Natural Gas World - Natural Gas & LNG News & Analysis
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Interview: Petronas urges vigilance to avoid energy security risks ...
Dec 10, 2024 · Though more LNG supply should come on stream in the late 2020s, Petronas is confident of continued growth in gas demand, and urges investors and policymakers to be vigilant to ensure energy security and supply, the company's senior vice president for LNG assets, Abang Yusuf Abang Puteh, tells NGW. [image shows Kasawari gas platform off …
News & Analysis - Natural Gas World
Jan 3, 2025 · Natural Gas news, LNG news, Hydrogen news, Market news & analysis. Essential insight for you and your business from the leading platform on natural gas matters.
EU Commission sets 50% gas storage target for February 2025, …
Nov 29, 2024 · EU Commission sets 50% gas storage target for February 2025, document shows. LONDON, Nov 29 (Reuters) - Europe has set in a draft document a target for its gas stores to be 50% full by Feb. 1, 2025, the European Commission said on Friday, to ensure security of supply amid forecasts of a cold winter and concerns over Russian gas disruption.The target has been set to make sure the bloc's gas ...
New Fortress Energy sends first Altamira LNG cargo to Europe
Sep 30, 2024 · New Fortress Energy sends first Altamira LNG cargo to Europe. New Fortress Energy (NFE) said September 30 it had loaded the first full cargo from its offshore Altamira, Mexico Fast LNG facility onto the Energeos Princess, which has set sail for Europe. “This is a significant milestone for our Fast LNG installation,” NFE CEO Wes Edens said.
US LNG exports primed to jump as price arb to Europe opens …
Nov 21, 2024 · US LNG exports primed to jump as price arb to Europe opens wide: Maguire. LITTLETON, Colorado, Nov 21 (Reuters) - United States exports of LNG to Europe are set to jump in the coming weeks after the price spread between domestic natural gas and Europe's main gas pricing hub hit one-year highs.The price differential between U.S. Henry Hub natural gas futures NGc1 - the U.S. gas price benchmark ...
IEA forecasts tight supply and record gas demand in 2025
Oct 3, 2024 · IEA forecasts tight supply and record gas demand in 2025. OSLO, Oct 3 (Reuters) - World gas demand will reach an all-time high in 2025 driven by growth in Asia, but delays to new liquefied natural gas (LNG) production will curb supply, the International Energy Agency (IEA) said on Thursday.WHY IT'S IMPORTANT
France: Europe’s largest LNG importer [Global Gas Perspectives]
Nov 26, 2024 · France has emerged as the fifth largest LNG market in the world, even if the country’s gas consumption has peaked. LNG demand is likely to decline, but may prove sticky as French imports provide flexibility both nationally and for Europe’s wider energy security.
Pakistan defers LNG contract with Qatar for a year, petroleum …
Dec 4, 2024 · Annual power use in Pakistan, which gets over a third of its electricity from natural gas, has fallen 8-10% year-on-year over the past three quarters, its power minister told Reuters in November, primarily due to higher tariffs curbing household consumption.. The South Asian nation has deferred five LNG cargoes from Qatar and is negotiating to defer five more with other markets, Malik told ...
Canada’s Enbridge sanctions gas, oil pipelines for BP
Oct 3, 2024 · Canada’s Enbridge sanctions gas, oil pipelines for BP. Canadian energy infrastructure developer Enbridge said October 3 it had sanctioned US$700mn (C$947mn) worth of natural gas and crude oil pipelines to support BP’s recently sanctioned Kaskida project in the US Gulf of Mexico.