Since October 2024, Indian power load has averaged +7 GWe year-on-year growth. Strong economic conditions and warm temperatures have propelled the market’s demand for power. For the quarter ending in December 2024, India’s real GDP Read more
Weather matters not just to natural gas and LNG demand, but also to supply. Gas markets have become quite familiar with hurricanes impacting LNG exports from the US Gulf Coast region. In Australia, tracking for Read more
For the first time in 2024, the amount of power generation that South Korea’s power market sourced from LNG was equivalent to coal on an annual basis. The decline in coal generation, which until 2024 Read more
Senior executives from Europe’s largest indigenous producer of natural gas, Equinor, grabbed headlines in the first half of February 2025 with a succession of estimates regarding the number of additional LNG cargoes that Europe will Read more
In early February 2025, temperatures in South Korea are considerably below historical averages. The world’s third largest LNG import market depends on natural gas for power generation, industrial-processes and heating. Natural gas represents ~17% of Read more
China’s natural gas market reached 428bcm (41.5 bcfd) in 2024 when measured by gas supply. Its volume of LNG imports grew by +8bcm (0.75bcfd), which was just sufficient for LNG imports’ share of total gas Read more