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LNG imports jump
LNG imports jump as Europe draws cargoes from Asia
The world's imports of liquefied natural gas are set to jump to the highest in a year in January as Europe's winter demand draws cargoes away from top-consuming region Asia.
Europe says it wants to ditch Russian LNG — so why did imports hit a record high last year?
Russia exported a record volume of liquefied natural gas (LNG), according to calculations by RBC based on data from the analytics firm Kpler. The country shipped 33.6 million tons abroad last year, an increase of four percent from 2023 and two percent more than in 2022,
German demand soars for Russian LNG via European ports
Energy ministers from Belgium, France and Spain, whose ports receive shipments from Russian LNG tankers, have insisted that very little of the gas arriving is used domestically and that most is piped on to other EU countries. In November, Germany ordered its state-operated import terminals to reject any Russian LNG cargoes.
European LNG demand surges as Russian supplies dwindle
Tankers carrying liquefied natural gas (LNG) are increasingly changing course in the Atlantic and heading to European ports. This shift results from growing gas demand in Europe, triggered by the loss of Russian pipeline supplies through Ukraine and cooler weather,
EU won't ban Russian LNG until it secures alternatives, diplomats say
The European Commission did not propose a ban on Russian liquefied natural gas in its latest package of sanctions because member states raised concerns about first securing alternatives including from the United States,
EU lets Russian LNG slip in new sanctions package
Separate from LNG, the sanctions package will propose penalties on more aging oil-exporting tankers operating as part of Russia’s so-called shadow fleet, the diplomats added. The EU will target 74 new vessels, two other EU diplomats said.
LNG tankers reroute to Europe amid soaring demand and profits
Tankers carrying liquefied natural gas (LNG) are increasingly changing course in the Atlantic, heading to European ports. This shift is due to the growing demand for gas in Europe, prompted by the loss of Russian pipeline supplies through Ukraine and cooler weather,
EU Sanctions Debate: Russian LNG's Uncertain Future
The European Commission refrained from proposing a ban on Russian liquefied natural gas in its latest sanctions package as EU member states expressed concerns over securing alternative energy sources.
Germany ramps up Russian LNG imports via EU ports, report says
Germany's imports of Russian liquified natural gas (LNG) via other EU countries continue to rise despite restrictions on direct shipments, the Financial Times wrote on Jan. 28, citing a report by Belgian,
Europe, Gas Prices
Europe Faces a Natural Gas Supply Challenge This Year
Europe may see a shortfall of LNG, which is becoming apparent after Ukraine ceased a transit agreement on January 1, 2025, for Russian natural gas via pipelines that serviced Germany and other nations. Europe will require an additional 10 percent more LNG than in 2024, meaning higher prices for consumers and industries.
European Gas Prices Rise Amid Lower Inventories, Supply Uncertainties
European natural-gas prices rise 3% in midday trade, with the benchmark Dutch TTF contract at 49.67 euros a megawatt hour amid fast-depleting inventories and supply uncertainties. EU storage was 55.5% full as of Monday,
Nat-Gas Prices Rebound on European Gas Strength
Feb nat-gas prices Wednesday rebounded from a 1-month low and settled moderately higher. Short covering emerged in nat-gas futures Wednesday after European gas prices soared to a 15-month high. Nat-gas prices Wednesday initially fell to a 1-month low on the outlook for
7d
LNG tankers change course to Europe as gas storage levels drop
Europe is increasingly reliant on its ability to attract LNG following the loss of Russian gas through Ukraine, as it ...
Crude Oil Prices
6d
Trump Promises There Will Be LNG for Europe
Trump has pledged to ensure Europe’s LNG needs are met, even if it impacts domestic prices, while urging increased EU ...
12h
on MSN
Europe’s Gas Price Hits 15-Month High
European natural-gas prices rose, as colder weather forecasts and supply disruptions raise market concerns.
22h
on MSN
Germany's private LNG terminal fears state operator may undercut it
Private German liquefied natural gas (LNG) terminal operator Deutsche ReGas says the potentially lower prices offered by state-owned Deutsche Energy Terminal to attract buyers are a threat to its ...
Crude Oil Prices
1d
The DoE’s LNG Export Study Is In And The Results Are Shocking
The Department of Energy has concluded, perhaps somewhat surprisingly, that a boost in U.S. exports of liquefied natural gas ...
Zawya
3d
European demand to tighten global LNG market in 2025, Trump policies in spotlight
Europe's LNG demand is forecast to grow by more than 14 million metric tons to 101 million tons in 2025, consultancy Energy ...
3d
on MSN
Rise in US LNG production expected to benefit India: Petronet CEO
European gas reserves are some 17 billion cubic metres (bcm) lower than at the same time in 2024, according to ICIS analyst ...
gasworld
6d
A new era for LNG under Trump – but at what cost?
Trump’s aggressive push for LNG may indeed unlock a new era of US energy dominance, but it comes at a steep cost. By ...
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