The notion of linking natural gas to crude oil is a funny one for the uninitiated in North America, where an abundance of supplies and a robust wholesale market reign. However, nearly three-quarters of all the world’s liquefied natural gas (LNG) trade is tied to oil prices.
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The leading role of the United States in North American natural gas exports grew while the former continental champion, Canada, faded in 2019, according to the latest trade scorecard by the U.S. Department of Energy (DOE).
U.S. liquefied natural gas (LNG) exports bounced back during the week ending Feb. 26 as 18 vessels departed carrying 69 Bcf, according to the Energy Information Administration (EIA).*
Europe’s liquefied natural gas (LNG) imports hit record levels of 12.7 Bcf/d in November as global supplies have increased and prices have fallen, according to the Energy Information Administration (EIA).
India’s push to develop natural gas infrastructure is transforming the country into a force in Asia, home to around two-thirds of global demand.
Qatar’s announcement on Tuesday that it remains committed to expanding its natural gas exports worldwide by 2024 brings into focus the question of when the ongoing supply glut in global liquified natural gas (LNG) markets could come to an end.
Japan’s Minister of Economy, Trade and Industry (METI) Isshu Sugawara said Thursday $10 billion would be invested in liquefied natural gas (LNG) projects worldwide by the country’s private and public sectors.
Tokyo Gas Co. Ltd. said Friday it has clinched a heads of agreement (HOA) for liquefied natural gas (LNG) supply with a unit of Royal Dutch Shell plc that would use a unique pricing formula based on coal indexation.
Two of the leading natural gas buyers in the world, EDF Trading Ltd. (EDFT) and Jera Co. Inc., on Tuesday agreed to combine their worldwide trading activities to optimize liquefied natural gas (LNG) marketing.