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HomeLNG

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Green Hydrogen
LNG

Green hydrogen seen competing with LNG within a decade

October 18, 2022 Mariel Alumit

The cost of clean hydrogen will fall to that of liquefied natural gas in a decade as global efforts to replace fossil fuels accelerate, according to Europe’s biggest operator of gas infrastructure. “Green hydrogen today […]

China
Exports

China To Stop Reselling LNG To Europe

October 17, 2022 Mariel Alumit

Chinese state-owned energy giants have been recently told by authorities to stop reselling liquefied natural gas. In recent months, Chinese LNG importers have been selling their excess inventories to Europe. Europe’s LNG supply could dwindle […]

US
Exports

US breaks record for EU gas supplies Reuters

October 10, 2022 Mariel Alumit

For the first time, America is supplying more natural gas to the bloc than Russia, but the cost is 10 times higher The United States ramped up its supply of liquefied natural gas to Europe […]

Europe
Climate Crisis

Column: Europe’s mammoth LNG import bill may drain energy transition coffers

October 10, 2022 Mariel Alumit

LITTLETON, Colo., Oct 6 (Reuters) – Europe’s liquefied natural gas (LNG) imports are on track to hit a record in 2022, with inbound volumes through the end of September already 16.5% above 2021’s full-year total […]

LNG
International News

Höegh LNG’s FSRU Independence to change owner

October 7, 2022 Mariel Alumit

Lithuanian liquefied natural gas (LNG) terminal operator Klaipedos Nafta (KN) has exercised its option to acquire the floating storage regasification unit (FSRU) Independence from Norway’s floating terminal projects company Höegh LNG. The transfer of ownership […]

Europe
Exports

Cheap US gas is a thing of the past for energy-starved Europe as inflation pushes up costs, Texas energy boss says

October 6, 2022 Mariel Alumit

Cheap US natural gas shipments to Europe are a thing of the past, Texas-based Tellurian’s cofounder said. Inflation means suppliers are looking at paying twice as much to ship LNG, Charif Souki said Tuesday. The […]

LNG
Exports

Importance of new gas supply to Australian economy underscored by upgrade for LNG exports

October 5, 2022 Mariel Alumit

A new record forecast for LNG exports shows the importance of bringing on new gas supply to Australia’s economy, with strong international demand for its resources helping governments fund public services and infrastructure while underpinning […]

LNG
LNG

LNG shipping rates ‘shooting for the stars’ at $500,000 per day

October 5, 2022 Mariel Alumit

On Sept. 26, Pareto analyst Eirik Haavaldsen predicted that liquefied natural gas shipping rates could top $1 million per day in the fourth quarter. At least some deals are already halfway there, according to a […]

German
International News

Germany Secures 1 Tanker of Gas During Scholz Gulf Tour

September 30, 2022 Mariel Alumit

German Chancellor Olaf Scholz secured just one shipment of liquefied natural gas from the United Arab Emirates, with a non-binding agreement for more, as Europe’s biggest economy struggles to replace Russian supplies. The cargo — […]

North American LNG
Exports

North American LNG Projects Confront Cost Challenges

September 29, 2022 Mariel Alumit

North American LNG project developers are grappling with higher construction and lending costs, which could lead to prolonged commercial negotiations and delayed final investment decisions (FIDs). About 50 million tons per year of new LNG supplies from […]

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