Tag / Asia

Subscribe

Asia

Asia Spot LNG Prices Drop, Prompt Shipping Rates Rise

Asia Spot LNG Prices Drop, Prompt Shipping Rates Rise

HOUSTON (ICIS) — Asian LNG spot prices have fallen this week, with the July ICIS East Asia Index (EAX) down more than 12% on 19 May from one week ago. The softness in prices, compared with levels seen just a month ago, could attract additional buyers into the market. New demand will be weather dependent…

May 20, 2022
European Storage Filling Quickly as Natural Gas Floods Continent – LNG Recap

European Storage Filling Quickly as Natural Gas Floods Continent – LNG Recap

Europe’s natural gas storage inventories continue to rise at some of the fastest rates on record as an influx of liquefied natural gas (LNG) cargoes lands on the continent to take advantage of strong prices. Storage stocks are at roughly 40% of capacity, which is below the five-year average of about 45%, but roughly aligned…

May 17, 2022
LNG Prices Still Bearish on Limited European Delivery Slots

LNG Prices Still Bearish on Limited European Delivery Slots

LONDON (ICIS) – European and Asian prices continued to move in tandem to some extent, driven by new supply deals, tighter European supply and new Russian sanctions.

May 13, 2022
Long-Term Deals, LNG Import Capacity Rising

Long-Term Deals, LNG Import Capacity Rising

LONDON (ICIS) – LNG pricing highlights this week were largely characterized by big rises in the US Henry Hub price, driven by tight supply and a lack of new production indicators ahead of summer demand.

May 6, 2022
Sempra Focusing on Long-term LNG Contracts, Equity Partnerships

Sempra Focusing on Long-term LNG Contracts, Equity Partnerships

As the invasion of Ukraine fuels record prices for U.S. liquefied natural gas (LNG), Sempra plans to hold steady on prioritizing long-term contracts and equity partnerships, which management said have become more important during the conflict. The Sempra Infrastructure Partners subsidiary of the San Diego-based energy company has a hefty list of proposed and sanctioned…

May 5, 2022
Cheniere ‘Just Beginning’ to Meet Europe’s LNG Demand After Dominating in 1Q

Cheniere ‘Just Beginning’ to Meet Europe’s LNG Demand After Dominating in 1Q

Cheniere Energy Inc. said Wednesday the amount of liquefied natural gas (LNG) it produced for delivery to Europe surged during the first quarter in a trend management expects to continue as the continent looks to diversify its supplies in a pivot from Russia.  Chief Commercial Officer Anatol Feygin said Cheniere-produced cargoes supplied more of the…

May 4, 2022
Europe Weighs Risks of Further Russian Natural Gas Supply Cuts – LNG Recap

Europe Weighs Risks of Further Russian Natural Gas Supply Cuts – LNG Recap

European natural gas prices bounced back on Tuesday as the market appeared torn between steadily increasing liquefied natural gas (LNG) imports and the possibility of further disruptions to Russian supplies.  Russia cut off natural gas exports to Poland and Bulgaria for the countries’ refusal to comply with the Kremlin’s decree requiring European buyers to change…

May 3, 2022
COLUMN: Russia Conflict Creates Market Opportunity for Mexico LNG Export Projects

COLUMN: Russia Conflict Creates Market Opportunity for Mexico LNG Export Projects

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. As part of its effort to displace Russian gas, the Biden administration has committed to sending an additional 15 Bcm of liquefied…

April 29, 2022
UAE Plans to Double LNG Exports in Oil, Natural Gas Expansion

UAE Plans to Double LNG Exports in Oil, Natural Gas Expansion

The United Arab Emirates’ (UAE) plans to build a second LNG export facility and become a regional exporter are gaining momentum as European leaders recently visited the Middle East to discuss replacing Russian energy imports.  The proposed two train 9.5 million metric tons/year (mmty) project is to be located at the busy oil port of…

April 26, 2022
Upside Clear for U.S. Natural Gas Prices as Fundamentals Remain Strong – LNG Recap

Upside Clear for U.S. Natural Gas Prices as Fundamentals Remain Strong – LNG Recap

U.S. natural gas prices rebounded Monday and were set to maintain momentum as benchmarks in Asia and Europe continued to cool.  “Daily demand is set to rise mid-week, adding as much as 5.5 Bcf/d by Wednesday and coinciding with the May contract rollover,” said EBW Analytics Group analyst Eli Rubin of the Henry Hub contract. …

April 25, 2022
‹ Previous 1 2 3 20