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Most of the traditional suppliers of LNG to Pakistan now prefer to sell their gas cargoes to the wealthy European countries where they stand to make windfall profits. There may be an acute gas shortage during the next winter despite the fact that the state-owned Pakistan LNG Limited (PLL) last week received two bids to supply two Liquefied Natural Gas (LNG) cargos for the months of January and February 2024 at $22-24 per mmbtu. [Extracted from the article]

The end of Russian natural gas flows to Europe via Ukraine is expected to increase competition with Asia and raise prices for alternative energy sources. Ukraine anticipates that increased gas supply from the US and other producers to Europe will help stabilize prices. The halt in gas flows from Russia to Europe via Ukraine has led to a tightening of the LNG market, with potential for further price increases in the coming years. Europe will need to replace about 5% of its gas supply and may rely more on storage, which is currently below average levels for this time of year. [Extracted from the article]

The end of Russian natural gas flows to Europe via Ukraine is expected to increase competition with Asia and raise prices for alternative energy sources. Ukraine anticipates that increased gas supply from the US and other producers to Europe will help stabilize prices. The halt of gas flows from Russia to Europe via Ukraine has led to a tightening of the LNG market, with potential for higher spot LNG prices in the coming years. Europe will need to replace about 5% of its gas supply and may rely more on storage as a result of the cut-off. [Extracted from the article]

The article focuses on a contract between U.S. pipeline company Panhandle Eastern and Algeria for the delivery of liquefied natural gas (LNG) as of January 1983. The author discusses the average and marginal cost of the LNG, Panhandle's expenses, the gas' worth per thousand cubic feet (mcf). A chart measuring the financial performance of U.S. natural gas suppliers is also presented. INSET: Free and happy.

"So we do expect prices to remain high for the period, but the long-term investment decision-making is one that will have a bit more of a sober price outlook." (Bloomberg) -- Woodside Energy Group Ltd. said that surging oil and natural gas prices stem in part from years of insufficient investment in the energy industry. [Extracted from the article]

See also: China Begins Winter Gas Buying Spree at the Worst Possible Time "Global natural gas prices could continue to go parabolic in the coming weeks and months", Citi analysts said in the note. Keywords: ALLTOP; ASIA; BUSINESS; CMD; CMDTOP; COS; ELC; EUROPE; GOV; INDUSTRIES; MARKETS; NORTHAM; NRG; NRGTOP; OIL; TOP; US; UTI; WORLD; WWTOP; WWTOPAM; WWTOPAS; WWTOPEU EN ALLTOP ASIA BUSINESS CMD CMDTOP COS ELC EUROPE GOV INDUSTRIES MARKETS NORTHAM NRG NRGTOP OIL TOP US UTI WORLD WWTOP WWTOPAM WWTOPAS WWTOPEU Citigroup Inc. more than doubled its Asian and European natural gas forecasts for next quarter and said prices could surge to as high as $100 per million British thermal units in the event of a particularly cold winter. QZV3TWT0G1L0 (Bloomberg) -- Citigroup Inc. more than doubled its Asian and European natural gas forecasts for next quarter and said prices could surge to as high as $100 per million British thermal units in the event of a particularly cold winter. [Extracted from the article]

A delegation of All Pakistan CNG Association (APCNGA) led by its chairman Khalid Latif called on Finance Minister Shaukat Tarin at the Finance Division on Monday, ARY News reported.. Federal Board of Revenue (FBR) Chairman Muhammad Ashfaq Ahmed, Oil and Gas Regulatory Authority (OGRA) Chairman Mansoor Khan, senior officers from the Petroleum Division and representative of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) also participated in the meeting.. The APCNGA chairman briefed the Finance Minster about the operations of the CNG sector in Pakistan. Shaukat Tarin constituted a committee comprising FBR chairman, OGRA chairman, representatives of Petroleum Division and All Pakistan CNG Association (APCNGA) chairman to workout options for the optimal solution. [Extracted from the article]

Discusses the dependence of natural gas and liquefied natural gas (LNG) prices to crude oil prices. Growth of natural gas production and demand; Need of improving the production cost to market price ratio; Concentration of Pertamina on regional LNG exports; Development of gas fields in Siberia, Russia. INSET: Pertamina's Abda'Oe: `Good old days over' for world LNG...

The article focuses on issues related to the liquefied natural gas (LNG) industry. Despite evolving and diversifying, no one liquefaction process is substantially better than others, mandating that project-specific variables and economics be studied. International LNG trade continues to expand rapidly, with a trend toward ever larger capacity plants. Future LNG plants will have nominal capacities up to 8 million t/annum. As LNG trade increases, operators continue to look for ways to lower costs via economies of scale. The effort has concentrated, as plant capacity grows, on building larger, single LNG train plants. Achieving the desired results requires discussion of available LNG technologies and important criteria for selection. Technology selection starts at an early stage in the life of a baseload LNG project and is typically addressed at the feasibility study and pre-FEED definition stages. Process routes must be chosen for the process itself, utilities and plant offsite units. These include proprietary and non-proprietary technologies.

The article states on the unclear decision making on the pricing and supply chain of liquefied natural gas (LNG) in Pakistan, that was approved by the federal cabinet as a cheaper replacement in power generation to expensive furnace oil and regasified-LNG (RLNG) which disservice poor consumers.

The article offers information related to the Pakistan's government liquefied natural gas (LNG) project in order to met energy requirement of the country as of April 2014. Topics discussed include obstacles in the construction of the Iran-Pakistan pipeline, increased cost of LNG imports, and the Pakistan's strategic location in global natural gas market.

