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Supply & Demand

A protester looks at a police officer during an Extinction Rebellion climate change protest outside the Bank of England in the City of London.

Key trends to watch during the 2019-2020 gas year

Global Gas Analytics lists the key factors it believes will shape gas and LNG fundamentals and prices in the year ahead.

Just now World

EU gas demand shows signs of recovery

Gas demand across the 28 EU member states recovered in the first half of 2019 after a year-on-year decline in 2018.

1 hour ago Europe & Russia
South Pars Phase 12

Tehran must go it alone to develop discoveries

Iran will have to rely on domestic resources to develop its new fields as appetite from foreign investors has dwindled as a result of US sanctions.

4 hours ago Middle East & Africa
Darwin LNG

Darwin set to expand as Santos buys out Conoco

Following a period of belt-tightening, Australia’s second-largest gas group is expanding its asset base as it looks to raise its profile in the international LNG market.

4 hours ago Asia Pacific
EC VP for energy union Maros Sefcovic with Ukraine energy minister Oleksiy Orzhel

Europe’s gas importers brace for winter of uncertainty

Europe has plenty of gas in storage, but a cold spell coupled with disruptions to Russian supplies transiting Ukraine could lead to winter shortages, particularly in southeastern Europe.

23 hours ago Europe & Russia
Russian President Vladimir Putin with Abu Dhabi Crown Prince Mohammed bin Zayed Al Nahyan.

Lukoil’s Ghasha stake boosts UAE’s sour gas plans

The arrival of the Russian company completes the tendering process for the concession and is positive for the UAE’s plans to commercialise its technically challenging offshore reserves.

Yesterday Middle East & Africa

South Korea’s LNG imports down in September

Volumes imported by the country fell by 24.8% year on year last month, in line with the declining trend seen in previous months.

3 days ago Asia Pacific

Taiwan boosts LNG imports in September

Taiwan imported 1.37 mt of the fuel last month, and its energy transition is expected to drive further growth in demand for the fuel in the coming years.

6 days ago Asia Pacific
Bugey nuclear power plant, France.

France’s nuclear challenge

Problems affecting French nuclear reactors hit European gas and power prices last month. As France is a major regional electricity exporter, the future of its nuclear output will have an impact on Europe’s power balance.

8 October 2019 Europe & Russia
A cargo of Australian LNG bound for Japan

Third Japanese firm joins Transborders FLNG in push for shipping fuel

The firm interest from Mitsui OSK indicates sustained demand for gas from Japan’s shipping and power sectors.

7 October 2019 Asia Pacific
The Independence FSRU arriving in Lithuania

Finland-Estonia link boosts Paldiski FSRU plans

Estonia is re-joining the race to become a regional LNG hub in the Baltic as the lease on a nearby FSRU is set to expire and the country’s interconnector with Finland nears completion.

3 October 2019 Europe & Russia

Russian LNG challenges Qatar’s UK dominance in July

Qatar supplied 87% of the LNG that entered the UK in Q2, but competition from Russia ramped up in July.

26 September 2019 Europe & Russia
South Stream construction in Bulgaria

Bulgaria’s gas hub plans advance despite delays

The Black Sea gas hub could begin operating by the end of 2021 as major infrastructure projects in the region seem to be moving forward.

26 September 2019 Europe & Russia
A drillship in the Leviathan field

Israel's export hopes face new obstacles

The partners behind the offshore Leviathan gas field development must overcome concerns over security and demand before gas sales to Egypt get under way.

26 September 2019 Middle East & Africa
South Korea's Tongyeong LNG terminal

South Korean winter coal ban could boost spot LNG prices

A tentative proposal by South Korea to shutter many of its coal-fired power plants this winter could support Asian spot LNG prices during what is traditionally the region’s busiest season.

23 September 2019 Asia Pacific
Construction of Power of Siberia gas pipeline

The limits to China’s LNG growth

China’s gas market growth has eased and is expected to slow further, which will have implications for the speed at which the country can expand its LNG imports.

23 September 2019 Asia Pacific

European LNG imports slow as stocks hit new high

LNG imports in Europe have seen significant growth so far this year, but high stocks may put pressure on demand for spot LNG cargoes.

23 September 2019 Europe & Russia

Netherlands ups imports from Russia and Norway in 2018

The Netherlands increased imports of piped gas from Russia and Norway as production fell at the Groningen field.

19 September 2019 Europe & Russia
Taq Taq field in Iraq

Iraq ponders gas options amid US pressure

As regional tensions mount, Iraq faces a battle to protect its import agreement with Iran as domestic gas demand keeps rising.

19 September 2019 Middle East & Africa

ECJ’s OPAL decision boosts Ukraine gas transit

The volume of gas flowing to Germany's Greifswald interconnection point fell from 96.31 MMcm/d to 72.22 MMcm/d following the enforcement of the court ruling.

18 September 2019 Europe & Russia

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