Asia LNG

Declining Output, Lack of New Capacity Set to Test European LNG Imports in 2023

Declining Output, Lack of New Capacity Set to Test European LNG Imports in 2023

Europe is expected to continue paying exorbitant prices to attract LNG cargoes next year, particularly given how limited new supplies of the super-chilled fuel will be. A decline in sanctioned projects over the last decade during a low price environment and underinvestment in fossil fuels means new liquefaction capacity may be scarce until 2025, when…

November 16, 2022
Uptick in Asian LNG Competition Adds to Europe’s Restocking Pressure Before Winter

Uptick in Asian LNG Competition Adds to Europe’s Restocking Pressure Before Winter

As Europe tries to meet winter storage goals with further restricted flows of Russian natural gas volumes, Asian LNG prices are on the rise again as buyers from the region add pressure to an already tight global market. Since before Russia’s February invasion of Ukraine, European buyers have been swaying cargoes of liquefied natural gas…

August 2, 2022