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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India on Track to Boost LNG Imports If Prices Remain Steady
India’s natural gas consumption is expected to increase this year, driven partly by a projected jump in LNG arrivals that are seen as crucial to the government’s goal to more than double the share of natural gas in the country’s power generation mix by 2030. “We are expecting Indian liquified natural gas imports to climb…
August 18, 2023
Qatar Still Has Enormous Volume of LNG Left to Market
Qatar, one of the top global LNG exporters, is having a banner year. The country has signed record volumes of long-term liquified natural gas supply contracts with new and existing buyers. But it remains uncertain how much of the additional capacity that is being developed by QatarEnergy (QE) will be committed by the end of…
August 15, 2023
UK Looking to Issue North Sea Oil, Natural Gas Licenses This Fall
Hundreds of North Sea oil and gas licenses are set to be granted in the UK within months to reduce reliance on oil and natural gas imports to strengthen the country’s energy independence. UK Prime Minister Rishi Sunak reaffirmed the UK’s commitment to oil and gas, saying late last month that “even when we’ve reached…
August 14, 2023
Egypt Resumes LNG Exports, but Production Declines Threaten Overall Output
Egypt plans to resume LNG exports in the fall after curbing them to meet domestic power demand, according to Energy Minister Tarek el-Molla. However, the combination of continued high temperatures and Egypt’s declining feed gas supplies could impact future liquefied natural gas exports. According to Kpler analyst Laura Page, Egyptian LNG exports have posted year-over-year…
August 8, 2023
EU’s Joint Natural Gas Tender Platform ‘Exceeding Expectations,’ but Call for Transparency Continues
European Commission (EC) officials have called the bloc’s Aggregate EU joint natural gas purchasing platform a success after closing the second tender, but market participants and analysts are still calling for more information around contracts. Out of the nearly 12 Bcm matched in the second tender, liquefied natural gas accounted for 5.5 Bcm and the…
July 31, 2023
Europe’s Drop in Summer LNG Imports, Hefty Storage Could Still Spell Upside Risk in Winter
Europe’s hefty natural gas storage and diminished natural gas demand has led to months of decline in LNG imports, but global competition still presents an upside price risk for winter in a tightening market. European LNG imports dropped from May to June after peaking at 9.50 million tons (Mt) in April. However, the month-on-month decline…
July 26, 2023
Russia Still Counting on Asian Demand as Natural Gas Output, Exports Continue Falling
Moscow has revised its gas strategy repeatedly since western sanctions were placed on Russia last year after it invaded Ukraine, and it is counting on Asia as an export destination to replace the loss of Europe’s 150 billion cubic meter (Bcm) market. The Russian government revised pipeline export targets last month to increase deliveries to…
July 24, 2023
Japan’s LNG Buyers Increasingly Frustrated with Australia’s Energy Policy
Australia could lose long-term LNG supply contracts with Japan under recent government policy changes over the past several months that appear to undermine the country’s natural gas industry. Under the Australian Domestic Gas SafeGuard Mechanism (ADSGM) passed earlier this year, the government is allowed to divert liquified natural gas feedstock to meet domestic demand, and…
July 20, 2023
Europe Reluctant to Tap Ukrainian Storage Capacity Despite Rapidly Filling Inventories
European Union (EU) natural gas storage levels could reach 90% capacity by the end of August, or two months ahead of the Nov. 1 target set by regulators, leaving Europe with too much gas and a shortage of space underground to store any more. As a result, an offer from Ukraine earlier this year to…
July 14, 2023
Heat Wave in Asia Boosts LNG Demand, Lifts JKM Above TTF Price
Soaring temperatures are pushing Asian LNG buyers into the market to cover power demand, keeping Japan-Korea Marker prices at a premium to the Dutch Title Transfer Facility (TTF) benchmark. Asia, along with North America and Latin America, are facing El Niño weather conditions causing a surge in cooling demand around the globe. “We think recent…
July 11, 2023