japan

LNG Recap: Busy Stretch for U.S. Export Development as Global Outlook Remains Weak

LNG Recap: Busy Stretch for U.S. Export Development as Global Outlook Remains Weak

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).*

March 3, 2020

European LNG Imports Hit Record Levels as Global Market Shifts

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).

December 27, 2019

India’s LNG Development Marks Ongoing Shift in Asian Market

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.

October 24, 2019

Qatar’s LNG Expansion Brings Supply-Demand Fundamentals into Focus

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.

October 9, 2019
Global LNG Investment Hits New Record of $50B, Says IEA

Global LNG Investment Hits New Record of $50B, Says IEA

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.

September 26, 2019
Novatek Finalizes Arctic LNG 2 Project

Novatek Finalizes Arctic LNG 2 Project

Russia’s largest independent natural gas producer Novatek has completed the sale of its remaining stakes in the Arctic 2 liquefied natural gas (LNG) project to two Chinese companies and a Japanese consortium.

July 25, 2019

In First, Shell Inks LNG Supply for Tokyo Gas to Coal Prices

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.

April 5, 2019

Powerhouse LNG Buyers Jera, EDF Combining Trading Activities

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.

July 3, 2018

U.S., Japan to Cooperate on LNG Projects Throughout Asia

The U.S. and Japanese governments said they plan to continue their cooperation in the energy sector by providing training, financing and technical assistance to countries within the Indo-Pacific region, ostensibly to promote U.S. liquefied natural gas (LNG) exports to Asia.

April 24, 2018

Brief — JERA Co. Inc.

JERA Co. Inc. said its first liquefied natural gas (LNG) cargo produced in the contiguous United States arrived at the Joetsu LNG Terminal of Chubu Electric Power Co. last Friday. It is the first Lower 48 U.S. LNG cargo to be delivered to Japan, the company said. JERA and Cheniere Marketing International LLP had entered into a sale and purchase agreement for the cargo, which was loaded onto the LNG vessel Oak Spiritat Cheniere Energy Partners LP’s Sabine Pass LNG Terminal in Louisiana on Dec. 7. The voyage to Japan via the Panama Canal took about one month. JERA said it believes the purchase of US LNG will contribute to a stable energy supply in Japan through the diversification of procurement regions and LNG price indices. JERA said it will establish an “LNG procurement portfolio that can flexibly respond to changes in the business environment by increasing its procurement ratio of LNG which is free from destination restrictions, through projects such as the Freeport LNG Project in [the United States].”

January 9, 2017