The Dutch government is confident that the country will reach its gas storage targets before the upcoming heating season, aiming to ease market concerns on the matter. According to the Ministry of Climate Policy and Green Growth, current fuel reserve volumes meet the EU threshold levels for July.
Liquefied natural gas (LNG) imports to Asia are expected to remain low in April. Meanwhile, signs of seasonal demand weakness have started to emerge in Europe as winter peak consumption passed.
Australia's Woodside Energy has officially approved the construction of a $17.5 billion liquefied natural gas (LNG) facility in Louisiana. The facility is likely to be completed by 2029, with an annual production capacity of over 24 million tons of LNG.
US exporters of liquefied natural gas could face challenges due to surging electricity demand fueled by advancements in AI. According to Reuters, US LNG facilities may struggle to handle such an increase in demand, which could disrupt their operations and lead to higher natural gas prices.
According to ship tracking data provided by Bloomberg, the volume of liquefied natural gas (LNG) re-export back from China exceeded 280,000 tons in April.
As it was stated by Dan Jorgensen, European Commissioner for Energy, the member countries of the EU are still dependent on Russian gas. The official made the statement in a conversation with the Table.Media journalists.
An increase of the indicator value may contribute to the rise in quotes of NG.
An increase of the indicator value may contribute to the fall in quotes of NG, WTI, Brent.
According to information reported by Reuters, the US Energy Security Council is planning to hold a summit in Alaska at the beginning of June. As the US administration expects, by that time Japan and South Korea will announce their commitments to an LNG project in the northern state.
An increase of the indicator value may contribute to the fall in quotes of NG.
Upcoming elections in Australia have raised concerns in Japan about possible changes in the countries' trade relations, particularly regarding the supply of LNG. Asian companies fear losing a key exporter amid fuel shortages and soaring electricity prices, according to Reuters.
Natural gas is not just a fuel for cooking and heating. It is also a key element on the global economic stage. This page provides information on the latest market events and trends, allowing you to assess their impact on natural gas prices.
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