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Global Markets

A tanker at the Incheon LNG terminal

Kogas forges closer LNG ties with Gazprom

South Korea and Russia are developing a partnership in the LNG sector ahead of rising regional demand in Asia on the back of coal-to-gas switching.

12 September 2019 Asia Pacific

North African pipeline exports to Europe down 37% year on year

Exports via the pipelines linking Europe with North Africa dropped on a weekly and annual basis last week.

11 September 2019 Middle East & Africa

Asian spot LNG prices fall as summer draws to close

Power sector gas use is set to fall as Northeast Asia nears the end of the summer cooling season.

10 September 2019 Asia Pacific
An illuminated LNG tanker

PetroChina flags LNG trading ambitions in Pakistan tender

PetroChina’s involvement shows how Chinese gas companies are expanding their roles as LNG traders by engaging in transactions in Asia.

9 September 2019 Asia Pacific

Japan’s LNG imports receive weather boost

Sweltering temperatures and low spot prices are raising Japan’s LNG consumption, with volumes up 31% in July compared with June.

9 September 2019 Asia Pacific
The Malampaya project in the Philippines

First Gen eyes first Philippine LNG imports in 2021

The company has accelerated plans for the country’s first LNG imports, which it will aim to secure through short-term deals.

6 September 2019 Asia Pacific
German energy traders

Engie becomes latest target in market abuse clampdown

The trading arm of the French energy firm has become the latest to be fined over alleged gas market manipulation as European regulators step up their efforts to combat price rigging.

5 September 2019 Europe & Russia

LNG prices fall in China as plants cut inventories

The average price was down by 3.5% as 46 Chinese LNG plants reduced their prices.

4 September 2019 Asia Pacific
Naftogaz infrastructure in Ukraine

Ukraine’s new government prepares for gas transit talks

Kiev’s new cabinet will seek to secure a long-term transit agreement between Naftogaz and Gazprom, but it is also preparing for a no-deal outcome.

3 September 2019 Europe & Russia
Part of the Groningen gas field's infrastructure

Groningen declines could gather pace

Dutch gas production may fall more quickly as the pressure on the Groningen field mounts.

2 September 2019 Europe & Russia
A Qatari gas plant

Qatar to expand LNG output as market tightens

Qatar Petroleum is planning to expand domestic production in tandem with a growing list of overseas assets in anticipation of a tighter LNG market post 2020.

29 August 2019 Middle East & Africa
Yanchang Gas's Yanchuan LNG plant

Domestic supply bolsters China’s LNG output

An increase in the domestic supply of feedstock gas helped unleash production at China’s LNG plants in H1 2019, but the increased supply has weighed on the industry’s profitability.

29 August 2019 Asia Pacific
A nuclear power station in Japan

High temperatures boost LNG demand in Japan

Above-average temperatures are supporting Japanese LNG imports.

27 August 2019 Asia Pacific

Gazprom exports to Europe down by 4.7%

Low European spot prices and an increase in LNG imports have cut Gazprom’s exports to Europe, although Central European countries have boosted their offtake of Russian gas.

22 August 2019 Europe & Russia

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.

20 August 2019 Asia Pacific
Drilling at Genel Energy's Miran project in Iraq

Kurds face slow going as export plans struggle for lift-off

The Kurdistan Region of Iraq’s gas plans have been scaled back, with lower volumes and more relaxed timelines expected.

16 August 2019 Middle East & Africa
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

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
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

Tianjin output falls but CNOOC facility remains top seller

The terminal sold much more trucked LNG than other facilities in China last week, despite its sales falling on a weekly basis.

1 August 2019 Asia Pacific

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