Edition:
United Kingdom

Sabina Zawadzki

A tale of two projects - Mozambique LNG terminals echo global risks

21 Mar 2019

LONDON Mozambique, one of the world's poorest nations, is set to become a top global gas exporter thanks to two huge terminals about to be built in a northern province.

Asian, European LNG prices crash below $5 on oversupply

21 Mar 2019

LONDON Asian spot prices for liquefied natural gas (LNG) broke below the $5 per million British thermal unit (mmBtu) mark this week following a 13-week price slide that reflects the absence of growth in demand or any major outages.

GRAPHIC-Surging LNG imports drive down British wholesale gas prices

18 Mar 2019

LONDON, March 18 Britain's imports of liquefied natural gas (LNG) for March are at their highest levels since October 2015, helping British wholesale gas prices slide to a more than 18-month low.

U.S. LNG exports pick up, with Europe a major buyer

07 Mar 2019

LONDON Shipments of U.S. liquefied natural gas (LNG) have gathered pace in March and Europe is set to stay a top destination for spot cargoes with Asian prices still too low to ship the chilled fuel that far.

Exxon's Cyprus gas discovery adds another giant to East Med collection

28 Feb 2019

ATHENS/LONDON ExxonMobil added another giant gas discovery to the east Mediterranean region after finding a gas-bearing reservoir offshore Cyprus but infrastructure bottlenecks and geopolitical disputes mean output from the field could be far off.

Fight against pollution to lift LNG demand - Shell

25 Feb 2019

LONDON Global liquefied natural gas (LNG) trade is set to rise 11 percent this year as China leads a global drive to reduce pollution and tackle carbon emissions, Royal Dutch Shell said in an annual LNG report on Monday.

Bangladesh PM's office revives Swiss trader AOT's LNG supply deal

20 Feb 2019

LONDON, Feb 20 Bangladesh's prime minister has given the nod to a multi-billion dollar LNG supply deal with Swiss trader AOT Energy but the energy ministry will make a final decision on whether it goes ahead, an official at the premier's office said on Wednesday.

UPDATE 1-Anadarko closes in on final Mozambique LNG decision

15 Feb 2019

* Indian agreement cements over 8.5 mtpa in committed offtake

Offtakers face challenge as Asia demand lags surging U.S. LNG output

30 Jan 2019

VIENNA Surging production of U.S. liquefied natural gas (LNG) and slower growth of demand in Asia this year could leave companies that have committed to long-term purchase contracts struggling to find markets.

Exclusive: Europe tops buyers for U.S. LNG with winter cargo influx

25 Jan 2019

LONDON Energy companies are flooding Europe with U.S. natural gas, establishing a foothold in a market dominated by Russia and seen as a key battleground in Washington's efforts to curb Moscow's energy influence.

World News

Barr plans to issue Mueller report details within weeks

U.S. Attorney General William Barr plans to issue in a matter of weeks a public version of the special counsel's report that found President Donald Trump's 2016 campaign team did not conspire with Russia, as Trump sought to capitalise on the conclusions.