Indonesia will no longer need to import LNG by 2025 to meet the shortfall in domestic natural gas production as previously expected, as the country brings new projects on stream by 2024, the energy minister told reporters Wednesday.

U.S. exports of liquefied natural gas (LNG) have been growing steadily and reached a new peak of 4.7 billion cubic feet per day (Bcf/d) in May 2019,

Over January-June, China imported a total 28.37 million mt of LNG, up 19.3% year on year, the latest data from the General Administration of Customs showed.

The construction of the LNG terminals in Germany represents a considerable investment. The FSRU for instance, the cheapest facility, will require about €400 million ($500 million) to build.

U.S. EIA - Argentina’s domestic natural gas production has been rising steadily in the past three years, largely because of increasing production from the Neuquén Basin’s Vaca Muerta shale and tight gas play. Production from Vaca Muerta surpassed 1.0 billion cubic feet per day (Bcf/d) in December 2018.

First half production of 37 mmboe was a record for Santos and 32% above the corresponding period.

Spot prices for August delivery to Northeast Asia are estimated to be about $4.40 per million British thermal units (mmBtu), up 10 cents from last week, trade sources said.

Demand hit a single-day record high just below 6.4 Bcf/d on July 4 and was estimated at just under that level Monday, data compiled by S&P Global Platts Analytics shows.

in the presence of the President of Russian Federation Vladimir Putin, and the Prime Minister of Japan Shinzo Abe, PAO NOVATEK and the consortium of Mitsui & Co and Japan Oil, Gas and Metals National Corporation JOGMEC signed the Sales and Purchase Agreement to purchase a 10% participation interest in the Arctic LNG 2 project.

Over January-May, China imported 2.7 million mt of LNG from Malaysia, up 32% year on year, the customs data showed.