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LNG suppliers flood market with excess spot cargoes as demand shrinks

Liquefied natural gas (LNG) suppliers are flooding the market with excess spot cargoes, generating fresh headwinds for prices, as demand dwindles globally because the coronavirus outbreak has disrupted industrial output and people’s movement.

read more... 30/03/2020

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European gas prices set to slump

Earlier this month analysts sounded the alarm for European natural gas prices when it turned out that a lot of Asian buyers are turning down LNG cargoes and Europe is taking these in, filling up its storage space. Now, everyone seems to be wondering when prices will bottom out, if they will bottom out at all.

read more... 19/02/2020

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Gazprom offers 18 LNG cargoes for loading at Belgium's Zeebrugge in 2020-2021

The cargoes are for loading between the second half of Feb. 2020 and Dec. 31 2021, one of the sources said. The tender will close on Feb. 10, with bids valid until Feb. 12

read more... 24/01/2020

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US cargo quartet heading for UK

Liquefied natural gas import terminals on the United Kingdom’s Milford Haven waterway are scheduled to receive cargoes of the chilled fuel from the United States before the end of the year.

read more... 26/12/2019

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Botas issues large tender for 30 LNG cargoes

Turkish oil and gas pipeline operator Botas is reportedly seeking 30 liquefied natural gas (LNG) cargoes for delivery over December 2019 to March 2020.

read more... 12/12/2019

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