Liquefied natural gas has once again become trendy. After several years under attack from environmentalists, even the EU has accepted that natural gas, in whatever form it can get it, is going to stay in the energy mix for quite a while yet. The U.S. is building new export capacity …
Read More »The U.S. LNG Boom could Make Energy more Expensive for Americans
The noticeable upward tilt in graphs of the U.S. natural gas price since April 2024 is likely a hint of things to come for U.S. consumers of energy. That’s because record amounts of U.S. natural gas are now being sent abroad in the form of liquefied natural gas (LNG). And …
Read More »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 …
Read More »GECF: Qatar Ships more LNG Cargoes in 9M this Year Compared to Same Period 2024
Qatar shipped 25 more LNG cargoes in the first nine months of this year compared to 9M 2024, according to Gas Export Countries Forum (GECF). In its latest monthly report, GECF noted that the United States shipped 181 more cargoes during the period compared to 9M 2024. In September, some …
Read More »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 …
Read More »China Continues Russian Arctic LNG Imports despite Sanctions
The sanctioned Russian Arctic LNG export facility continues to ship cargoes to China as the U.S.-sanctioned project did not incur additional sanctions in Wednesday’s U.S. package imposed “as a result of Russia’s lack of serious commitment to a peace process to end the war in Ukraine.” While the U.S. slapped …
Read More »Europe’s Natural Gas Futures Draw Record Open Interest
Total open interest in Europe’s benchmark gas futures surged to a record high this week, exchange data compiled by Bloomberg showed on Friday, in a sign that the lull in European gas trading could be over with the colder weather. The market has become more liquid in recent days, and …
Read More »Egypt Defers LNG Import Cargoes on Weaker Demand
Egyptian Natural Gas Holding Company (EGAS), the state-owned gas firm, has asked its LNG suppliers to delay the delivery of at least 20 cargoes that it had to receive by the end of the year, anonymous sources familiar with the plans told Bloomberg, as Egypt struggles to anticipate actual gas …
Read More »Ukraine Looks to Boost Gas Imports by 30% after Russian Attacks
Ukraine has discussed with G7 countries additional natural gas imports as it seeks to boost imports by 30% to offset the damage from Russian strikes on its gas infrastructure, Ukrainian Energy Minister Svitlana Grynchuk said on Tuesday. In recent weeks, Russian strikes have caused “significant” damage to the gas production …
Read More »Iran Boosts Natural Gas Reserves with New Discovery
Iran claims a new natural gas discovery would add an estimated 10 trillion cubic feet to its gas reserves and could help offset an expected energy imbalance. Iran has discovered significant gas and oil reserves at the Pazan field in the southern part of the Fars province, Iranian Oil Minister …
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