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Markets & Forecasts

China’s LNG production set to rise this week

Completion of maintenance at facilities in Hebei, Heilongjiang, Hubei and Yunnan will see output rise to around 37,500 tons per day.

Yesterday Asia Pacific / LNG

Chinese LNG plants cut prices on soft demand

Thirty-five liquefaction plants across China cut their prices by an average of 3.84% last week as demand for LNG fell.

2 days ago Asia Pacific / LNG

African piped gas exports at lowest level since March

North African suppliers are struggling to compete with cheap spot LNG in Europe.

3 days ago Middle East & Africa / Pipelines, Storage & Power
The LNG plant at Idku in Egypt

Egypt explores options for boosting LNG exports

Egypt’s LNG exports are rising sharply, but the country is still some way from realising its aim of becoming a regional gas hub.

3 days ago Middle East & Africa / LNG

Asian spot LNG prices start to pick up

Prices in Japan, South Korea, China and Taiwan rose last week from a week earlier but remained low on an annual basis.

3 days ago Asia Pacific / Supply & Demand
Oman LNG plant at Qalhat

Oman weighs bunkering, GTL as gas output soars

Oman needs to expedite the development of its LNG bunkering and GTL facilities as its power and fertiliser sectors will struggle to absorb the additional gas from its proposed upstream projects.

4 days ago Middle East & Africa / Exploration & Production

German utilities switch to gas in H1

Carbon prices and fuel costs have seen Germany’s power generators switching away from coal, H1 company results confirm.

4 days ago Europe & Russia / Alternative Fuels
Pakistani flag

Pakistan’s LNG imports – crucial to the country

Greater volumes of imported LNG are essential to gas market growth in Pakistan, and private initiatives look likely to go ahead. However, the pace of growth is still likely to fall short of government targets.

16 August 2019 Asia Pacific / Supply & Demand
The Atwood Advantage drillship in Israel's Leviathan field

Israel’s FLNG is a long-term prospect

The fate of Israel’s proposed LNG supplies will depend on the country boosting pipeline exports.

16 August 2019 Middle East & Africa / Supply & Demand
Ridley Island propane export terminal

Canadian NGLs boom as LNG faces headwinds

Canada is boosting its output of NGLs as domestic and export demand surges, but the country’s proposed LNG projects are seeing slow progress despite FID being taken for the LNG Canada development.

15 August 2019 Americas / LNG

China’s LNG output to rise as maintenance ends

The country is forecast to produce around 37,500 tons of LNG this week as plants in several regions resume operations.

15 August 2019 Asia Pacific / LNG
The Wolsong nuclear power plant in South Korea

Solar buildout bodes well for LNG in South Korea

The country's gas demand and LNG import needs continue to be uncertain, with volumes dependent on the expansion of renewable power capacity and, potentially, the price at which it can source gas.

14 August 2019 Asia Pacific / Supply & Demand

China’s average LNG price holds steady despite supply cut

A reduction in supplies at some of China’s LNG plants last week caused only a small increase in the country’s average ex-works price.

14 August 2019 Asia Pacific / LNG

Asian spot LNG prices see slight uptick

The average price of spot LNG contracted in Japan, China, South Korea and Taiwan saw a slight rise last week compared with the previous week.

13 August 2019 Asia Pacific / LNG

European storage levels near 90% full

The high stocks reflect a warm winter and a relatively high influx of LNG – but the expiry of the Russia-Ukraine transit agreement this winter is also a concern.

12 August 2019 Europe & Russia / Pipelines, Storage & Power
An LNG tanker at a Japanese facility

LNG spot freefall puts Asian buyers on the offensive

Companies such as Petronet and Osaka Gas are looking to renegotiate their term contracts in the light of low spot prices.

9 August 2019 Asia Pacific / Supply & Demand

CNOOC’s Tianjin terminal sees sharp rise in trucked LNG sales in July

The facility sold an average of 368 tanker trucks of LNG per day last month compared with an average of 262 in June.

8 August 2019 Asia Pacific / LNG

SHPGX smashes pipeline gas sales record in July

The Shanghai Petroleum & Gas Exchange sold 11.6 bcm of piped volumes last month, more than three times the total of the previous monthly record

7 August 2019 Asia Pacific / LNG

Volumes surge on GreenStream pipeline

Deliveries via the Libya-Italy connection were up by almost 40% last week, but the increase was offset by declines on the Maghreb-Europe pipeline.

6 August 2019 Middle East & Africa / Pipelines, Storage & Power
A Hoegh FSRU docked in Indonesia

Pertamina struggles to absorb LNG cargoes

The Indonesian NOC may send its surplus cargoes into neighbouring markets as a result of weaker-than-expected domestic gas demand.

6 August 2019 Asia Pacific / LNG

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