Clio Ho

Nov 19, 2024 | spglobal.com | Sakshi Jalan |Roudy Dirani |Clio Ho

The UK is set to receive its highest LNG volumes since February as it becomes the preferred destination for diverted LNG cargoes due to slot availability. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. According to S&P Global Commodity Insights data, the country has imported 424,000 mt of LNG in November so far and should receive around 291,000 mt more.

Nov 14, 2024 | spglobal.com | Aly Blakeway |Sakshi Jalan |Suyash Pande |Clio Ho |Angeles Rodriguez

Northwest European LNG prices flipped to premium territory versus Northeast Asian benchmarks for the first time this year as European worries over supply shortages bolster sentiment. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Platts, part of S&P Global Commodity Insights, assessed the JKM -- the benchmark price reflecting LNG delivered to Northeast Asia -- for December at $13.821/MMBtu on Nov. 14, up 31.4 cents/MMBtu or 2.3% day on day.

Oct 15, 2024 | spglobal.com | Aly Blakeway |Clio Ho |Sakshi Jalan |Megan Gildea

Imports of liquefied natural gas into Egypt at the start of 2025 due to ongoing domestic constraints could further tighten the European market as Europe looks to replace lost Russian gas volumes through Ukraine with LNG, sources said. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.

Oct 15, 2024 | spglobal.com | Clio Ho

An LNG carrier, Energos Princess, began unloading at the Gate terminal in the Netherlands on Oct. 15, marking the first LNG import from Mexico to Europe, according to data from S&P Global Commodities at Sea. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. The carrier, which loaded approximately 59,000 metric tons of LNG from New Fortress' Altamira LNG project in Mexico, arrived at the Gate terminal on Oct. 15.

Oct 9, 2024 | spglobal.com | Aly Blakeway |Thomas Seth |Clio Ho

After spells of bearish signals pressuring net-long positions in the European natural gas futures markets, hedge funds have been increasing their net-long position, according to Intercontinental Exchange data, with traders expecting this to add to the looming bullish signals this winter. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.