Gas

South Korea had the market share at 70% of the orderbook by cbm. followed by Japan (21%) and China (9%).

China accounted for 13% of the exports from Cheniere’s Sabine Pass terminal in Louisiana as of mid-June.

LNG from the United States for Europe is at least 30-40% more expensive than the pipeline gas from Russia.

LNG spot prices for September deliveries in Asia have reached US$10.00 per million Btu.

PGNiG has to buy certain amounts of gas annually from Russia under a long-term deal with Russia’s Gazprom.

Denmark is the last country that has not issued a permit for the laying of the gas pipeline in its exclusive economic zone.

The strategy would help reduce Europe'.s reliance on Russian gas. and the U.S. government is keen to increase energy exports.

Technological development in data collection methods is enabling players in this industry to form a constitutive model for materials.

The recently established US-India Gas Task Force is designed to help India unleash its own natural gas potential.

China imported 23.81 million tonnes of LNG in the first half of 2018.