imports

Strong U.S. Deliveries Early in 2020 Put European LNG Imports on Track to Surpass 2019

Strong U.S. Deliveries Early in 2020 Put European LNG Imports on Track to Surpass 2019

European liquefied natural gas (LNG) imports are on track to beat last year’s levels, driven in part by strong deliveries from the United States earlier in 2020, according to data intelligence firm Kpler.  The firm said this week domestic gas exports to Europe have nearly doubled this year, thanks in large part to a particularly…

December 1, 2020
LNG Imports in Latin America Fall as Pandemic Takes Toll

LNG Imports in Latin America Fall as Pandemic Takes Toll

Imports of liquefied natural gas (LNG) to Latin America fell by 4.2 million tons (Mt), or 32%, during January-September versus the same period in 2019 as the coronavirus ravaged the region’s economies, according to new analysis by data intelligence firm Kpler. Latin America has seen a particularly sharp decline this year compared to other LNG-importing…

October 22, 2020
Qatar Petroleum Secures Bulk of Capacity at Europe’s Largest LNG Import Terminal

Qatar Petroleum Secures Bulk of Capacity at Europe’s Largest LNG Import Terminal

Qatar Petroleum (QP) has secured roughly 40% of the capacity available at Europe’s largest liquefied natural gas (LNG) import terminal in the UK, solidifying the state-owned company’s role as the region’s dominant supplier. QP said an affiliate signed a 25-year agreement for 7.2 million tons (Mt) of storage and regasification capacity annually at National Grid…

October 14, 2020
China Chasing Carbon Neutrality by 2060, but LNG Imports Unlikely at Risk

China Chasing Carbon Neutrality by 2060, but LNG Imports Unlikely at Risk

China is aiming to achieve peak carbon dioxide (CO2) emissions before 2030 and carbon neutrality before 2060, President Xi Jinping said Wednesday. In an address to the United Nations (UN) General Assembly focused largely on the need for a coordinated global response to the Covid-19 pandemic, Xi said China will scale up its Intended Nationally…

September 24, 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
U.S.-Mexico Natural Gas Pipeline Exports Showing Resilience Despite Pandemic Complications

U.S.-Mexico Natural Gas Pipeline Exports Showing Resilience Despite Pandemic Complications

Even as the coronavirus rages on, impacting both natural gas demand and production, pipeline natural gas exports from the United States to Mexico continue to show strength. On July 8, U.S. piped exports to Mexico hit the 6.2 Bcf/d mark, the highest level ever reached in cross-border flows in a single gas day, according to…

July 14, 2020
Argentina Fetches Lowest Price in 12 Years for Full Complement of Winter LNG Cargoes

Argentina Fetches Lowest Price in 12 Years for Full Complement of Winter LNG Cargoes

Argentina’s state-owned Integración Energética Argentina (Ieasa) has purchased 28 liquefied natural gas (LNG) cargoes for the Southern Cone winter at a record price of $2.87/MMBtu on average, the company said on Monday. Despite growing domestic gas production from the Vaca Muerta formation and plans to develop large-scale LNG facilities, Argentina continues to import LNG in…

July 14, 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 China’s LNG imports from the United States surged to 340,000 tons in May, according to Bloomberg. That’s up from 211,000 tons in April, when exports left the United States for China for the first time in more than a year after trade tensions ease.  Wood…

June 30, 2020
U.S. Pipeline Natural Gas Exports to Mexico Rebounding in June as Price, Pandemic Outlooks Remain Uncertain

U.S. Pipeline Natural Gas Exports to Mexico Rebounding in June as Price, Pandemic Outlooks Remain Uncertain

Pipeline natural gas exports to Mexico from the United States averaged an estimated 5.4 Bcf/d during the first half of June, up from about 4.7 Bcf/d for the whole month of May, according to an analysis by Genscape Inc. The June estimate “includes the 6 Bcf/d seen on June 10, the third-highest volume ever registered…

June 24, 2020
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