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LNG deal

IMF – jubilation is muted

IMF – jubilation is muted

Published 01 Sep, 2022 08:26am
After a few months' drama, the IMF is finally back. However, the confidence is not. The economic concerns in the ...
LNG charge sheet – the flipside

LNG charge sheet – the flipside

Updated 08 Sep, 2021 04:55pm
The government faces criticism for expensive spot buying of LNG. Some commentators have compared spot price ...
US natgas futures rise to 5-week high on small storage build

US natgas futures rise to 5-week high on small storage build

Published 15 Apr, 2021 08:27pm
  • The US Energy Information Administration (EIA) said US utilities added 61 billion cubic feet (bcf) of gas into storage during the week ended April 9.
  • That is lower than the 67-bcf build analysts forecast in a Reuters poll and compares with an increase of 68 bcf in the same week last year and a five-year (2016-2020) average increase of 26 bcf.
US natgas futures rise for 5th day on cooler forecasts

US natgas futures rise for 5th day on cooler forecasts

Published 13 Apr, 2021 08:19pm
  • Traders noted that even though temperatures may be lower, they were expected to remain around near-normal levels through late April.
  • Front-month gas futures rose 6.2 cents, or 2.4%, to $2.623 per million British thermal units.
Russian LNG would be competitive at $3.7-$7 per 1mn BTU

Russian LNG would be competitive at $3.7-$7 per 1mn BTU

Published 22 Mar, 2021 08:35pm
  • Russia would compete with Qatar, Australia and the United States for customers in Asia, its target market, up to 2030, and their production costs are seen at $2.8-11 and $7-10 per 1 million BTU, respectively.
  • Russia plans to increase its LNG production to nearly 140 million tonnes LNG per year by 2035 from around 31 million tonnes last year and aims to have about 20% of the global market share by then.
Towards economic outreach

Towards economic outreach

Published 17 Mar, 2021 07:40am
There have been some signals from recent developments in Pakistan when it comes to putting economy at the center of...
Repsol makes first delivery of carbon-compensated LNG

Repsol makes first delivery of carbon-compensated LNG

Published 12 Mar, 2021 07:04pm
  • Tradeable offset credits aim to balance the planet-warming effects of emissions by supporting projects such as forestation and renewable energy generation sites elsewhere in the world.
  • Repsol said it had supplied 430 cubic metres of LNG to a 150-metre long chemical tanker owned by Swedish firm Furetank Rederi at a terminal owned by system operator Enagas in southeastern Spain.
US natgas futures rise to 1-week high on colder forecasts

US natgas futures rise to 1-week high on colder forecasts

Published 03 Mar, 2021 07:58pm
  • Front-month gas futures rose 2.8 cents, or 1.0%, to $2.867 per million British thermal units.3
  • Refinitiv projected average gas demand, including exports, would drop from 112.2 bcfd this week to 105.0 bcfd next week as the weather turns seasonally milder.
Gazprom aims to supply Europe with carbon-neutral LNG

Gazprom aims to supply Europe with carbon-neutral LNG

Published 02 Mar, 2021 08:53pm
  • Carbon neutral LNG typically involves companies supporting nature-based projects that reduce emissions to offset those generated from the exploration and production of LNG.
  • I hope that in the nearest future we will supply our first fully carbon-neutral cargo of LNG to Europe.
The sweet LNG deal

The sweet LNG deal

Published 02 Mar, 2021 07:25am
Last week, Pakistan signed a long-term contract of LNG supply from Qatar at 10.2 percent of Brent, which is at...
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