LNG

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China’s liquefied natural gas (LNG) imports have continued to increase and are above 2019 levels year-to-date as spot prices in the region have plummeted, U.S. import tariffs have been waived and industrial demand recovers from the pandemic.

As global natural gas prices have cratered and the market remains awash in supplies, speculation persists over the possibility for a spike in U.S. liquefied natural gas (LNG) imports this summer, a prospect that still remains unlikely.

Sponsors of liquefied natural gas (LNG) development in British Columbia staked a claim Monday to national significance by rebranding their six-year-old trade association.

Latin American liquefied natural gas (LNG) imports have dropped significantly since March from the same period last year, but it is unclear to what extent the Covid-19 pandemic has contributed to the decline.

With persistent concerns about global exports, cooler-leaning near-term forecasts sent natural gas forward prices down a few notches for the June 4-10 period, according to NGI’s Forward Look.

The pandemic and a mild winter in the northern hemisphere have delivered a “historic shock” to the global natural gas market, with consumption set to decline in 2020 by twice the amount lost after the 2008 financial crisis, the International Energy Agency (IEA) said Wednesday.

French supermajor Total SA, one of the largest global natural gas producers, said Monday it has joined the Getting to Zero Coalition to work toward a 50% reduction in greenhouse gas (GHG) emissions from shipping by 2050, including helping to improve liquefied natural gas (LNG) infrastructure.

Liquefied Natural Gas Ltd. (LNGL) has finally closed on the sale of its proposed 8 million metric tons/year (mmty) export project in Lake Charles, LA, after two previous deals fell through.