but has yet to implement his promised overhaul of the country’s chaotic petroleum sector.

7 March 2019 Policy & Regulation / Middle East & Africa

Taiwan’s LNG import growth flattens out in 2018

Taiwan's LNG imports leveled out in 2018 following strong growth a year earlier.

6 March 2019 Project Insights / Asia Pacific

CQPGX outsold SHPGX in February for first time

The Chongqing Petroleum and Gas Exchange sold more piped gas than its Shanghai counterpart for the first time last month.

6 March 2019 Project Insights / Asia Pacific

Large decline for Asian spot LNG prices in February

Asian spot LNG prices saw a significant decline last month, with prices expected to continue to fall in March.

5 March 2019 Project Insights / Asia Pacific
Argentine pipeline infrastructure

Bolivia and Argentina adjust gas price and volumes

Bolivia has renegotiated higher prices for the gas it exports to Argentina, but at the cost of potentially lower export volumes.

4 March 2019 Policy & Regulation / Americas
The Russian seaport of Ust-Luga, near the site for Baltic LNG.

Baltic LNG aims to compete with US cargoes

Shell wants the the Baltic LNG project to serve global markets and believes it can compete on price with US LNG.

28 February 2019 Project Insights / Europe & Russia
The Meridian Spirit loading a cargo at Sabine Pass LNG

Fresh optimism for LNG over US-China trade deal

The US and China seem to be closing in on a trade deal that would benefit US LNG exporters looking to secure long-term contracts with Chinese buyers.

28 February 2019 Policy & Regulation / Americas
The Staudinger black coal power plant in Grosskrotzenburg, Germany

Gas boosts European power role despite coal price decline

Gas has improved its position in Europe’s power mix, particularly for the coming quarter, despite a slump in coal prices.

27 February 2019 Markets & Forecasts / Europe & Russia

Asia and Europe to lead global rise in LNG demand

Asia will account for 59% of the world’s LNG import growth to 2035, while Europe will follow with 22%, according to a new report by Shell.

27 February 2019 Project Insights / World

Asian spot LNG prices fall on weaker power demand

Prices across China, Japan, Taiwan and South Korea ended last week on an average of $6.41/MMBtu, marking a 16-month low.

26 February 2019 Project Insights / Asia Pacific