Wednesday, January 22, 2025

Liquefied Natural Gas News

US NatGas Demand Could Hit Record High

(c) Mike Mareen / Adobestock

U.S. spot natural gas and power prices soared to multi-year highs in several parts of the country with extreme cold expected to boost gas demand to a daily record high on…

Document shows that ten EU countries have called for sanctions against Russian LNG and gas

A document obtained by revealed that ten European Union nations have asked the 27-nation group to ban the imports of gas from Russia. This comes as Europe is debating new…

EUROPE GAS prices in tight range due to strong LNG flow and warmer weather forecast

The Dutch and British wholesale prices of gas traded in a narrow band on Thursday morning. Market participants expect further declines due to forecasts of warmer weather and high flows of LNG.

Europe's imports of LNG are on the rise, but not to Asia's detriment: Russell

In December, Europe's LNG imports reached an 11-month record high. However, this was not at the expense Asia, who also saw higher arrivals. According to commodity analysts Kpler…

Europe's imports of LNG are on the rise, but not to Asia's detriment: Russell

In December, Europe's LNG imports reached an 11-month record high. However, this was not at the expense Asia, who also saw higher arrivals. According to commodity analysts Kpler…

Equinor's Hammerfest liquefied natural gas plant closed for a week due to compressor failure

Equinor announced on Thursday that its Hammerfest LNG facility in Arctic Northern Norway suffered an unexpected outage because of a compressor failure. The company said the plant's output was halted for a week.

US NatGas up as LNG feedgas rises, Frigid Temps Forecast

U.S. natural gas futures edged up about 1% on Thursday on near record flows to liquefied natural gas (LNG) export plants and forecasts for colder weather and higher heating…

Germany's Wilhelmshaven Terminal offers May LNG Capacity

Deutsche Energy Terminal (DET) said on Thursday that Germany's Wilhelmshaven liquefied natural gas terminal intends to market capacity for ships to discharge LNG in May 2025…

US LNG Rises 2% on LNG Plant Volume Data

U.S. natural gas futures climbed about 2% on Wednesday on rising flows to the nation's liquefied natural gas (LNG) export plants and expectations utilities pulled more gas…

Biden's DoE LNG Export Study Tepid on New Permits

The administration of U.S. President Joe Biden released a long-awaited study on the economic and environmental impacts of liquefied natural gas exports on Tuesday, saying…

DET: Germany's Wilhelmshaven Liquefied natural gas terminal will not operate in Q1

According to its operator, the government-owned Wilhelmshaven terminal in Germany, which was built to address Europe's energy shortage, will not be able to receive any LNG…

Venture Global Louisiana Plaquemines LNG Plant "on track"

U.S. liquefied natural gas (LNG) company Venture Global LNG's Plaquemines export plant under construction in Louisiana was on track to pull in enough natural gas on Friday to produce first LNG…

Woodside's North West Shelf Project Extension approved by Western Australia

Woodside Energy, Australia's largest oil and gas producer in terms of market value, announced on Thursday that the state of Western Australia had granted Woodside Energy…

OPEC+ Passes on Oil Output Increase, Weighs the "Trump Effect"

(U.S. Air National Guard photo by Tech. Sgt. Darrell Hamm)

It was likely a fairly easy decision for OPEC+ to once again delay plans to increase oil output.The soft state of global demand is by itself sufficient reason to justify…

Pakistan Pushes Qatar LNG Contract with Qatar for a Year

Copyright aerial-drone/AdobeStock

Pakistan has deferred its liquefied natural gas (LNG) contract with Qatar for a year, Petroleum Minister Musadik Malik said, adding that the country will now get LNG cargoes from Qatar in 2026 instead of 2025.A

Poten & Partners addresses Rising LNG Terminal Costs

Rising costs of building and equipping new U.S. liquefied natural gas plants will reduce the competitiveness of U.S. gas exports, LNG analysts at Poten & Partners predicted…

LNG traders divert cargoes to Asia from Europe as demand in the east increases

Analysts and shipping data indicate that three LNG cargoes bound for Europe were diverted to Asia in order to meet the stronger Asian demand, and because gas prices have decreased in Europe.

What impact Trump's tariffs on commodities and energy might have

President-elect Donald Trump on Monday pledged tariffs on the United States' three largest trading partners - Canada, Mexico and China - detailing how he will implement…

Woodside: LNG Market to Grow by 50% in Next Decade

Australia's Woodside Energy WDS.AX expects the global market for liquefied natural gas (LNG) to grow by 50% in the coming decade, its CEO said on Tuesday."Over the last decade the LNG market grew by 50%.

Eni, the Italian LNG company, is preparing a second floating LNG plant for Congo

Eni, the Italian energy company, announced on Saturday that it had launched in the shipyard of Wison Heavy Industry in Nantong in China the hull of Nguya Floating Liquefied Natural Gas facility…

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