Kpler

Global natural gas demand remained weak as floating inventories built at sea and prices in Europe and Asia continued falling as the week got underway.  The May Title Transfer Facility (TTF) shed a penny on Monday, while spot LNG prices in Asia dropped below $12/MMBtu to their lowest point in nearly two years.  In Europe,…

European natural gas prices sank Monday, giving up last week’s gains as the March Title Transfer Facility (TTF) contract rolled off the board with the continent amply supplied as spring nears.  The March and April contracts finished below $15/MMBtu as the week got underway. European gas storage inventories are at about 62% of capacity, compared…

An unprecedented number of LNG vessels are floating offshore Europe as regasification terminal congestion and whipsawing prices further complicate the supply situation. At least 22 ships loaded with liquefied natural gas had been moored on Wednesday for more than five days around European regasification hubs, according to data from Kpler. The majority of the ships…

European Union (EU) energy ministers will likely weigh proposals for natural gas price caps and other protective measures after weeks of questions from members, but researchers expect a consensus will be hard fought. Leaders from the 27 EU member countries are expected to meet Thursday and Friday to possibly implement a price cap on gas,…

Imports of liquefied natural gas (LNG) in South America are down this year with energy alternatives such as hydropower serving as their replacement. Kpler analyst Ryhana Rasidi told NGI that around 2.6 million tons (Mt) of LNG has landed on the continent this year as of the end of May. That’s 0.99 Mt lower than…

European natural gas prices continued their decline Tuesday as storage inventories on the continent appeared on track to fill by the end of summer. The prompt Title Transfer Facility (TTF) contract has shed nearly $5 over the last week. While liquefied natural gas (LNG) arrivals have slowed somewhat, they remain well above deliveries at this…

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…

Domestic liquefied natural gas (LNG) exports have remained steady and are on track to finish the month well above year-ago levels as the market continues to be tested by word of new cargo cancellations and warning signs for what lies ahead.

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.