LNG Insight

China is aiming to achieve peak carbon dioxide (CO2) emissions before 2030 and carbon neutrality before 2060, President Xi Jinping said Wednesday. In an address to the United Nations (UN) General Assembly focused largely on the need for a coordinated global response to the Covid-19 pandemic, Xi said China will scale up its Intended Nationally…

Henry Hub spot natural gas prices are sitting under $1.50/MMBtu, but lower production is expected to drive a more than $2 rebound by February/March, assuming normal weather, according to IHS Markit. IHS Markit analysts expect the tightening supply/demand balance to lift Henry Hub cash prices to the $2.50 range by year’s end, up from an…

Brazil is set to be the center of new liquefied natural gas (LNG) demand activity in Latin America at least over the next decade, according to experts who spoke at a webinar last week organized by the Institute of the Americas. “Gas remains the transition fuel in Brazil because it allows for the highest possible…

Several Eastern Mediterranean countries have formally established an intergovernmental organization to cooperate in developing the massive offshore natural gas fields in the region, conspicuously leaving out Turkey as a member state. The East Mediterranean Gas Forum (EMGF) is to be based in Cairo and any East Mediterranean country can apply for membership, the Egyptian Ministry…

A roundup of news and commentary from NGI’s LNG Insight China, the world’s largest carbon emitter, is aiming to reach peak emissions before 2030 and be carbon-neutral by 2060. President Xi Jinping outlined the goals during an address before the United Nations. No details were provided about how the world’s second largest natural gas importer…

Feed gas deliveries to U.S. export terminals have fallen significantly in recent days and are likely to remain low this week as inclement weather on the Gulf Coast and maintenance are slowing liquefied natural gas (LNG) production.  Feed gas deliveries to Cove Point in Maryland have fallen to zero as the terminal started annual fall…

A British Columbia (BC) liquefied natural gas (LNG) dealer has recruited a Japanese trading house to help market LNG as a marine fuel at North America’s Pacific Northwest ports.   Cryopeak LNG Solutions Corp., an arm of BP Energy Partners LLC in the Vancouver, BC, suburb of Richmond, said a memorandum of understanding (MOU) for the…

Global gas fundamentals are expected to tighten considerably this winter and over the long term, but U.S. liquefied natural gas (LNG) could face another painful summer in which cargo cancellations mount as early as May. In a research note released Monday, Raymond James & Associates Inc. analysts said the continued ramp-up of the Chinese economy,…

Click here to listen to the latest episode of NGI’s Hub & Flow podcast.  Senior Editor Jamison Cocklin, who oversees LNG Insight, is joined by NGI’s Patrick Rau, director of strategy and research, to give an overview of the commercial structures of U.S. export terminals, how the super-chilled fuel is priced and the advantages of…