Gas

Europe’s LNG Demand Surge Flips Global Gas Market

Asia has been the driver of global demand for liquefied natural gas for years now, with its fast-growing economies guzzling energy at elevated rates. This year, however, has seen this change. Asian demand for LNG is weakening—but Europe’s is on a substantial rise, more than offsetting Asia’s weakness, despite plans …

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Early Winter Ice Halts Arctic LNG Deliveries to China

Sanctioned LNG vessels carrying liquefied natural gas from Russia’s sanctioned Arctic LNG 2 project are running into early winter ice on the Northern Sea Route and deliveries to China from the Russian export plant could drop off as temperatures in the Arctic plummet. The Buran vessel, which offloaded a cargo …

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Japanese Utilities Confident in Replacing Russian LNG

Some of Japan’s biggest utilities believe that they would be able to find alternative gas supply in case they are no longer able to import Russian LNG, executives said this week, following U.S. pressure that Japan and other U.S. allies stop imports of Russian energy. Japan imports Russian LNG from …

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China Leads World’s Underground Gas Storage Buildup

China has increased its underground gas storage capacity by the most of any country since 2022, the International Gas Union (IGU) said in a new report on Monday. As of 2025, there are 699 underground natural gas storage facilities in operation worldwide, with a total working gas volume of 424 …

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Global LNG Exports Hit a Record High in September

Exports of liquefied natural gas globally increased to 34.59 million tons last month, which was the highest on record, the Gas Exporting Countries Forum reported. The increase was driven by a boost in imports, at an annual 3.7%, which in turn was driven by a surge in demand in the …

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