Europe

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
LNG Recap: Coronavirus Response Pushes Commodity Prices to Record Lows Worldwide

LNG Recap: Coronavirus Response Pushes Commodity Prices to Record Lows Worldwide

Global natural gas prices continued their freefall as the week got underway, hitting new lows in both Asia and Europe as the coronavirus outbreak has destroyed demand and left the market awash in supplies.

March 31, 2020
LNG Recap: Coronavirus Response Pushes Commodity Prices to Record Lows Worldwide

LNG Recap: Coronavirus Response Pushes Commodity Prices to Record Lows Worldwide

Global natural gas prices continued their freefall as the week got underway, hitting new lows in both Asia and Europe as the coronavirus outbreak has destroyed demand and left the market awash in supplies.

March 31, 2020

Vitol Reports 35% Rise in Traded LNG Volumes, Says Fuel to Supply Greater Share of Revenue

Vitol Inc. CEO Russell Hardy said Friday the Swiss commodities giant expects liquefied natural gas (LNG) to account for a growing share of revenue, as delivered volumes rose 35% to 10.5 million metric tons (mmt) in 2019.

March 27, 2020
LNG Cargoes Seen Shifting to Asia as European Inventory Brims Amid Demand Destruction

LNG Cargoes Seen Shifting to Asia as European Inventory Brims Amid Demand Destruction

European natural gas storage inventories are at record highs as shoulder season nears, the Energy Information Administration (EIA) noted Tuesday, a factor that could eventually limit the continent’s ability to absorb liquefied natural gas (LNG) imports as it faces more immediate demand threats from the coronavirus.

March 24, 2020
LNG Recap: U.S. Feed Gas Deliveries Spike; Coronavirus Weighs on European Demand

LNG Recap: U.S. Feed Gas Deliveries Spike; Coronavirus Weighs on European Demand

Feed gas deliveries to U.S. liquefied natural gas (LNG) export terminals bounced back over the weekend, surpassing 9 Bcf/d and hitting their highest point in weeks.

March 23, 2020