Spot market prices for LNG tankers this week set annual records, with more long-term leases; This limited the supply of ships to the spot market. This was caused by increased demand for LNG and buyers' shunning of Russian cargo and…
Continue ReadingMany countries, led by Turkey, are seeking to secure their natural gas needs by concluding agreements and contracts with producing countries, after gas prices in the spot market witnessed record increases during the recent period. In this context, the Turkish…
Continue ReadingToday, Shell International resumed shipment of liquefied natural gas (LNG) from the Prelude facility, the world's largest floating LNG terminal, located off northwest Australia, after a 4-month shutdown due to a major blackout. A Shell spokesman said that a shipment…
Continue ReadingBecause of rising heating demand, the price of natural gas in the United States is set to reach its highest level since 2008. On Monday, U.S. natural gas futures rose about 5%, putting the contract on track for its highest…
Continue ReadingOnce again, gas prices in Europe jumped to new records; Where the price on the European stock exchanges broke records for the fourth consecutive day; Exceeding $3,600 per 1,000 cubic metres. The price of gas has risen more than 67%…
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