Global LNG demand growth will be supported not only by higher power and gas consumption but also by surging demand from the shipping industry, where liquefied natural gas is poised to become key to replacing the dirtier fuel oil and other oil-based marine fuels. Demand for LNG bunkering is expected …
Read More »Record-Low Canadian Natural Gas Prices Prompt Production Curbs
Canadian producers are temporarily shutting in natural gas wellheads amid a record-low negative pricing at the key Alberta gas hub. The price of natural gas at the AECO Hub, the Canadian benchmark price for natural gas on the Nova Gas Transmission Ltd. (NGTL) system, has been weak all summer and …
Read More »China Defies Sanctions with Sixth Russian Arctic LNG Cargo
China has received a sixth LNG cargo from Russia’s heavily sanctioned Arctic export project in a sign that the Chinese-Russian trade from Arctic LNG 2 has been flourishing in recent weeks despite U.S. and European sanctions on the project. The Arctic Mulan discharged its LNG cargo at the Chinese terminal …
Read More »Natural Gas is America’s Secret Weapon in the AI Power Race
Top natural gas producers and pipeline operators expect the industry and various U.S. states to accelerate approval and development of natural gas infrastructure in the new normal American electricity market of rising demand and consumer bills. American ratepayers have seen electricity prices rising at a faster pace than U.S. inflation …
Read More »Is Russia Weaponizing Natural Gas against Armenia?
For the third time in as many months, the Russian natural gas supplier Gazprom is turning off the tap to Armenia, claiming a need to repair infrastructure. Some observers believe the Kremlin is instigating the repeated cut-offs as a means of pressuring Yerevan to moderate its geopolitical turn away from …
Read More »Turkey Taps U.S., European, Asian Suppliers for 15 Bcm LNG
Turkey’s state gas company BOTAS has locked in 15 billion cubic metres of liquefied natural gas (LNG) through new contracts with eight global suppliers, in a concerted effort to expand its energy portfolio and curb dependence on pipelines from Russia, Azerbaijan and Iran. Announced at the Gastech 2025 conference in …
Read More »Japan Said to Hire Wood Mackenzie to Review Alaska LNG Project
Japan has reportedly tapped global consultancy Wood Mackenzie to study the long-proposed Alaska LNG pipeline and export terminal, signaling Tokyo is taking a closer look at whether to back a $44 billion megaproject long championed by Washington. Two sources with direct knowledge told Reuters the assessment aims to reassure wary …
Read More »Norway Begins Peak Gas Pipeline Maintenance
Europe’s biggest gas supplier, Norway, is starting the annual maintenance on gas fields, processing plants, and pipelines, which will see Norwegian gas flows slashed through the middle of September. Some planned works have already begun this week, including the processing plant at Nyhamna. Others begin this weekend, with most maintenance …
Read More »American Natural Gas Demand Poised for Historic Highs in 2025
U.S. natural gas consumption is on track to set a new record in 2025, according to the Energy Information Administration. In its latest Short-Term Energy Outlook, the agency projected demand will average 91.4 billion cubic feet per day, up from 90.5 bcf/d in 2024. January usage climbed to 126.8 bcf/d, …
Read More »Natural Gas could be Angola’s next Big Money Maker
Angola is betting big on natural gas developments as a short-term increase in oil production is not expected to last despite the West African country leaving OPEC over capped production. Companies operating in Angola have recently started up two oil projects, but they have also begun to target non-associated offshore …
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