Pakistan LNG news
Asian LNG spot prices slip as cargoes flood market
Asian LNG spot prices have slipped in response to a surge in supply, which has flooded the market at a time when regional demand has remained stable.
Asian LNG spot prices rise
Asian LNG spot prices rose this week, tracking higher oil prices and benefitting from production curbs in Australia.
Asian LNG spot prices hit three-week low
Asian LNG spot prices have fallen to a three-week low, as the low-demand market continues to be fed with new cargoes.
Booming LNG faces big swings in supply-demand balance
BloombergNEF has released its ‘Global LNG Outlook 2019 - 2023’.
Qatar leading the charge for long term Pakistan LNG deal
Qatar has positioned itself as the front-runner for a long-term LNG supply deal with Pakistan.
Asian LNG spot market saturated with new cargo offers
After climbing for the past two weeks, Asian LNG spot prices have now suffered another decline.
IGU releases 2019 World LNG report
The International Gas Union (IGU) has released its ‘2019 World LNG Report’ – an annual, in-depth analysis of the current state of the global LNG industry over the previous year.
Vitol expecting shutdowns in response to recent supply glut
Vitol’s head of LNG trading, Pablo Galante Escobar, has gone on record stating that the short term prospects for LNG business are ‘bleak’.
Asian LNG prices now below US$5.00
Asian LNG spot prices have now broken the US$5.00 per million Btu mark, a result of a lack of growth in demand and continued high levels of supply.
Asian LNG spot price decline continues
Asian LNG spot prices have continued to decline, as inconsistent demand is yet to make a dent in the oversupplied state of the market.