Global exports of liquefied natural gas in July totaled approximately 28.7 million tons on board 474 vessels, much lower than July 2019’s pace of 31.7 million tons, with a reduction of loading from the US & Pacific regions. Approximately 27.6
The latest developments in international relations between Australia and China could result in a case of “what goes around comes around”, as Australia’s recent finger-wagging could return to haunt it. Australia hopped onto the world stage when it demanded an
Global exports of liquefied natural gas in June totaled approximately 28.2 million tons on board 472 vessels, much lower than June 2019’s pace of 29.3 million tons. Approximately 27.6 million tons arrived on 447 vessels at import terminals in June,
Tension between the United States and China has ratcheted up in recent weeks amid increasingly hostile rhetoric. The global spread of the coronavirus has further hurt relations between Beijing and Washington, stoking the possibility of a new trade war amid
LNG Market Analysis Global exports of liquefied natural gas in May totaled approximately 23.4 million tons on board 481 vessels, much lower than May 2019’s pace of 30.7 million tons. Approximately 29.7 million tons arrived on 488 vessels at import
LNG Market Analysis Global exports of liquefied natural gas in April totaled approximately 31.5 million tons on board 511 vessels, higher than April 2019’s pace of 30.3 million tons. Approximately 29.8 million tons arrived on 479 vessels at import terminals
LNG Market Analysis Global exports of liquefied natural gas in March totaled approximately 30.4 million tons on board 524 vessels, slightly lower than March 2019’s pace of 30.8 million tons. Approximately 32.7 million tons arrived on 519 vessels at import
Despite OPEC+ likely to agree to a substantial new production cut tomorrow, oil prices have followed equity markets lower on ongoing coronavirus fears, with Brent down 2.2% to $49.99/bbl, while WTI dropped 1.9% to $45.90/bbl.
Asian LNG spot prices remain stable, with higher bids heard in the market while demand sentiments still subdued fueled by news of CNPC declaring force majeure. Northeast Asian terminals received 64 vessels, up from 61 last week. Next week’s outlook
Reflecting the introduction of liquid natural gas (LNG) for power generation in late 2018, Japanese utility Hokuriku Electric Power Company is expected to cut fuel oil and crude oil consumption by more than 85% in fiscal year of 2019, which
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