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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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
Turkey Forging Ahead With Plans for Natural Gas Hub Less Reliant on Russia
Turkey is moving forward with plans for a regional LNG hub that could potentially exclude Russia as a partner. Reduced European gas demand, a recent offshore gas discovery and new liquefied natural gas supplies have helped reduce Russian pipeline imports – a sign that the Turkish government may have an alternative gas strategy. During the…
June 30, 2023
Groningen Natural Gas Field Closure in 2024 Said Unlikely to Impact European Supplies
Natural gas production from the Netherlands’ Groningen field will end by Oct. 1, the Dutch government confirmed late last week, largely eliminating what was long a top supply source for Europe. The continent has depended on production from Groningen for decades. The field reached peak annual output of 88 billion cubic meters (Bcm) in 1976,…
June 28, 2023
Norwegian Outages Test European Natural Gas Market, Renew Supply Concerns
An unexpected delay at Norway’s Nyhamna gas processing plant this month resulted in a dip in Norway’s gas production and higher European prices as traders adjusted to Shell plc’s postponed planned maintenance. The plant had been shut down since May 19 and was originally slated to resume production on June 21, but maintenance work on…
June 27, 2023
U.S. LNG Exports to Europe Surged 5% During Beginning of the Year Despite Market Lull
As Europe’s LNG infrastructure continues to expand, U.S. volumes to the continent surged during the first five months of the year before dropping in May. Falling natural gas prices didn’t encourage European buyers to grab cargoes in May, leading to a 7% month/month drop as warm weather settled in. A mild winter, collapsed industrial demand…
June 16, 2023
Vietnam’s Ambitious Plans to Burn More LNG Face Challenges
Vietnam’s plans to use more natural gas and renewables could prove to be challenging as power projects are already delayed and the country will need billions of dollars from foreign investors to increase domestic production and build LNG infrastructure. Vietnam has long had huge potential for gas-to-power projects, with growing energy demand, industrial activity and…
June 9, 2023
Japan’s LNG Imports Sink as Country Taps Into Alternatives, Conserves More Energy
Japan’s return to nuclear power generation and efforts to conserve energy have contributed to a significant decline in LNG imports through the first five months of this year. Japanese imports have fallen for four consecutive months, hitting an all-time low of 4.16 million tons (Mt) in May, according to Kpler. Overall, Asian demand has been…
June 8, 2023
Indonesia Could Limit LNG Exports to Preserve Domestic Supplies
Indonesia may prohibit new LNG export contracts and contract renewals in the future to divert gas to meet domestic industrial demand, a government official said. “We have been exporting LNG for many years, but now we need it, as it turns out. We don’t want to export anymore,” Indonesia’s Coordinating Maritime Affairs and Investment Minister…
June 6, 2023