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LNG continues to enhance global energy security

In its sixth consecutive year of growth, the LNG trade increased by 13% to a total of 354.7 MT.

read more... 29/04/2020

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EU gas forwards to hit fresh record lows – analysts

European gas forwards, which slumped to record lows on Friday, are set to fall further as robust piped and LNG supplies compete for market share at least until the third quarter, analysts said.

read more... 28/04/2020

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PGNiG sells first Klaipeda small-scale LNG cargoes

CRYO Shipping, a Norwegian LNG bunker fuel supplier, purchased both of the cargoes, according to a statement by PGNiG.

read more... 09/04/2020

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EU reaches record high LNG imports in 2019

The EU imported the highest ever volume of LNG in 2019 at 108 billion cubic meters (bcm), marking 27% of total gas imports and 22% of the EU's gas consumption, according to the European Commission's (EC) report on the gas market.

read more... 09/04/2020

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LNG suppliers flood market with excess spot cargoes as demand shrinks

Liquefied natural gas (LNG) suppliers are flooding the market with excess spot cargoes, generating fresh headwinds for prices, as demand dwindles globally because the coronavirus outbreak has disrupted industrial output and people’s movement.

read more... 30/03/2020

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