Europe

EU Grants Promote Use of LNG as Transportation Fuel

EU Grants Promote Use of LNG as Transportation Fuel

The European Union (EU) has approved grants for its member states to increase the use of liquefied natural gas (LNG) as a transportation fuel for ships, cars and trucks. The funding, approved earlier this month, is part of a 2.2 billion euro ($2.6 billion) package to support 140 transportation projects in the EU. Of that…

July 30, 2020
Europe RNG Production Sprinting Past North America

Europe RNG Production Sprinting Past North America

Eighteen nations in Europe collectively are ahead of North America in adopting production sites for renewable natural gas (RNG), or biomethane, with growth rising 51% in the past two years, according to the Natural Gas Vehicle (NGV) America trade organization. A study earlier this year by the American Gas Association (AGA) Foundation reported 110 RNG…

July 29, 2020
Benefits of New European Infrastructure Questioned as Outlook for Natural Gas Mixed

Benefits of New European Infrastructure Questioned as Outlook for Natural Gas Mixed

Europe would benefit from the controversial $11 billion Nord Stream 2 (NS2) natural gas pipeline and additional gas infrastructure, even though demand is seen declining over the long term, according to IHS Markit. “It is in the interest of European consumers to have abundant choice of import infrastructure from both price and security of supply…

July 24, 2020
Ukrainian Natural Gas Storage Luring European Supply as Markets Come Together

Ukrainian Natural Gas Storage Luring European Supply as Markets Come Together

The European natural gas market is finding refuge in Ukraine, where vast storage facilities are increasingly being utilized by traders, suppliers and utilities in a way that has helped to prevent prices from collapsing into negative territory amid a supply glut.  Ukrtransgaz, which manages storage and the country’s transmission system operator, has incentivized European traders…

July 1, 2020
Headwinds Persist in European Gas Market, Keeping U.S. Exports Locked Out

Headwinds Persist in European Gas Market, Keeping U.S. Exports Locked Out

Feed gas deliveries to U.S. liquefied natural gas (LNG) export terminals hovered near a three-week high on Thursday in a bright spot that’s likely to be short-lived as pain continues throughout the global market and American cargoes have largely been priced out of Europe where headwinds are keeping prices flat.  The continent has been the…

June 25, 2020
COLUMN: Exploring the Curious Case of Oil-Indexed LNG Contracts

COLUMN: Exploring the Curious Case of Oil-Indexed LNG Contracts

The notion of linking natural gas to crude oil is a funny one for the uninitiated in North America, where an abundance of supplies and a robust wholesale market reign. However, nearly three-quarters of all the world’s liquefied natural gas (LNG) trade is tied to oil prices.

May 27, 2020
LNG Q&A: Scholar Discusses the Role of Natural Gas in a World Changed by Covid-19

LNG Q&A: Scholar Discusses the Role of Natural Gas in a World Changed by Covid-19

Editor’s Note: The following segment is one in a series by NGI’s LNG Insight focused on exploring how the global liquefied natural gas (LNG) market works. The conversations in this series will also analyze news and the issues that matter most to the industry in North America and beyond.

May 13, 2020
Eni Reports Sharp Declines in First Quarter Natural Gas, LNG Sales due to Coronavirus

Eni Reports Sharp Declines in First Quarter Natural Gas, LNG Sales due to Coronavirus

Italian supermajor Eni SpA reported a steep drop in natural gas sales during the first quarter as the Covid-19 outbreak began destroying demand in Asia and Europe.

April 27, 2020
Global LNG Production Remains Resilient Despite Coronavirus, Falling Prices

Global LNG Production Remains Resilient Despite Coronavirus, Falling Prices

Despite prices that have cratered since last year and a steep cut in demand caused by the Covid-19 pandemic, global liquefied natural gas (LNG) supplies remain resilient and cargoes are still being delivered.

April 21, 2020
Global LNG Production Shut-Ins Seen Imminent as Prices Continue Falling

Global LNG Production Shut-Ins Seen Imminent as Prices Continue Falling

The outlook for liquefied natural gas (LNG) is growing dimmer as prices across the world have fallen by double-digits this year and the Covid-19 pandemic continues to ravage demand in markets already awash in supplies, suggesting production shut-ins are practically guaranteed in multiple countries.

April 17, 2020
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