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U.S. Liquefied Natural Gas Exports Rise 16%, to New Record

admin — Sun, 10 Apr 2022 14:22:04 +0000

U.S. liquefied natural gas (LNG) exports rose nearly 16% last month to a record high, according to preliminary Refinitiv data, with shipments to Europe continuing to dominate.

U.S. LNG is in high demand as European countries try to cut gas imports from Russia following its invasion of Ukraine while also looking to rebuild low inventories.

U.S. LNG exports to all destinations were about 7.43 million tonnes (MT) last month, according to Refinitiv, up from 6.4 MT in February and topping the prior record of 7.25 MT in January.

U.S. Liquefied Natural Gas Exports Rise 16%, to New Record | Devamı>>>

U.S. LNG Exports in First Half Up 42 % From a Year Ago

admin — Sun, 15 Aug 2021 15:17:24 +0000

U.S. liquefied natural gas (LNG) exports accelerated in the first half of 2021, as colder weather drove LNG spot prices in Asia and Europe higher, the U.S Energy Information Administration (EIA) said in a report on Tuesday.

The Agency said exports averaged 9.6 billion cubic feet per day (bcf/d) in the first six months of the year, up 42% from the same period a year ago.

The price difference between the U.S.

U.S. LNG Exports in First Half Up 42 % From a Year Ago | Devamı>>>

Shares of U.S. LNG Firms Tumble as China Demand Slumps

admin — Tue, 18 Feb 2020 10:37:45 +0000

Shares of U.S. liquefied natural gas companies tumbled on Thursday as China’s biggest importer of the fuel suspended some purchases amid weaker demand and a global glut that has driven prices to record lows.

China is the world’s second-largest LNG importer but its spot purchases have nearly ground to a halt as the economic effects of business closings due to the spread of the coronavirus, as well as lower heating demand from a relatively warm winter.

Shares of U.S. LNG Firms Tumble as China Demand Slumps | Devamı>>>

The Week in Energy: A Look a Head to 2019

admin — Thu, 17 Jan 2019 09:38:59 +0000

1) Global coal demand will remain stable

World coal consumption has never been higher than it was in 2013-14, but it seems that that level was a plateau rather than a peak. After declining over 2014-16, global coal demand started to pick up in 2017, and rose again last year. From now until at least 2023, the International Energy Agency has predicted, it will remain roughly stable, rising or falling only slightly each year.

The Week in Energy: A Look a Head to 2019 | Devamı>>>