India

U.S. LNG Cargoes Delivered in June to India Hit Record — The Offtake

A roundup of news and commentary from NGI’s LNG Insight A record nine U.S. LNG cargoes were delivered to India last month, according to Kpler. That’s up from the previous record of seven U.S. arrivals last November. India has returned to the spot market as a sharp spike in Covid-19 cases has eased. Through the…

July 8, 2021
Supply Issues, Strong Demand Push Natural Gas Prices Higher in Asia, Europe — LNG Recap

Supply Issues, Strong Demand Push Natural Gas Prices Higher in Asia, Europe — LNG Recap

European and Asian natural gas prices are recovering from last week’s losses as supply concerns and strong buying have spurred gains so far this week.  In Europe on Tuesday near-curve prices closed higher for both the Title Transfer Facility and National Balancing Point contracts through August.   Russian gas giant Gazprom PJSC reportedly did not take…

May 25, 2021
Covid-19 Cases Surge in India, Cutting Into Spot LNG Demand

Covid-19 Cases Surge in India, Cutting Into Spot LNG Demand

A prolific surge in Covid-19 cases in India is cutting into spot liquefied natural gas (LNG) demand as some vessels have avoided the country since last month.  Seven LNG tankers that were headed to India have been diverted to other destinations since mid-April, said Kpler analyst Charles Costerousse, who added that the market research firm…

May 7, 2021
LNG Import Terminals in India, Europe to Add Capacity as Demand Grows

LNG Import Terminals in India, Europe to Add Capacity as Demand Grows

Belgian midstreamer Fluxys said Monday that it has made a positive final investment decision to nearly double the regasification capacity at its Zeebrugge liquefied natural gas (LNG) import terminal after a successful open season.  The company said the full 6 million metric tons/year (mmty) of additional regasification capacity at the facility in Belgium was fully…

February 16, 2021

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

The Offtake: LNG in Brief

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

April 14, 2020
Uncertainty Reigns in Global LNG Market as Coronavirus Lockdowns Persist

Uncertainty Reigns in Global LNG Market as Coronavirus Lockdowns Persist

Uncertainty continues to mount across the global natural gas market with key buyers from Europe to South Asia sidelined by measures to slow the coronavirus, raising questions about how suppliers across the world will respond to the possibility of an extended downturn in demand as inventories fill.

April 3, 2020
Uncertainty Reigns in Global LNG Market as Coronavirus Lockdowns Persist

Uncertainty Reigns in Global LNG Market as Coronavirus Lockdowns Persist

Uncertainty continues to mount across the global natural gas market with key buyers from Europe to South Asia sidelined by measures to slow the coronavirus, raising questions about how suppliers across the world will respond to the possibility of an extended downturn in demand as inventories fill.

April 3, 2020
Tellurian Negotiations for Driftwood LNG Deal With Petronet Yet to Bear Fruit, Deadline Extended

Tellurian Negotiations for Driftwood LNG Deal With Petronet Yet to Bear Fruit, Deadline Extended

Still seeking the commitments it will need to reach a final investment decision (FID) on its proposed Driftwood liquefied natural gas (LNG) export project, Tellurian Inc. said it has extended negotiations with prospective buyer Petronet LNG Limited of India.

February 27, 2020

U.S. and India to Promote Energy Ties, Say Trump and Modi

President Trump and India’s Prime Minister Shri Narendra Modi vowed Wednesday to strengthen a comprehensive global strategic partnership between their countries, including growing links in trade and investment in hydrocarbons such as liquefied natural gas (LNG).

February 26, 2020
‹ Previous 1 2 3 4