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16.02.26 - 15:30
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US NatGas Futs Sink To Four-Month Low As Mid-Atlantic Exits Brutal Winter (ZeroHedge)
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US NatGas Futs Sink To Four-Month Low As Mid-Atlantic Exits Brutal Winter
US natural gas futures tumbled to a four-month low early Monday as weather models indicate the Lower 48 is exiting the peak of the Northern Hemisphere winter and entering a much-needed warmup. For the Mid-Atlantic and Northeast, which experienced some of the coldest weather in decades, the next few weeks are expected to feel more like spring.
March contracts fell 7.5% to about $3 per mmBtu, the lowest level since October 17 and a roughly four-month low.
Weather forecasts for the Lower 48 show above-normal temperatures through the end of the month, particularly in the central and southern regions.
NatGas prices have been extremely volatile this winter. Multiple cold blasts sparked freeze-offs and production disruptions across gas infrastructure that sent spot NatGas prices sharply higher. At the same time, tightening power markets, especially across the Mid-Atlantic area, sent power prices soaring.
Readers may recall we ...
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14.02.26 - 09:12
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India expresses interest in US LNG (IntelliNews)
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India would be open to purchasing LNG from the US if the world's biggest supplier of the super-chilled fuel offered reasonable prices, the CEO of state-owned Petronet said....
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13.02.26 - 10:45
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Deutschland – Wird das Gas knapp? (Commerzbank)
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Die Gasspeicher in Deutschland sind Anfang Februar so leer wie lange nicht. Ein Engpass ist zwar unwahrscheinlich, weil hierfür die aktuelle kalte Witterung wohl bis weit in den März anhalten müsste und zudem die Versorger mit höheren Importen von Flüssiggas gegensteuern können. Allerdings dürften die Speicher auch in den kommenden Jahren weniger gefüllt werden als in früheren Jahren, was das Risiko von Engpässen im Winter erhöht und die Preise wohl stärker schwanken lassen wird..
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13.02.26 - 10:45
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Deutschland – Wird das Gas knapp? (Commerzbank)
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Die Gasspeicher in Deutschland sind Anfang Februar so leer wie lange nicht. Ein Engpass ist zwar unwahrscheinlich, weil hierfür die aktuelle kalte Witterung wohl bis weit in den März anhalten müsste und zudem die Versorger mit höheren Importen von Flüssiggas gegensteuern können. Allerdings dürften die Speicher auch in den kommenden Jahren weniger gefüllt werden als in früheren Jahren, was das Risiko von Engpässen im Winter erhöht und die Preise wohl stärker schwanken lassen wird..
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13.02.26 - 02:12
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Inpex Warns Of Looming LNG Crunch in Asia (ZeroHedge)
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Inpex Warns Of Looming LNG Crunch in Asia
By Charles Kennedy of OilPrice.com,
Japan's Inpex expects an LNG supply shortfall in the Pacific coastal region, including Asia, in 2035, as demand will nearly double from current levels, the oil and gas major said in its 2025 earnings report on Thursday.
Global LNG demand is expected to increase to about 700 million tons per year in 2035, up from the current level of around 400 million tons annually, according to the Japanese company, which operates the Ichthys LNG project offshore Western Australia.
“Demand will be concentrated in the Asia–Oceania region, accounting for about 60% of the total,” Inpex said in the outlook to 2035.
“Supply shortfall is expected in the Pacific coastal region, including Asia,” the company noted in its LNG Supply and Demand Outlook in the report.
While other regions look sufficiently supplied, the Pacific coastal region could see a supply shortfall of 231 million tons per year in 2035, according to I...
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