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US LNG output appears to be at full capacity as European prices keep surging | Hellenic Shipping News Worldwide

US LNG feedgas demand registered Dec. 21 at around 13 Bcf/d – a new record — as the six major US liquefaction facilities in operation appeared to be running at full capacity and a seventh was undergoing commissioning, S&P Global Platts Analytics data showed. Ultra-high delivered prices in end-user markets were incentivizing robust US export ...
United States Sabine Pass Calcasieu Pass Corpus Christi Cheniere Energy Northwest Europe

Russian crude oil output expected to rise in 2022 despite demand concerns | Hellenic Shipping News Worldwide

Russian oil output is expected to rise in 2022, although factors including the coronavirus pandemic and the release of strategic petroleum reserves, could lead OPEC+ to amend its production plans, according to analysts. Analysts expect the OPEC+ agreement to continue to be the key driver of Russian output volumes, with potential changes to Western economic ...
Kaluzhskaya Oblast Paul Sheldon Marina Mosoyan International Energy Agency Analytics Paul Sheldon Platts Analytics

China's largest LNG importer to buy supplies from US developer Venture Global | Hellenic Shipping News Worldwide

An affiliate of China’s largest LNG importer, CNOOC, has agreed to buy 3.5 million mt/year of supplies from US liquefaction terminal developer Venture Global LNG, the two companies said Dec. 20. Under one 20-year deal, CNOOC Gas & Power Group will take 2 million mt/year of LNG on a free-on-board basis from Venture Global’s proposed ...
United States Calcasieu Pass New Orleans China National Offshore Oil Corp Foran Energy Cheniere Energy

Amid China vacuum, Australian coal finds new homes in India, Japan | Hellenic Shipping News Worldwide

For Australian coal, which has faced restrictions in the Chinese market since late 2020, new windows of opportunities have opened up. Many other Asian markets – such as India, Japan, South Korea and Taiwan – have witnessed sharp rises in Australian coal inflows. China imposed the unofficial ban on Australian coal in November 2020 after ...
South Africa South Korea South Korean South African Vasudev Pamnani Matthew Boyle

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CASDE sees record China soybean imports in 2021-22, cut in domestic output | Hellenic Shipping News Worldwide

China’s soybean demand in marketing year 2021-22 (October-September) is expected to remain robust as the domestic production forecast was lowered, the monthly China Agriculture Supply and Demand Estimates report released by the National Bureau of Statistics said Dec. 9. The forecast for record soybean imports and cuts in domestic production in China is likely to ...
National Bureau Of Statistics China Agriculture Supply Demand Estimates National Bureau Platts Analytics

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