LNG market and its challenges — I
Since the beginning of the last few decades, LNG has become an extremely popular source of energy and many countries irrespective of their economic prosperity, they all have been converting…
Asia oil and LNG markets are both swamped
Asian markets for liquefied natural gas (LNG) and oil are closely related, and both now awash in oversupply. But while data shows forward oil prices rising, LNG prices for future…
LNG market & its challenges—II
Last summer, Pakistan (PSO) paid an exorbitant price of ~$20.06 per MMBtu, for a 138,000 MT of LNG cargo that was 29% higher against the Brent’s benchmark of that time.…
LNG market and its challenges — I
Since the beginning of the last few decades, LNG has become an extremely popular source of energy and many countries irrespective of their economic prosperity, they all have been converting…
As gas: reserves wane, Philippines faces rising costs in switch to LNG
With just four years before the Philippines’ only gas field is set to run dry, the country has started importing liquefied natural gas (LNG), creating a fresh headache for a…
LNG imports test EU resolve to quit Russian fossil fuel
Political pressure is building within the European Union to tackle the daunting challenge of closing a loophole in its efforts to stop using Russian fossil fuels: liquefied natural gas (LNG).…
Global natural gas crisis dampens momentum for ‘cleaner’ LNG
Europe’s energy crisis has cooled efforts to lower the carbon intensity of liquefied natural gas (LNG) shipments, as buyers worried about a winter supply crunch prioritize securing shipments of any…
Competitive power market – II
Nepra (National Electric Power Regulatory Authority) plans to revisit its determination and a reasonable mid-way solution can be found. There is a USAID study carried out by independent consultants, which…
US questioned Cheniere pollution controls during LNG plant permitting?
US regulators raised doubts about Cheniere Energy’s decision to install higher-polluting gas-fired turbines at its Gulf Coast liquefied natural gas terminals in Texas and Louisiana years before they began operating,…
LNG procurement: global challenges
During the COP26 conference last November in Glasgow, LNG was identified as the transition fuel for migrating to the renewable energy. Since then, LNG market has become very volatile, and…
