GLOBAL LNG MARKET DOWN
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GLOBAL LNG MARKET DOWN
BLOOMBERG - August 3, 2020 - The liquefied natural gas market contracted a third month in July as countries continue to struggle with the economic fallout from the coronavirus pandemic.
Global exports of the fuel last month dropped 9.4% from the previous year, the steepest year-over-year decline since at least December 2017, according to ship-tracking data compiled by Bloomberg. The biggest cuts came from the US and Australia. On a monthly basis, exports inched up 2.5% from June levels.
The pandemic has thrown cold water on the fastest-growing…
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Earlier:
2020, July, 29, 11:55:00
RUSSIA'S LNG TO CHINA UP
Russia LNG imports were 20.7 percent higher than a month earlier, while U.S. imports of LNG were just 2.4 percent higher.
2020, July, 27, 15:40:00
AUSTRALIA'S SANTOS REVENUE DOWN 11%
Quarterly sales revenue of US$785 million was 11% lower than the prior quarter primarily due to lower liquids prices partially offset by higher domestic gas and LNG sales revenues
2020, July, 10, 11:30:00
LNG TRADE WILL UP
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2020, July, 9, 15:45:00
TOTAL FOR MOZAMBIQUE LNG $15.8 BLN
The project, Mozambique LNG, is one of several being developed in the country’s extreme north following one of the largest gas finds in a decade off its coast.
2020, July, 2, 11:40:00
LNG FOR INDIA: 1 MLN TONS
India wants to raise the share of natural gas in its energy mix from to 15% by 2030 from 6.2% now and is scouting for affordable gas for its price-sensitive customers.
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LNG,
GAS