LNG Insight

South American Natural Gas Imports Slump Amid War in Europe

South American Natural Gas Imports Slump Amid War in Europe

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…

June 8, 2022
EIA Confirms Russia’s War Forces Seismic Shift in U.S. LNG Demand

EIA Confirms Russia’s War Forces Seismic Shift in U.S. LNG Demand

U.S. exports of liquefied natural gas (LNG) to Europe surged during the first four months of 2022 as countries across the continent clamored for American supplies amid Russia’s invasion of Ukraine, the Energy Information Administration (EIA) said Tuesday. The demand trend, well established, continues as countries throughout Europe try to wean themselves of Russian gas…

June 7, 2022
Shell, Japanese Utilities Tapping Low-Carbon Natural Gas Alternatives

Shell, Japanese Utilities Tapping Low-Carbon Natural Gas Alternatives

Shell plc’s decarbonization agreement with two Japanese liquefied natural gas (LNG) customers could increase the use of low-carbon alternatives within the decade. Tokyo Gas Co. and Osaka Gas Co. have signed a nonbinding framework with Shell’s Singapore-based subsidiary to consider natural gas and carbon capture, utilization and sequestration (CCUS) projects. Each Japanese company plans to…

June 7, 2022
TTF Sell Off Continues as Natural Gas Inventories Climb, Imports Stay Strong – LNG Recap

TTF Sell Off Continues as Natural Gas Inventories Climb, Imports Stay Strong – LNG Recap

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…

June 7, 2022
Can the U.S. Answer the Global Call for More LNG? – Listen Now to NGI’s Hub & Flow

Can the U.S. Answer the Global Call for More LNG? – Listen Now to NGI’s Hub & Flow

Click here to listen to the latest episode of NGI’s Hub & Flow podcast. NGI’s Patrick Rau, director of strategy and research, analyzes international efforts to boost liquefied natural gas (LNG) output and diversify energy supplies.  Rau focuses on expanding U.S. and Mexico LNG export projects and whether U.S. natural gas producers can meet the…

June 7, 2022
Energy Transfer Signs Another Lake Charles LNG Supply Deal with Chinese Utility

Energy Transfer Signs Another Lake Charles LNG Supply Deal with Chinese Utility

Energy Transfer LP (ET) said Monday it has agreed to supply a Chinese utility with 0.7 million metric tons/year (mmty) of liquefied natural gas (LNG) from its proposed Lake Charles LNG export terminal in Louisiana.  The 25-year deal between Energy Transfer LNG Export LLC and a subsidiary of China Gas Holdings Ltd. is the fifth…

June 6, 2022
Notice of NGI Data Accessibility Issues for Data Published Friday, June 3 & Monday, June 6

Notice of NGI Data Accessibility Issues for Data Published Friday, June 3 & Monday, June 6

Some Daily Datafeed, Mexico Daily Datafeed and Shale Daily data customers that access data via API and/or FTP may have been unable to retrieve data for publication date Monday, June 6 because of an internal processing error. Our IT team has solved the problem, and you should now be able to access those data as normal.

June 6, 2022
Israel Preps Fourth Offshore Bid Round as Collaboration with EU, Egypt on Natural Gas Develops

Israel Preps Fourth Offshore Bid Round as Collaboration with EU, Egypt on Natural Gas Develops

Israel has released a new bid round for offshore natural gas exploration licenses as it moves to aid Europe and boost its position as a regional energy hub. Israel’s Ministry of Energy has mapped around 25 exploration blocks in the Mediterranean Sea that will be grouped into six clusters for bid. The process could officially…

June 6, 2022
As Market Watches for Signs of Summer Heat, Natural Gas Forwards Retreat

As Market Watches for Signs of Summer Heat, Natural Gas Forwards Retreat

Having entered the summer cooling season at sharply elevated price levels, natural gas forwards pulled back during the May 25-June 1 trading period as the market continued to try to price in risks posed by lagging domestic inventories, according to NGI’s Forward Look. Fixed price declines of around 25-45 cents for July delivery were the…

June 3, 2022
High Natural Gas Prices Have Asian Buyers Still Reticent Despite European LNG Slowdown

High Natural Gas Prices Have Asian Buyers Still Reticent Despite European LNG Slowdown

The wave of liquefied natural gas (LNG) cargoes headed to Europe has started to slow as storage on the continent rises, but there are signs that extreme prices could be delaying an anticipated ramp up from Asian buyers. Instead, more volumes of LNG have been steadily heading to destinations like Brazil, according to research from…

June 3, 2022