Energy firms and their investors are becoming increasingly excited about gas--or, to be precise, gas that is frozen and transported as liquefied natural gas (LNG). This is expected to become as ubiquitous and crucial to the global economy as petroleum is today. Scenario planners at Royal Dutch/Shell think that gas may surpass oil as the world's most important energy source by 2025. Thanks to this technological advance, gas has the potential to be a fungible, global commodity like oil. Soaring demand for gas has unleashed rapid innovation and investment that is driving down the capital cost of LNG. This expansion of LNG is being driven by America, the world's largest energy market. Prices have soared because--with the exception of Alaska, which is distant from most consumers--North America is indeed running out of gas. Despite the current optimism, the huge political and financial risks inherent in the LNG business mean that the boom is not yet certain to happen. The capital required is huge.

The article reports that according to Charif Souki, chief executive of US LNG developer Cheniere Energy, liquefied natural gas (LNG) prices need to increase by 20-25 percent more to sanction new projects. Souki said at Singapore International Energy Week that LNG prices in Asia and Europe would be enough to promote new investment in U.S. LNG expansions.

Liquefied natural gas prices in Asia have fallen 65% Just as gas export-terminals are preparing to start up along America's Gulf Coast, the oil-price crash has made it unprofitable to send the U.S. fuel abroad, according to the North America head of power and natural gas supplier Engie. [Extracted from the article]

Natural gas futures slid to an 11-week low on forecasts for cooler weather that would limit power demand in the last weeks of summer. Henry Hub gas would have to drop below $2.20 for U.S. LNG to win long-term Asian purchasers, Denery said. [Extracted from the article]

The author discusses the trends in the U.S. energy market in 2017, focusing on the continuing price deficits and potential of liquid natural gas (LNG) market. Topics include increased export of natural gas, like LNG, worldwide by America, the U.S. price structure in competition with Russia, and the production boom of fossil- fuel. Also mentioned are the lifting of the 1974 oil embargo and its industry impact, the energy derrivatives of end-use products, and growth in U.S. automobile sector.

The article offers information related to gas industry in the U.S. It mentions a study conducted by the PIRA Energy Group regarding the prices of liquefied natural gas (LNG) in Henry Hub in Louisiana which will become more volatile once exports begin. It adds that the nature of gas market in North America attracts foreign buyers which allows them to reach within the entire LNG value chain.

The article reports that Japanese gas importers are considering buying liquefied natural gas (LNG) linked to U.S. or European gas hub prices and moving away from traditional oil-linked contracts, according to the Japan Gas Association. Japan buys most of its gas on oil-linked contracts. However high crude prices resulting from the Fukushima Daiichi disaster in 2011 has made oil-linked LNG unreasonable.

The article discusses implications of the closing of the Strait of Hormuz on Asian and European liquefied natural gas (LNG) prices. It cites the effect of cutting the oil tankers route in Hormuz to the LNG capacity of Qatar at 77 million tonnes a year (t/y) accounting for 30% of the LNG global supply and 85% of Great Britain import gas supply coming from Qatar. It also notes the LNG supply of Qatar to Japan of 11.7 million tonnes in 2011.

The article reports on the second six-month delay that was announced by Woodside to the Pluto liquefied natural gas (LNG) development in July 2011. It says that a further delay to Pluto's start-up could push long- and short-term Asian LNG prices. Woodside's announcement states that the first cargo from the development will load in March 2012, which is a year later than the original schedule. The impact of the move on other Australian LNG projects is also discussed.

The article reports on firm prices in the liquefied natural gas (LNG) market, with more Asian buying interest keeping prices steady for spot cargoes in February 2011. One source says there are spot cargoes available at the moment so customers have more of a choice. According to reports, U.S. bank Morgan Stanley has won a tender to supply an LNG shipment to Argentina.

Presents a report by the Manufactures Alliance on the effects of liquefied natural gas resources on U.S. manufacturers in November 2004. Impact of the increase in natural gas prices on the sector; Trend in the prices of the gas for the previous years; Implications of the trend for the economic status of the country; Solutions recommended by the alliance.

Several graphs are presented showing production and price trends of natural gases in the U.S. which include natural gas liquids (NGL), liquefied petroleum gas (LPG) and propane/propylene as of November 2014.

The article states that Ohio Steel Council says that steep natural gas prices are likely to stress profit margins in 2006. The Ohio Steel Council warns that high energy costs could force steelmakers in the state to scale back their capital improvement projects in 2006-- a turnaround from the rapid pace of such projects that marked the industry for most of this year. The council has no formal prediction for Ohio steelmakers' capital spending in 2006, but it says a downturn is possible due to energy costs.

Over the past four years, prices for natural gas in North America have more than doubled their historical averages, sending energy bills skyrocketing. Now, however, relief could be on the horizon in the form of liquefied natural gas, which thanks to technological advances and soaring North American natural gas costs, is finally competitive in the U.S. With the bulk of the U.S. petrochemical industry based on natural gas as its source for both its feedstocks and energy, the long-term competitiveness of the industry has been called into question because of the step-change in natural gas pricing.

The article reports that the U.S. natural gas soared past the $7 per mmbtu mark for January pricing before retreating to the $6.80 level. The U.S. natural gas prices have now increased more than 50% in the last 10 days. With that in mind, Huntsman LLC has renewed its call for an investigation into natural gas pricing. Peter Huntsman, president of Huntsman companies says that they are experiencing the third severe gas price spike in the last three years. He says that the company has begun calling on members of Congress to take definitive action to investigate New York Mercantile Exchange gas futures trading with an eye to reforming the nation's natural gas pricing structure.

Provides information on the prices increases of natural gas and natural gas liquids in North America. Price increase in ethane on the Gulf Coast; Forecast of market watchers on prices of ethane.