Lng – Page 4

Global Industry: Major LNG Buyers’ Uncontracted Demand to Quadruple

Posted on January 22, 2019January 22, 2019 by Mozambique Resources Post

Energy consultants Wood Mackenzie’s latest research reveals that uncontracted demand, by the world’s seven largest LNG buyers, could quadruple from 20 million metric tons today to 80 by 2030.

Africa Oil & Gas: Ten developments that will shape Africa’s energy sector in 2019

Posted on January 21, 2019January 21, 2019 by Mozambique Resources Post

After a year of rebound and recovery, Africa’s old and new hydrocarbons markets have an opportunity to further entrench the continent’s position as the world’s hottest oil and gas frontier in 2019.

Global Markets: LNG imports into Northeast Asia climb to record high in December

Posted on December 28, 2018December 28, 2018 by Mozambique Resources Post

LNG imports into China, Japan, South Korea and Taiwan, have climbed to 20.5 million tonnes so far in December, 5 percent higher than the previous monthly record of 19.5 million tonnes back in January.

Global Markets: LNG Shipping on Track to Stay Strong in 2019

Posted on December 26, 2018December 26, 2018 by Mozambique Resources Post

The liquefied natural gas (LNG) freight market has enjoyed strong growth over the past 12 months, a London-based market observer with Braemar ACM Shipbroking told Rigzone.

Global Markets: China’s November LNG imports hit record high

Posted on December 26, 2018December 26, 2018 by Mozambique Resources Post

China, the world’s second-largest importer of LNG, is continuing to boost its imports of the chilled fuel and has reached a new record high as it is pursuing its strategy for cleaner air.

Global Markets: China‘s hunger for LNG confounds all forecasts

Posted on December 21, 2018December 21, 2018 by Mozambique Resources Post

The growth in China’s LNG imports is fundamentally driven by the government. The prospects for the LNG market have changed dramatically in the last two years as China has more than doubled its LNG imports, confounding all expectations, according to the Petroleum Economist.

Global Markets: Major LNG Shortage Increasingly Likely

Posted on December 21, 2018December 21, 2018 by Mozambique Resources Post

Liquefied natural gas (LNG) buyers’ willingness to commit to new long-term contracts has increased significantly during 2018 amid expectations of a tighter LNG market. Looking ahead to 2025, Rystad Energy argues a major shortage of liquefied natural gas is looking increasingly likely.

Global Markets: South Korea’s 2018 LNG imports to hit record high over 42 mt

Posted on December 20, 2018December 20, 2018 by Mozambique Resources Post

South Korea‘s imports of liquefied natural gas (LNG) are set to reach an all-time high over 42 million tonnes in 2018 thanks to robust power generation demand, but next year’s shipments are likely to ebb on increased coal and nuclear power.

Mozambique Oil & Gas: Country aims to take spot among global LNG leaders

Posted on December 20, 2018December 20, 2018 by Mozambique Resources Post

Mozambique’s first liquefied natural gas export project is under construction, two much larger developments are targeting final investment decisions in 2019, and the impoverished African nation of 30 million people could go from zero to the sixth-largest LNG producer in the world by the mid-2020s.

Global Industry: Upstream Firms Positioned to Thrive

Posted on December 18, 2018December 18, 2018 by Mozambique Resources Post

Upstream companies are positioned to thrive in 2019, according to Wood Mackenzie (WoodMac), which said in a release published Monday that the sector enters the new year “prepared to capitalize and build”.

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