Gas

European LNG Imports to Hit All-Time High in May

European liquefied natural gas (LNG) imports are set to hit an all-time high in March, as the region absorbs global oversupply at a time of declining demand, Kallanish Energy reports. According to experts at the IHS Markit LNG Research Service, total LNG deliveries to Europe are expected at nearly 11 …

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Yamal LNG Is on Its Way Back to Norway

The almost 200 meter long «Vladimir Vize» is one of 15 top ice-class carriers that over the last 2,5 years have shuttled to Sabetta to pick up liquified natural gas from the Novatek’s major Arctic plant. On that same day, tanker «Yamal Spirit» set out from Rotterdam. Also this ship …

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Russia’s Move in European Gas Markets

Russia sees a silver lining in the oil price collapse—it now believes that the oil price war will help it win the war for natural gas market share in Europe. Russia’s gas giant Gazprom, the single largest supplier of natural gas to Europe, has watched with apprehension the growing volumes …

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Poland to Supply US Gas to Ukraine

Poland will transport 6 to 8 billion cubic meters of American liquefied natural gas (LNG) per year to Ukraine in a deal that will help reduce Ukraine’s dependence on Russian gas. The deal should begin delivering the required natural gas in two to three years but much depends on the …

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Gas Prices will Remain Low over the Next Two Years

Fitch Ratings has trimmed its natural gas price forecasts both for the U.S. and European benchmarks on the back of “very large” market oversupply, Kallanish Energy reports. “Current prices in Europe and Asia rarely cover the half-cycle cash costs – that include variable operating costs and transport to Europe – …

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US to Become the ‘World’s Leading LNG Exporter by 2025’

The US will become the world’s leading exporter of liquefied natural gas (LNG) by 2025, says an analyst. LNG has grown in popularity over recent years, providing energy companies with a lower-carbon alternative to coal as they seek to reduce their emissions amid growing climate change pressure. Record production levels …

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