Edition:
United Kingdom

Ekaterina Kravtsova

U.S. sanctions on COSCO hit LNG tankers in Russia's Arctic

30 Sep 2019

LONDON U.S. sanctions on two units of Chinese shipper COSCO hit the liquefied natural gas (LNG) tanker industry on Monday as U.S.-listed Teekay LNG said its shipping joint venture in Russia had been "blocked" because of its ties to COSCO.

LNG prices seen wallowing at 10-year seasonal lows by year end: traders

23 Sep 2019

LONDON 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.

LNG tankers divert to Asia, floating storage rises after price spike

19 Sep 2019

LONDON, Sept 19 At least five laden liquefied natural gas (LNG) tankers changed course from Europe to Asia and a rising number of other tankers were being used as floating storage following a spike in Asian LNG prices in the past week, trade sources said.

GLOBAL LNG-Asian prices jump on European gas spike

13 Sep 2019

LONDON, Sept 13 Asian spot prices for liquefied natural gas (LNG) tracked a spike in the European gas market this week, rising for the first time in three weeks.

Russian exports to Turkey, southeast Europe squeezed by LNG, Azeri gas

06 Sep 2019

LONDON Russian gas exports to Turkey and eight other southeast European nations fell by more than a quarter in the first half of 2019 as cheaper liquefied natural gas (LNG) and new Azeri supplies helped the region reduce reliance on Russia.

Equinor, Gazprom lose European gas market share as LNG surges

19 Aug 2019

LONDON Europe's two biggest suppliers of pipeline gas, Norway's Equinor and Russia's Gazprom, have lost market share for the first time in at least four years amid a tripling in liquefied natural gas (LNG) imports into the region over the past 10 months.

Asian prices edge higher as buyers return

09 Aug 2019

LONDON Asian spot prices for liquefied natural gas (LNG) edged up this week amid increased market activity driven by hot weather in parts of Japan, South Korea and China, with several buyers looking for cargoes.

GLOBAL LNG-Asian prices drop on lack of demand to offset oversupply

26 Jul 2019

LONDON, July 26 Spot liquefied natural gas (LNG) prices in Asia dropped this week as no substantial demand emerged to offset an oversupply of cargoes in the market.

In global LNG glut, Spain curbs deliveries as tanks test limits of capacity

18 Jul 2019

LONDON/MADRID Traders in liquefied natural gas (LNG) trying to find the best destination for it in an oversupplied market are having problems delivering into Spain, where storage tanks are already full in anticipation of higher prices later in the year.

In global LNG glut, Spain curbs deliveries as tanks test limits of capacity

18 Jul 2019

LONDON/MADRID, July 18 Traders in liquefied natural gas (LNG) trying to find the best destination for it in an oversupplied market are having problems delivering into Spain, where storage tanks are already full in anticipation of higher prices later in the year.

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