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Page 9 - தேசிய சமநிலைப்படுத்துதல் பாயஂட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Fog Disrupts Gulf Coast LNG Traffic - The Offtake - Natural Gas Intelligence

A roundup of news and commentary from NGI’s LNG Insight Fog disrupted operations at ports along the Gulf Coast Tuesday, limiting traffic at some LNG terminals. Pilot service was suspended on the Sabine-Neches Waterway and the Calcasieu Ship Channel (CSC), according to Moran Shipping. Service resumed later in the day on the CSC.  Feed gas volumes to U.S. terminals dipped Tuesday to 10.56 Bcf from 11.28 Bcf on Monday. Fog is expected to persist along parts of the Gulf Coast through Thursday.  Prompt European natural gas prices fell Monday, giving up strong gains since early last week as colder weather has settled in. Both the National Balancing Point and Title Transfer Facility benchmarks declined. Warmer weather is expected beyond the latest cold snap and a record rise in carbon prices slowed.  

Global Natural Gas Prices Normalize, but Demand Remains Strong - LNG Recap

Global natural gas prices continued to normalize last week as forecasts warmed and more supplies became available.  The Japan Korea Marker spot price fell below $9.00 to finish at $8.90/MMBtu after it shot above $30 to reach an all-time high earlier this month. Meanwhile, prompt European natural gas prices were steady, moving sideways throughout most of the week until Friday when they made strong gains on colder temperatures and lower wind power generation. The outlook was seen weakening Monday.  “The panic hitting liquefied natural gas (LNG) markets seems to be alleviating with improving supply availability and the restart of competing fuels for power generation,” data intelligence firm Kpler said in a note to clients on Friday. “This additional supply is weakening price sentiment for March delivery.”

Winter Weather, Supply Shortage Still Upending Global Natural Gas Market - LNG Recap

Snow and bitter cold from Europe to North Asia, which has pushed liquefied natural gas (LNG) and electricity prices to record-setting highs, hasn’t eased as the rally stretches into another week. Winter weather has combined with supply outages and shipping constraints in recent weeks to create a historic stretch for the global gas market. Temperatures in China hit their lowest in decades, while snow has plagued Japan, where electricity prices skyrocketed.  Spot LNG prices in Asia hit $21.45/MMBtu on Friday, up from lows of less than $3.00 only nine months ago. On Monday, Asian prices were assessed above $28.00, and one bid from

Spanish Natural Gas Prices Hit Record as Competition for LNG Cargoes Heats Up

Spanish Natural Gas Prices Hit Record as Competition for LNG Cargoes Heats Up Global natural gas prices continued a relentless move higher on Friday, as spot prices in Spain shattered records and all-time highs in the northern Asia market showed no signs of slowing amid a cold snap and supply crunch supporting the bullish run.  In Spain, a major gas-consuming country that hosts more liquefied natural gas (LNG) import terminals than anywhere else in Europe,  Punto Virtual de Balance (PVB) spot prices hit an all-time record of $18.71/MMBtu this week. The Spanish benchmark is trading near the Japan Korea Marker (JKM) spot price, which has shot through the roof over the last week as below normal temperatures in China, Japan and South Korea left buyers in need of prompt cargoes. 

Liquefied Natural Gas (LNG) Market Size, Share 2021 Analysis by Manufacturers, Regions, Type and Application to 2026

Liquefied Natural Gas (LNG) Market Size, Share 2021 Analysis by Manufacturers, Regions, Type and Application to 2026
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