Gastech

Natural Gas Players Look Past Short-Term Risk to Long-Term Supply Gap with Flurry of Deals – LNG Recap

Natural Gas Players Look Past Short-Term Risk to Long-Term Supply Gap with Flurry of Deals – LNG Recap

Global natural gas markets were tepid Tuesday despite growing risks of Australian LNG work stoppages. While the global natural gas community gathered in Singapore for the start of the Gastech 2023 conference, workers at Chevron Corp.’s Gorgon and Wheatstone liquefied natural gas terminals disclosed plans for walkouts. Representatives for the Offshore Alliance said workers could…

September 5, 2023
Governments, Free Markets Seen as Integral to Growing LNG Demand

Governments, Free Markets Seen as Integral to Growing LNG Demand

Government intervention and free markets will be necessary to grow global liquefied natural gas (LNG) demand in the next decade and provide markets for U.S. gas producers, according to industry executives. Cheniere Energy Inc.’s Anatol Feygin, chief commercial officer of the largest U.S. LNG exporter, said at the recent Gastech Virtual Summit that the Houston…

September 18, 2020
Displacing Coal in Asia Seen as Key to LNG Growth in Era of Environmental Urgency

Displacing Coal in Asia Seen as Key to LNG Growth in Era of Environmental Urgency

If growth projections are expected to be realized for liquefied natural gas (LNG) in the coming decades, more must be done to ensure its role in displacing coal and aiding the energy transition, according to some experts.  The Asian market is seen as a key to LNG’s future growth and a global goal of reducing…

September 11, 2020

Tellurian’s Souki Offers Japan Fixed-Price $8/MMBtu LNG Beginning in 2023

Tellurian Inc. Chairman and liquefied natural gas (LNG) pioneer Charif Souki told a Japanese audience Tuesday that he would sell them LNG at a fixed $8/MMBtu beginning in 2023, according to press reports.

April 6, 2017
2016 Was Banner Year For Global LNG Trade, IGU Says

2016 Was Banner Year For Global LNG Trade, IGU Says

Global trade in liquefied natural gas (LNG) last year reached a record 258 million tonnes — up 5% from 2015, according to the International Gas Union (IGU). However, the LNG industry is in need of contract standardization, according to one trading house, which has introduced a proposal for a standard contract.

April 5, 2017