South Korea’s imports of liquefied natural gas dipped for the fourth consecutive month in April, compared with a year earlier, because of weak demand from local utilities. For full story, click here
Continue reading "South Korea’s LNG Imports in April dipped 19% on year"
Thursday, May 7, 2009
Natural gas futures have advanced above $4 for the first time in six weeks on prospects for stronger demand, after a government report raised speculation that the slump is easing. For full story, click here
Continue reading "Natural Gas Futures topped $4 for first time in six weeks"
Wednesday, April 8, 2009
Domestic demand for natural gas has sharply risen as government boosts gas utilization projects, with the latest signing of 12 natural gas sales agreements between state oil and gas company Pertamina and its business partners. BP Migas deputy chairman for financial economy and marketing Djoko Harsono stated: Demand has sharply increased in the latest five [...]
Continue reading "12 domestic gas sales contracts reported to have been signed"
Thursday, April 2, 2009
Despite the collapse in natural gas prices since July has taken some of the heat out of gas development in Pennsylvania, but the state’s hoard is still in demand. For full story, click here
Continue reading "Natural Gas Wells sought despite price drop"
Wednesday, March 25, 2009
Tokyo Gas Co, Japan’s biggest city gas supplier reported that it has planned to purchase 6 percent less liquefied natural gas on long-term contracts in the year from April 1, as gas demand is projected to fall for a second year because of weak industrial activity. For full story, click here
Continue reading "Tokyo Gas to purchase 6 percent less LNG in 2009/10"
Wednesday, March 18, 2009
A top Australian diplomat announced that his country has the potential to meet New Delhi’s rising demand for natural resources and it would start exporting natural gas to India by 2014. Australian High Commissioner to India John McCarthy said: We see India as an ideal place for bilateral trade because of its excellent economy expansion [...]
Continue reading "Australia to commence natural gas exports to India by 2014"
Monday, March 16, 2009
Malaysia’s consumption of natural gas dropped by 5 per cent last month from a year earlier because of dwindling demand from power plants. Ezhar Jaafar, senior manager for gas business at the state oil and gas company, said: The power sector is not taking as much because of the economic slowdown. For full story, click [...]
Continue reading "Malaysia’s natural gas consumption fell"
Tuesday, March 10, 2009
Citing continued economic weakness, the U.S. Energy Information Administration lowered its forecast for 2009 U.S. industrial natural gas demand this Tuesday. For full story, click here
Continue reading "U.S Energy lowered its 2009 industrial gas demand forecast"
Tuesday, March 3, 2009
A declining trend in the natural gas market has led to some rare good news for consumers at a time when welcome economic tidings are hard to come by. For full story, click here
Continue reading "Weak Demand declines Natural Gas Rates"
Monday, February 23, 2009
Natural gas declined below USD 4 per million British thermal units for the first time in more than 6 years due to worsening recession and declining demand. For more information, click here
Continue reading "Natural gas declined below USD 4"
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Wednesday, May 20, 2009