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LNG Trading Continued to Drive Gas-on-Gas Competition Last Year, IGU Says

LNG Trading Continued to Drive Gas-on-Gas Competition Last Year, IGU Says

Natural gas buying at prices linked to dominant benchmarks like Henry Hub, the Japan Korea Marker (JKM) and the Dutch Title Transfer Facility (TTF) increased last year, again taking share from deals linked to oil-indexed contracts, according to the International Gas Union (IGU).  Gas-on-gas (GOG) competition’s share of the global market last year reached 49.3%,…

July 8, 2021
IGU Sees Quick LNG Demand Recovery Post-Pandemic, but Imports Down 4% in 2020

IGU Sees Quick LNG Demand Recovery Post-Pandemic, but Imports Down 4% in 2020

Global natural gas use is poised to decline this year as Covid-19 has cut into demand, but a quick recovery could be likely, driven by favorable economics, increasing access to the fuel and longer-term emissions reduction targets, according to the International Gas Union (IGU).  According to IGU’s latest Global Gas Report, developed with Bloomberg New…

August 10, 2020
IGU Again Finds Gas-on-Gas Competition Increasing as LNG Spot Deals Grow

IGU Again Finds Gas-on-Gas Competition Increasing as LNG Spot Deals Grow

The world again saw an increase of natural gas buying at prices tied to dominant hubs and indices last year as the number of purchases linked to competing fuels like crude oil declined in an ongoing shift influenced by a sharp spike in liquefied natural gas (LNG) spot trading, according to the International Gas Union…

July 2, 2020

The Offtake: LNG in Brief

A roundup of news and commentary from NGI’s LNG Insight

April 27, 2020

IGU Report: Marine Transport Could Be Niche for LNG

In the near- and medium-term, liquefied natural gas (LNG) may a transportation fuel market in the marine sector, where globally water-based transportation of goods continues to grow at a robust pace, according to the latest World LNG Report by the International Gas Union (IGU).

August 27, 2013