LNG Insight

Global natural gas prices have fallen enough to absorb the current glut and cause the European Union’s power sector to switch from coal, but a mild winter or worsening macro could lead to severe price issues across the board, according to BofA Merrill Lynch Global Research.

Philippine authorities have given Excelerate Energy LP permission to proceed on plans to develop a floating natural gas import terminal to supply existing and new power generation.

Pakistan selected several groups of companies last week to build five new liquefied natural gas (LNG) import terminals in the country.

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.

BP plc, the longtime No. 1 natural gas marketer in North America, is chasing a larger position in the global liquefied natural gas (LNG) market with two new supply agreements, including one with the world’s third largest LNG importer.

Central America and the Caribbean could see growth in natural gas demand expand as environmental policies are enacted and as Argentina’s exports ramp up.

Facing a projected natural gas supply shortage that could begin next year, state-owned PetroVietnam said earlier this month that along with its partners it plans to start construction of the Thi Vai liquefied natural gas (LNG) import terminal, Vietnam’s first, in the southern Ba Ria-Vung Tau province.

A target of mid-2025 has been set for native-owned Cedar LNG to start overseas shipments of natural gas from the northern Pacific coast of British Columbia.

Tellurian Inc. over the weekend took another step toward sanctioning its massive natural gas export project on the Gulf Coast with a proposed agreement to sell a significant portion of capacity to India’s state-owned Petronet LNG Ltd.