Supply boost causes price cuts at China’s LNG plants
Wholesale LNG prices from Chinese plants dropped last week as supply was boosted by some previously offline plants resuming production.
- Natural Gas Daily ▾
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Argentina narrows focus to Vaca Muerta
State-run YPF is planning a major sale of ageing conventional acreage in Argentina, sources say. But small players may prefer a piece of Vaca Muerta.
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- M&A; rebound on the cards in Asia Pacific – law firm
- Egypt’s dollar squeeze may force strategy change
- EU gas networks still congested, ACER finds
- Japan’s LNG import volumes continue to fall
- Decline in Asia drilling market as bear market bites
- Gazprom ready to talk on Ukraine transit tariff
- Gazprom prepares new UGS for Czech Republic
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- Global Gas Analytics ▾
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OPEC freeze unlikely with oil above $50/bbl
With oil prices at around $50/bbl, the prospect of OPEC capping production levels at its June meeting is looking increasingly remote.
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- Oil price rise dampens hopes for OPEC output cap
- Price favours Canadian gas flows into western US
- OPEC freeze unlikely with oil above $50/bbl
- Kuwait sees intense inter-sector competition for gas
- Upstream cuts create potential for supply shock
- Henry Hub futures to receive weather-related boost
- European hub prices fall, but only marginally
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