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2 mins read
India to sign $78 billion deal to extend Qatar LNG imports
India is likely to sign a USD 78 billion deal to extend LNG imports from Qatar by another 20 years …
PTI
2 mins read
The US has become the world's top LNG exporter as it funnels supply to European consumers at the mercy of Russia
According to the Energy Information Administration, 71% of US LNG exports went to the EU and UK as …
Zahra Tayeb
1 min read
Russia's natural gas cuts have sparked LNG hoarding that could drive up prices further and worsen shortages
Japan and South Korea are moving up LNG purchases on fears that Europe will also hoard supplies, tr…
Brian Evans
2 mins read
EU ramps up Russian LNG purchases by 50% this year as Moscow cuts off natural gas pipeline supplies
Imports of Russian LNG totaled 15 billion cubic meters through September, up 50% from last year.
Jennifer Sor
2 mins read
Leading gas importer Japan says LNG is sold out until 2026, as energy-squeezed countries battle over dwindling supplies
"The LNG procurement environment has changed completely. Procurement can also be said to be in a st…
Zahra Tayeb
1 min read
The European Union has spent $13 billion on Russian LNG this year - 5 times more than in 2021
Europe spent $13 billion on LNG from Russia from January to September of this year, which is five t…
Brian Evans
1 min read
China is benefitting from LNG sales to Europe as some traders resell non-Russian cargoes at high prices while restocking with cheap Russian fuel
China managed to get a 50% discount on some LNG supply from the Sakhalin 2 export plant at the far …
Huileng Tan
1 min read
Petronet LNG shares advance over 4% on cut in custom duty
The shares of the company opened at Rs 376.95 and touched a high and low of Rs 389.75 and Rs 371.10…
Here’s how soaring LNG prices will drive up India’s `1 lk cr fertiliser subsidy
Do you know, as gas prices increased in the United States in the last one year, Indian govt continu…
1 min read
Australian LNG exporter ships a rare cargo to Europe as buyers rush to secure alternatives to Russian supplies
Australia's Woodside Energy has delivered an LNG cargo to German utility Uniper as European buyers …
Zahra Tayeb
1 min read
Qatar’s RasGas waives off $1 billion penalty on India’s Petronet LNG
Not only this, Qatar has also in-principle agreed to change the pricing formula from a 60-month ave…
3 mins read
IOC, GAIL to pay Adani 5% more charge than their own LNG terminal: Pradhan
New Delhi, Nov 18 () State-owned Indian Oil Corp (IOC) and GAIL India will pay Adani Group 5 per ce…
PTI
1 min read
India just purchased its most expensive LNG cargo in history as it scrambles to replace canceled Russian gas deliveries
India is scrambling to replace canceled Russian gas deliveries, causing one gas company to pay for …
Jennifer Sor
2 mins read
Russia's liquefied natural gas exports are near a record high, as the realities of a harsh winter eat away at countries' promises to curb their dependence on Moscow
In the first nine months of 2022, LNG shipments from Russia to the EU rose by 46% to about about 16…
Huileng Tan
2 mins read
Ships are circling off southwestern Spain as they wait to offload liquefied natural gas, and it shows the next complication in Europe's natural-gas crisis
Europe has already imported about 192 million cubic meters of LNG so far in 2022 — 25% more t…
Huileng Tan
2 mins read
Europe is turning to floating LNG terminals as it scrambles to solve its natural gas crisis
Offshore LNG units are headed to Finland and Italy in 2022, among the 25 due to arrive in Europe in…
George Glover
2 mins read
Gas prices could be driven higher as European and Asian suppliers race to charter LNG tankers
The race to charter LNG tankers is bad news for anyone hoping for relief on natural gas prices.