Supply & Demand

The Dragon LNG terminal in the UK.

UK hub prices face further pressure

Mild temperatures and strong imports will continue to put pressure on NBP prices.

29 March 2019 Europe & Russia

North African pipeline exports rise despite low Italian demand

Exports of pipeline gas from Africa to Europe rose by 2.3% last week, but volumes are still unseasonably low.

26 March 2019 Middle East & Africa
South Korea's Pyeongtaek LNG terminal.

New taxes in South Korea will benefit gas and hit coal

South Korea is lowering taxes for LNG and raising them for coal, a move that will benefit gas consumption.

25 March 2019 Asia Pacific
Kochi LNG terminal

India sees growing need for LNG

India is facing a growing supply/demand gap when it comes to gas, meaning greater LNG imports will be needed to meet market requirements.

25 March 2019 Asia Pacific
LNG tanker at loading terminal in Trinidad

Trinidad facing difficult LNG terrain

Trinidad has high hopes for upstream projects such as Angelin, but the country will need to do much more to defend its share of the LNG market amid growing competition.

21 March 2019 Americas
In Salah dry gas field

Algerian worker strikes threaten gas exports

Industrial action at oil and gas facilities caused by the country’s political turmoil have the potential to affect gas exports.

21 March 2019 Middle East & Africa
Rigs in China.

Supply fall suggests slowdown in Chinese gas consumption

Official figures and Interfax calculations suggest China’s gas supplies fell in February, supporting expectations that the country’s consumption growth will slow this year.

18 March 2019 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.

14 March 2019 Asia Pacific

Low Asian LNG prices boost US exports to Europe

Lower LNG prices in Asia have resulted in more US cargoes going to Europe in recent months.

14 March 2019 Europe & Russia

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 Asia Pacific

Chinese ex-works LNG prices drop as heating demand falls

Rising supplies and declining demand led to an 8.29% drop in the price of ex-works LNG last week.

13 March 2019 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 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 Americas
Docked LNG tankers

Qatar plots LNG market dominance via expansion

Qatar is marching on with a multifaceted LNG strategy that will enable Doha to maintain its market share and remain a reliable supplier of the fuel in Asia and Europe alike.

26 February 2019 Middle East & Africa
Lippendorf coal-fired power plant

Germany – path for gas still not clear

With coal set to follow nuclear in being phased out from Germany’s electricity mix, gas will make gains. However, questions of timing and scale remain.

25 February 2019 Europe & Russia
The Power of Siberia pipeline under construction

Gazprom speeds up Power of Siberia exports to China

Russian gas flows to China along the Power of Siberia pipeline will begin nearly a month early, at the start of December, but both sides hope to start up even earlier.

18 February 2019 Asia Pacific

BP forecasts stronger LNG trading and greater role for gas

BP has released its Energy Outlook 2019, revising its forecasts from last year’s outlook for 2040 to include more LNG trading and faster growth in gas consumption.

15 February 2019 World
A power plant in Tunisia

Nawara delay spells trouble for Tunisia

The development is now expected online by the end of this year, leaving Tunisia dependent on Algerian gas imports for a while longer.

14 February 2019 Middle East & Africa
A Sonatrach LNG carrier

Algeria’s Sonatrach maxes out on export flexibility

Sonatrach is expanding its Skikda liquefaction plant to take larger ships and increase its storage capacity, but stagnant production is leaving facilities underused.

14 February 2019 Middle East & Africa

Ukraine’s gas imports fall on storage use

Ukraine imported less gas in 2018 than it did in previous years as a result of better utilisation of storage facilities.

13 February 2019 Europe & Russia

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