News & Analysis - Natural Gas World
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US LNG export study sees higher economic, environmental costs
Dec 17, 2024 · US LNG export study sees higher economic, environmental costs. The US Department of Energy (DoE) released its long-awaited review of LNG exports on December 17 in which it highlights higher costs to all gas users and increasing emissions if US LNG exports are allowed to grow.
Harbour Energy makes gas discovery in Norwegian Sea
Dec 10, 2024 · Harbour Energy makes gas discovery in Norwegian Sea. COPENHAGEN, Dec 10 (Reuters) - Britan's Harbour Energy has made a gas discovery in the Norwegian Sea, some 270 kilometres north of Kristiansund off the coast of western Norway, the country's offshore directorate said on Tuesday.Preliminary estimates indicated a gas find of 17-39 million barrels of oil equivalent (boe) in the Sabina prospect ...
Trump wants EU to buy more US oil and gas or face tariffs
Dec 20, 2024 · Trump wants EU to buy more US oil and gas or face tariffs. Dec 20 (Reuters) - U.S. President-elect Donald Trump said on Friday that the European Union may face tariffs if the bloc does not cut its growing deficit with the United States by making large oil and gas trades with the world's largest economy. The EU is already buying the lion's share of U.S. oil and gas exports, according to U.S ...
Germany passes waiver of gas storage fee outside the country …
Dec 20, 2024 · Germany passes waiver of gas storage fee outside the country from Jan 1, 2025. Dec 20 (Reuters) - Germany's lower house of parliament on Friday passed a change to energy law entailing a waiver from Jan. 1, 2025, of a domestic market gas storage fee on border points and virtual trading hubs, thus freeing foreign consumers of a costly price element.The law change, driven by non-compatibility of ...
Gazprom supplies first LNG to Italy, LSEG data shows
Dec 18, 2024 · Gazprom supplies first LNG to Italy, LSEG data shows. MOSCOW, Dec 18 (Reuters) - Russian energy giant Gazprom has delivered its first cargo of liquefied natural gas (LNG) to Italy from LNG Portovaya plant on the Baltic Sea, LSEG data showed on Wednesday.Gazprom's pipeline gas supplies to Italy plummeted since 2022 after the military conflict in Ukraine, while sea-borne LNG supplies have been ...
US LNG exports primed to jump as price arb to Europe opens …
Nov 21, 2024 · US LNG exports primed to jump as price arb to Europe opens wide: Maguire. LITTLETON, Colorado, Nov 21 (Reuters) - United States exports of LNG to Europe are set to jump in the coming weeks after the price spread between domestic natural gas and Europe's main gas pricing hub hit one-year highs.The price differential between U.S. Henry Hub natural gas futures NGc1 - the U.S. gas price benchmark ...
EIA sees higher natural gas prices, LNG exports in 2025
Dec 10, 2024 · EIA sees higher natural gas prices, LNG exports in 2025. US natural gas prices are expected to average about $3.00/mn Btu for the remainder of the 2024-2025 winter and just under that mark for all of 2025, the Energy Information Administration (EIA) says in its latest Short Term Energy Outlook (STEO) released December 10.. At the same time, LNG exports, which have remained flat at around 12bn ...
Global gas group warns of rising demand, looming shortage
Aug 27, 2024 · Global gas group warns of rising demand, looming shortage. The International Gas Union (IGU), which represents more than 150 members in over 80 countries covering more than 90% of the global gas market, said August 27 rising demand and underinvestment could lead to a 22% global supply shortfall by 2030.
US LNG exports to Europe surge in November on higher prices
Dec 2, 2024 · European natural gas prices averaged $12.90 per mmbtu in November, more than a dollar higher than $11.79 in October and higher than $12.32 in September, with the benchmark front-month contract at the Dutch TTF hub reaching 49.03 euros per megawatt hour on Nov. 22, equivalent to $14.97 per million British thermal units (mmBtu).