Lng Export

LNG traders divert cargoes from Europe to Asia as eastern demand rises

Quick change in course reflects agility of trading firms in sending LNG supplies to Europe or Asia, whichever pays, as colder weather increases competition between the two regions for the fuel

Goldman warns of likely Asia LNG price rise on European supply crunch

There will also be delays in the upcoming LNG supply projects across the Americas, so Europe and Asia will have access to less LNG next year than originally expected, analyst at Goldman Sachs said

LNG buyers flag US supply risks of purchase after Biden pauses export

'I do trust the traditional LNG suppliers more than US LNG players,' said Jane Liao, vice president at CPC, told the APPEC conference

LNG imports set to slump as monsoon hits power demand: S&P analyst

The South Asian nation bought some 2.6 million tons of the fuel last month, its highest since October 2020, according to Kpler data

Global LNG market remains in fragile equilibrium on limited supply: IGU

The pace of growth was lower than the 5.6 per cent seen in 2022, as limited supply remains the primary growth- limiting factor

India's LNG demand surge supports Asia's declining imports in June

Asia is on track to import 23.18 million metric tons of LNG in June, down a touch from May's 23.55 million

Proposed ban on Russia's LNG transports not to impact Asia: EU commissioner

European Union proposed to ban re-loading services by EU facilities for trans-shipment of Russian LNG to third countries

'Rich' to 'lean', 4 price changes: Story of India's largest gas import deal

Petronet renewing a contract to buy 7.5 million tonnes of LNG from Qatar annually from 2029 for 20 years is the largest-ever extension of super-chilled fuel in the world, and will support India's clean energy goals, officials said. The original 25-year deal was signed in 1999 and supplies started in 2004. Qatar has since then never defaulted on a single cargo and neither did it slap penalties under take-or-pay clause when the Indian firm did not take deliveries because prices were too high, top Petronet officials said. Supplies under the extended contract would start after Petronet takes deliveries of 52 cargoes it had failed to take in 2015-16 when prices had shot up sharply. While the volumes in contract have not changed, price changed four times, including the latest one when the contract extension was renegotiated. The composition of the gas promised to be delivered has also changed. RasGas, which is now QatarEnergy, had originally signed to supply 'rich' or gas containing ...

Biden administration taking heat from all sides over Louisiana LNG project

Bill McKibben, an environmentalist who led a successful fight against the now-cancelled Keystone XL oil pipeline, said any approval of CP2 by the Biden administration 'would be a huge miscalculation.'

Asian LNG importers ramp up spot purchases after prices hit 7 month low

The Electricity Generating Authority of Thailand (EGAT) is also seeking one LNG cargo for delivery in March

Bio CNG, LNG, bio bitumen, aviation fuel being made from stubble: Gadkari

Gadkari said that when he was in Punjab he had suggested the Punjab government to formulate a stubble policy to enable farmers to derive value from their stubble

China signs one of its biggest ever LNG deal with Qatar at $60 billion

Qatar Energy will send Sinopec 4 million tons of LNG a year starting in 2026, the state-controlled companies announced in a virtual ceremony on Monday

OPEC+ production cut ahead of winter puts India on a slippery slope

A higher than expected production cut by the group will add to the strain on government finances

Strong demand to drive gains for stocks of city gas distributors

GAIL has come under pressure since it is not receiving contracted liquefied natural gas (LNG) cargoes and it is being forced to buy LNG at much higher prices

Blue Energy Motors unveils India's first LNG-fuelled green truck near Pune

Firm claims the engines generate high torque and help trucks deliver best-in-class total cost of ownership and offer unmatched ride comfort and safety for long hauls

Petronet in talks with Qatar for LNG deal renewal amid turbulent markets

NEW DELHI (Reuters) - India's Petronet LNG has begun talks with Qatar to renew a multi-year gas deal despite market "turbulence", making new long-term contracts difficult as sanctions on Russian fuel have squeezed an already tightly supplied market.

Gas economy: Centre planning to change LNG pipeline pricing policy

The second of the two-part series talks about why zonal pricing may be on the way out

Singapore's AG&P to invest $1.5 bn in various projects across South India

AG&P has city gas distribution license for Kanchipuram and Ramanathapuram districts of Tamil Nadu

IEA chief says huge opportunity for US to export LNG to India, China

China, Birol said, will overtake the US as the largest oil consumer around 2030.