The marginal cost of gas in transport is lower than that of oil-related fuels.
Read More »Saudi Arabia Turns to Nuclear Power
The domestic price of oil used for electricity generation and desalination is highly subsidized.
Read More »LNG Market to Grow by 11% in 2018
South Korea had the market share at 70% of the orderbook by cbm. followed by Japan (21%) and China (9%).
Read More »Oil Industry`s Supply Crunch Looks Inevitable
U.S. shale production is expected to slow over the next year.
Read More »Saudi Arabia Decrease Oil Pricing To Attract New Buyers
The cut in Arab Light prices for September was the second consecutive monthly reduction of the OSP to Asia.
Read More »US to Impose Devastating Set of Sanctions on Russia
The sanctions proposed against Russia’s energy sector could cause more damage. but the details remain unclear.
Read More »Asian LNG Prices Climb Again
LNG spot prices for September deliveries in Asia have reached US$10.00 per million Btu.
Read More »China`s Tariffs on US Goods Threatens Trump`s Energy Export Agenda
The trade fight with China hangs over potential long-term progress for U.S. LNG exports.
Read More »Poland Buys more LNG. Reduces Reliance on Russian Gas
PGNiG has to buy certain amounts of gas annually from Russia under a long-term deal with Russia’s Gazprom.
Read More »China Refuse U.S. Ask to Cut Iran Oil Imports
The oil market has been speculating about how much of Iran’s exports could be eroded by the U.S. sanctions.
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