Asian LNG prices will likely be at their lowest, seasonally, in a decade by the end of the year as rapidly rising production outstrips feeble demand, weighed down by a global economic slowdown and the U.S.-China trade war, traders said.
World Nuclear Association estimates global nuclear power capacities to grow over till 2040 at a faster rate than at any time since 1990, increasing mainly due to extensive reactor building programmes in China, India and other countries in Asia.
European gas hub prices have exceeded the price of liquefied natural gas (LNG) on the Asian spot market in a rare occurrence that rules out arbitrage of LNG cargoes between the Atlantic and Pacific basins.
Asian spot prices for liquefied natural gas (LNG) held steady this week, with traders looking for signs of potential demand ahead of winter amid ample supplies. Spot prices for August delivery to Northeast Asia
Asian spot prices for liquefied natural gas (LNG) remained steady at the seven-week low hit in the previous week, as lower prices attracted some demand from India, but the market was well supplied as new cargo deliveries were expected soon.
Saudi Arabia is set to supply more crude to oil-starved Asian refiners, and extract a heavy price for it. State-run producer Saudi Aramco will sell additional cargoes to customers in the world’s biggest oil-consuming region for June loading, according to people with knowledge of the matter.
Asian spot prices for liquefied natural gas (LNG) this week fell to their lowest in nearly three years driven by excess supply and lack of buying interest in the region.
The United States is keen to see that Malaysia, Singapore and others are fully aware of illicit Iranian oil shipments and the tactics Iran uses to evade sanctions, a top US sanctions official said on Friday.
The key benchmark in the world’s biggest LNG consuming region, S&P Global Platts’ Japan/Korea Marker, has dropped below Dutch Title Transfer Facility prices for the first time since April 2016,
Over the past year, the number of patients treated each day in the hospital unit where cardiologist Ade Imasanti Sapardan works in Indonesia’s capital has almost doubled to about 100.