Category archives for naturalgas

On rising output, US natgas futures fell 2% to a new 11-week low.

  • 27 June, 2022
  • 5:40 pm EEST

On rising output, US natgas futures fell 2% to a new 11-week low. On Monday, U.S. natural gas futures fell about 2% to an 11-week low on rising output and lower demand expectations for the next two weeks, owing in…

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Increased natural gas production in Norway to compensate Europe for Russian supplies Oil is down about 3%.

  • 23 June, 2022
  • 2:03 pm EEST

Norway has boosted its production of natural gas at the expense of crude oil, in an effort to secure alternative supplies to compensate European countries for Russian gas, which meets nearly half of the old continent's needs. Europe is the…

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LNG tanker rental rates reach record levels Amidst the rising demand

  • 15 June, 2022
  • 4:31 pm EEST

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…

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Egypt’s gas export revenues record a big jump in 4 months It reached about 3.89 billion dollars

  • 31 May, 2022
  • 3:08 pm EEST

Egypt's gas export revenues recorded a big jump during the first four months of this year, compared to the same period last year. Data from the Ministry of Petroleum revealed that the value of Egypt’s exports of natural and liquefied…

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Japan expands LNG projects to ditch Russia’s imports

  • 15 April, 2022
  • 5:24 pm EEST

The Russian-Ukrainian war has exacerbated global fears of a crisis in the liquefied natural gas market, of which Moscow is one of the most important players. To overcome these concerns, Japan plans to boost its investments in LNG exploration projects,…

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