Gas

The U.S. was the World’s Top LNG Exporter in 2023

The United States beat out both Australia and Qatar to become the largest exporter of liquefied natural gas (LNG) in 2023, with an average of 11.9 billion cubic feet per day (Bcf/d) in exports last year, the U.S. Energy Information Administration (EIA) said on Monday. Strong demand in Europe, the …

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An EU Carbon Tax will Upend the Global LNG Market

The global LNG market could face a sea change in prices and trade flows later this decade if the European Union includes LNG in its carbon border tax. The EU’s Carbon Border Adjustment Mechanism (CBAM), commonly known as the “carbon border tax,” was launched on October 1 in the first …

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Turkey to Ramp up Gas Production 8-Fold by 2050

Turkey is expected to reach natural gas production of 13 billion cubic meters annually by 2050, enough to power Istanbul and Ankara for 12 months, positioning it between Western markets and major energy suppliers in the Middle East and Russia, Azernews reports, citing Anadolu Agency. According to information compiled by …

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Japan Boosts Reliance on Allies for Long-Term LNG Supplies

Resource-scarce Japan is shoring up long-term supplies of liquefied natural gas from close allies Australia and the United States as key contracts from providers including Russia are set to expire by the early 2030s. Japan’s biggest power generator JERA last month agreed to buy a 15.1% stake in Woodside Energy’s …

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Turkmenistan Eyes Gas Export Breakthrough with Turkey

With Turkmenistan and its gas export dreams, intentions are strong, but implementation is faltering. On March 1, Turkmen National Leader Gurbanguly Berdymukhamedov, the father of the president, traveled to Turkey to attend the Antalya Diplomatic Forum. During the visit, he met with Turkish President Recep Tayyip Erdogan — an encounter …

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