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Latest News
1 day ago
New pipeline and other infrastructure projects that are planned or in development will create easier access to domestically produced natural gas throughout the US, which will enable increases in supply over the long term. The extended cold snap seen in late 2017 and early 2018 showed that natural gas prices remain responsive to fluctuations in weather. When considering the natural gas for 2018, we must look at not only the demand forecast but also the supply.  Natural Gas Demand Forecast
1 day ago
Small-scale liquefied natural gas (ssLNG), a niche but nascent industry that is already profitable and scalable, boasts significant potential. It is well placed to meet the growing demand from the shipping and trucking industries for fuels that are more environmentally friendly than oil and diesel. ssLNG also enjoys advantages in addressing off-grid power generation for industrial and residential needs in remote locations. Because of its environmental credentials, ssLNG is likely to gain further traction as market and regulatory pressures to transition to lower-carbon energy intensify.
1 day ago
Greener and cleaner fuel, lower prices and the ability to diversify supply, it is no surprise the industry is experiencing a dramatic growth in demand for small-scale LNG. With the market projected to reach $51.9 billion by 2026, as reported by Research and Markets, it is a truly fascinating area to watch in 2018, especially with the continuously changing regulatory environment.
1 week ago
While it is difficult to predict exactly how many projects will take FID in a given year, there are numerous LNG project developments to expect in 2018, offering a very encouraging outlook for the LNG industry.  By downloading this report, you will discover:
1 week ago
Shipping plays a crucial role in enabling economic development as it responds to the needs of the organization, functioning of the economy and society as well as improving the conditions and quality of life of the population. However, this argument underestimates the real costs. For all ship types, the main engines (propulsion) are the dominant fuel consumers essentially burning residual fuel oil (HFO), which has harmful health and environmental impacts as well as accounts for approximately 3.1% on average for global greenhouse gases (GHGs) worldwide.
1 week ago
In the past year, Emission Control Area (ECA) regulations have driven many decisions and developments within the LNG market and continue to do so. With the global sulphur cap of 0.5% for marine fuel due to be adopted by 2020, the industry is experiencing LNG gain traction as a fuel of choice for ships. As a leading global shipbroking firm, Simpson Spence & Young focuses on a variety of markets, including LNG and LPG projects, striving to address the dynamic world of shipping and global trade.
1 week ago
The CEE region is undergoing a profound change in terms of its interconnected energy market dynamics due to the constant evolution of liberalised energy markets and the need for supply security and diversity. LNG Allies’ vision is to maximise US LNG exports to enhance the energy security of America’s allies as well as improve the economic environmental conditions worldwide.
1 week ago
Central and Eastern Europe is described as the region of possibilities, with many projects now gaining both commercial support and political momentum. Europe’s eyes are opening to the opportunities of strategic alliances to connect European gas supply sources from the Baltic, Adriatic, and Black Seas to the rest of Europe.
1 week ago
At the end of 2017, the EU announced the signing of a grant agreement in which it will be contributing €101.4mn into the construction of Croatia’s Krk LNG terminal, which is more than a quarter of the overall cost of the project. The advancement of this terminal will prove positive for the region as it will increase the security of gas supply to central and south-eastern Europe.
1 week ago
For the gas industry, I believe there are four notable trends which will take place and develop in 2018: 1 - Increasingly dynamic gas pricing Throughout 2017 we have seen commodity prices rising and gas prices have followed this trend, being dragged up by rising oil and coal prices as well as various supply and demand issues more specific to gas.
1 week ago
The views expressed are the author’s own, and do not reflect any position on behalf of his former company. 2018 will start by a North Hemisphere winter with Brent oil prices closer to $60-65 rather than $50-55 and a sustained demand for LNG from China and possibly Southern Europe in case of recurrent unavailability of French nuclear power at a time when expected big supply plants are facing delays. This should lead to a sustained level for both LT contract prices (oil) and subsequent “spot” price levels (supply-demand) before the real wave of additional LNG materializes.
2 weeks ago
2017 turned out to be a very good year for LNG buyers, prices having dropped dramatically from earlier highs, and with every prospect that they would stay that way for a while.  The trade press was full of articles about the “glut” of LNG supplies.  Some projected the glut and low prices would be around until the mid-2020s.  It hasn’t worked out that way, and so soon.  Where did the glut go, and who stole it?
1 month ago
The shale gas revolution, brought about through the combination of hydraulic fracturing (“fracking”), horizontal drilling technologies has slashed consumer prices for both gas and electric in this country, while reducing air emissions by incredible volumes.
1 month ago
It is well known that unconventional gas – shale gas, tight gas, and natural gas associated with shale oil production – has transformed natural gas supply across North America.  Currently, about 60 billion cubic feet of unconventional gas is produced daily in the US or about two-thirds of total US production.  Going forward this fraction is expected to increase.
1 month ago
Though gas production has stabled in recent years, during the boom period from 2007 to 2012 shale gas production in the US expanded at an astounding average growth rate of over 50% per year, and thereby increased nearly tenfold over this short time period alone. Hydraulic fracturing technology, or “fracking”, as well as new directional drilling techniques, played key roles in this shale gas revolution, by allowing for extraction of natural gas from previously unviable shale resources.
1 month ago
Significant events this year have changed the face of the LNG shipping industry. Growing production in North America, Australia and elsewhere is leading to an abundance of natural gas.