Not even China's voracious appetite for liquefied natural gas may be enough...
SINGAPORE - Not even China’s voracious appetite for liquefied natural gas may be enough to absorb the additional supplies hitting the market this year, with the price of the super-chilled fuel potentially a casualty.
But the sharp rise in January imports is likely to unwind in coming months as much of the LNG is being used in coal-to-natural gas switching projects that run out of steam as the northern winter ends. The problem for the LNG market is that it’s likely that more than 30 million tonnes of additional LNG supply will be available in 2019.
Increasing nuclear generation in Japan is likely to result in lower LNG imports, although it will keep its status as the top buyer for several years yet.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
19 Things That FEEL Illegal Even Though They Definitely Aren't19 Things That FEEL Illegal Even Though They Definitely Aren’t
Lire la suite »
Even The Polar Vortex Couldn't Nudge The Midwest's Average Temps Much Below Normal In JanuaryJanuary was so abnormally warm in the central United States that the brutal Arctic cold snap at the end of the month could only drag the region's average temperature to 'near-normal,' according to the latest analysis from NOAA.
Lire la suite »
South Korea needs to counter the 'dangerous' North even if Trump ends the Korean War: ExpertsWhile there's a possibility that the leaders of the U.S. and North Korea might declare an end to the Korean War at this week's summit, experts sounded a strong warning that the move could have 'real political consequences.'
Lire la suite »
In 30 days, the Brexit mayhem will get even worseWith 30 days to go, it might be tempting to think that for better or worse, the Brexit craziness will finally be over and done with soon. Good luck with that, writes CNN's LukeMcGee
Lire la suite »
Mueller’s dance of a thousand veils is likely to end with even more veils'The Mueller obsessives want him to be a deus ex machina who delivers irrefutable grounds for impeachment and I-told-you-sos. But that Mueller may never arrive,' writes JonahNRO. (via latimesopinion)
Lire la suite »