LONDON A protracted decline in European gas prices, which has hurt some energy firms but may prove a boon to buyers, has yet to find a floor as low summer demand could boost gas storage tanks close to chock-full amid soaring global supply.
LONDON/SINGAPORE Italian oil major Eni, China's overseas energy unit PetroChina and two trading houses are vying to supply liquefied natural gas (LNG) to Pakistan in one of the largest tenders ever worth billions of dollars, two sources familiar with the matter said on Friday.
LONDON/SINGAPORE, July 19 Four companies have
submitted offers into a 10-year import tender for deliveries of
liquefied natural gas (LNG) to Pakistan, two sources familiar
with the matter said on Friday.
LONDON European gas hub prices have risen above the price of liquefied natural gas (LNG) on the Asian spot market in a rare occurrence that largely rules out arbitrage of LNG cargoes from the Atlantic to the Pacific basins.
LONDON Dutch gas prices hit 10-year lows this week, reflecting high European inventories swelled by liquefied natural gas (LNG) imports, testing levels at which companies that committed to buy U.S. LNG will start making serious losses.
* Iberdrola shifts to short-term gas supply from LNG
LONDON U.S. energy firm Anadarko Petroleum Corp on Tuesday gave the go-ahead for the construction of a $20 billion gas liquefaction and export terminal in Mozambique, the largest single LNG project approved in Africa.
LONDON Europe saved $8 billion on its natural gas bill last year because surging U.S. shale production and a shake-up in EU energy markets forced Russia to change its gas pricing mechanism, the head of the International Energy Agency said on Friday.
LONDON/NEW YORK Cheniere Energy Inc said on Monday it would buy natural gas from Apache Corp's Permian assets using a price mechanism linked to the liquefied natural gas (LNG) it ends up selling and not the typical U.S. gas benchmark.
LONDON, June 3 Cheniere Energy said on
Monday it would buy natural gas from Apache Corp's
Permian assets using a price mechanism linked to the liquefied
natural gas (LNG) it ends up selling and not the typical U.S.
natural gas benchmark.