A repeat of the LNG price volatility seen two years ago is not expected as China looks well supplied to meet domestic demand this winter.3 days ago
Saudi Arabia generates almost all its electricity from fossil fuels, including gas, but the kingdom has outlined ambitious plans for solar and wind generation.
Profit margins for coal- and gas-fired power generators in Germany came under pressure in November amid declining month-ahead power prices.
The facility sold an average of 338 truckloads of LNG per day last month compared with 312 in October.
Prices in Japan, South Korea, China and Taiwan fell by almost 8% in November compared with October.
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Imported LNG will make further inroads in Latin America and the Caribbean as the region’s small buyers diversify their power mixes away from hydro, oil and oil products.