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Global Security Threats Push Natural Gas Prices Higher Despite Lax LNG Demand – LNG Recap

Global Security Threats Push Natural Gas Prices Higher Despite Lax LNG Demand – LNG Recap

While LNG demand still remains mostly lax across Europe and Asia, the specter of supply volatility helped stoke global prices Monday as traders reacted to a bevy of attacks in Russia and Ukraine. The Dutch Title Transfer Facility (TTF) continued its upward march from last week, closing above $9/MMBtu. Asian liquefied natural gas prices followed…

March 25, 2024
Chevron Shuttering Tamar Natural Gas Field Offshore Israel as War Rages

Chevron Shuttering Tamar Natural Gas Field Offshore Israel as War Rages

Israel, which declared war against Islamist militant group Hamas following an unprecedented attack by the group in Israeli territory, has instructed Chevron Corp. to shut in the Tamar natural gas platform offshore the northern coast.  Alternative fuels are to be used as necessary to ensure the economy can operate, Israeli officials said. Israel had formally…

October 9, 2023