Thursday, December 19, 2024
October U.S. LNG cargo cancellations to be lowest in months: traders- oil and gas

October U.S. LNG cargo cancellations to be lowest in months: traders

Reuters SINGAPORE – Buyers are expected to cancel up to 10 liquefied natural gas cargoes (LNG) for October loading from the United States, the lowest number in months as prices in Asia and Europe recover, several trade sources said on Friday. The exact number of cancellations was not immediately clear but several trade sources estimated a range of three to

Weekly Gas Storage: Inventories increase by 76 Bcf- oil and gas 360

U.S. liquefied natural gas exports have declined by more than half so far in 2020

EIA Daily natural gas deliveries to U.S. facilities that produce liquefied natural gas (LNG) for export were a record 9.8 billion cubic feet per day (Bcf/d) in late March 2020, but deliveries fell to less than 4.0 Bcf/d in June, according to data by IHS Markit. A mild winter and COVID-19 mitigation efforts have led to declining global natural gas

Oryx Midstream Lands $550 Million from Qatar Investment Authority - Oil & Gas 360

Qatar May be Losing the Top Spot as World’s Biggest LNG Exporter

From CNBC Qatar will lose its title as the world’s largest exporter of liquefied natural gas (LNG) within the next year, as Australia ramps up production on a slew of multi-billion dollar export projects. “Australia and Qatar continued to jostle for the title of the world’s largest LNG exporter over the first five months of 2019,” the Australian government said

Russia May Be Testing U.S. Gas Nerve with Europe Push: Citi

Japan LNG Buyers Talk Tough as Spot Prices Drop to 3-Year Lows

From Reuters An inexorable decline in spot market prices for liquefied natural gas (LNG) is pushing utilities in Japan to be more aggressive in price reviews built into traditional long-term contracts linked to oil prices, lawyers and analysts said. The utilities are also looking to buy more LNG on the spot market, where prices LNG-AS are plumbing three-year lows and