Analysis: Gas
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Demand for gas is rising in the U.S., largely due to data centres and LNG exports. But with cheap acreage exhausted, gas prices will need to rise in the years to come
The European Commission (EC) has come under fire for trying to weaken the EU’s Emissions Trading System (EU ETS) following pressure from heavy industry and some Member States alike. Yet the jury is still out on how far the proposed changes really go and what the final outcome will be when EU legislators try to hammer out a final deal this autumn and winter.
An unpublished EC document explores direct public support for LNG projects overseas. But critics warn that doubling down on costly LNG imports might be a drag on the European economy and increase security vulnerabilities.
A new report says LNG price hikes in 2022 are a major reason for South Korea’s energy sector woes.
At an energy conference in Vancouver, industry leaders agonised over the slow progress in building Canadian LNG export terminals.
At an energy conference in Vancouver, a Woodfibre LNG official said construction has advanced on the controversial gas project in British Columbia.
Petrobangla has begun receiving bids from international oil companies keen to explore for hydrocarbons in Bangladesh’s 24 offshore blocks in the Bay of Bengal.
Oman LNG has made headlines in recent weeks with a string of new LNG contracts, but more are still expected, a manager at the firm told Gas Outlook in an exclusive interview.
Omani energy firm OQ is keen to develop more downstream gas projects, its chief executive of upstream told Gas Outlook.
State-run QatarEnergy has announced a third LNG expansion plan, but Qatar has yet to tackle emerging risks including regulation on methane emissions.
Japanese utilities are increasingly focused on marketing and reselling LNG overseas, new research shows, creating more competition in the global LNG market.
Last year’s COP28 provided an important framework for discussing a new energy systems order where fossil fuels would be less central, one analyst said.
An announcement this week at the Arpel-Naturgas conference in Cartagena suggests that the administration of Colombian President Gustavo Petro is putting more emphasis on Venezuelan gas than domestic alternatives.
Beijing’s actions in the South China Sea could derail Vietnam’s national energy plan, which aims to more than double electricity generation capacity.
Several natural gas projects are under development in South Africa as the country seeks to ease energy shortages and reduce its dependence on coal, but there are calls for more renewables to be added to the energy mix.
A major buildout of LNG export terminals on Canada’s Pacific Coast rests on assumptions of long-term demand growth in Asia. But those forecasts are highly uncertain, two different reports warn.