Therese Robinson started her energy career in London covering international oil and gas markets. She was managing editor-Europe at Platts, director of Standard & Poor’s Credit Ratings division, and managing editor at UK consultancy, Gas Strategies. She also served as business development and crude editor for Argus. As both project director and managing editor, she launched Natural Gas Daily for Interfax Energy Services. She is from New England.
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Nuclear Power Additions Not Expected to Significantly Cut Into South Korea’s LNG Demand
South Korea’s plans to bring online more nuclear power capacity could cut natural gas demand this summer, but the strategy is unlikely to curb demand the way it has in Japan. “Korea’s nuclear projects have been under construction for some time, and Japan will be far ahead with switching their plants back on once they…
China’s LNG Buying Off to Strong Start This Year
China imported nearly 13% more LNG in the first two months of the year compared to the same time in 2023 as lower spot prices have encouraged Chinese buyers to close more deals. China’s imports of the super-chilled fuel reached 14.03 million tons (Mt) in January and February, up from 13.50 Mt during the same…
Russia, China Slow to Progress Power of Siberia 2 Natural Gas Negotiations
Negotiations between Russia and China over the Power of Siberia 2 (POS 2) pipeline, which would further link the countries, have shown no signs of gaining traction. Although Moscow is eager to close the deal, disagreements over pricing, tariffs, taxes, financing and the pipeline route may make it difficult for the project to meet its…
More Israeli Natural Gas Could Reach Global Markets Via Egyptian LNG Facilities
Natural gas output from Israel is again poised to increase as Chevron Corp. and its partners plan to invest more in the Tamar field, raising prospects for additional Eastern Mediterranean volumes to reach the global market via Egyptian liquefaction facilities. Tamar’s production is set to go from 1.2 Bcf/d to nearly 1.6 Bcf/d now that…
European Natural Gas Demand Forecast to Stabilize, but Price Volatility Looms Large
European natural gas demand has shown few signs of recovery so far this year as warm weather and industrial curtailments persist, but the fall in gas consumption on the continent is expected to slow this year compared to its downward spiral of 2023. Between August 2022 and December, European Union (EU) countries reduced gas demand…
U.S. Sanctions Slowly Impacting Russian LNG Exports
U.S. sanctions announced late last year have so far succeeded in inhibiting trade flows from Russian LNG export facilities. Sanctions have affected the sale, transport and transshipment of liquefied natural gas from PAO Novatek’s 19.8 million tons (Mt)/year Arctic LNG 2 facility, creating “a two tier universe for Russian LNG,” Kpler analyst Viktor Katona said…
Nebula Energy Buys Majority Stake in AG&P LNG to Fast-Track Asian Natural Gas Projects
U.S.-based Nebula Energy LLC has invested $300 million for a majority stake in AG&P Terminals & Logistics Pte Ltd., aka AG&P LNG. The investment firm is expanding its business in the liquefied natural gas and carbon capture and storage sectors with its investment in AG&P, with plans to fast-track infrastructure development across emerging markets in…
DOE’s LNG Pause Fogs Long-term LNG Supply Outlook for Asian, European Natural Gas Buyers
The Biden administration’s temporary pause on new U.S LNG export permits has for now derailed an anticipated wave of new volumes that was expected to hit the market later this decade, prompting major global gas buyers to explore other options. Asia and Europe have increasingly relied on the United States for a large portion of…
LNG Ships Still Avoiding Red Sea, but Market Said Insulated from Diversions
LNG ships are still avoiding transit in the Red Sea via the Bab el-Mandeb Strait to Europe or Asia and instead diverting around Africa’s Cape of Good Hope to avoid attacks from Yemen-based Houthis militants. However, global liquefied natural gas buyers have yet to show signs that added shipping costs and delivery delays are impacting…
Venture Global, Sonatrach Extend UK LNG Supply at Grain Terminal
National Grid plc has boosted long-term LNG supply to the UK from the United States and North Africa with two contracts as it expands imports at its Grain LNG terminal. London-based National Grid launched an auction in September seeking bids for up to 9 million metric tons/year (mmty) in regasification capacity at Grain, Europe’s largest…