Liquefied natural gas (LNG) is increasingly seen as one of several catalysts to the energy transition. As countries seek to reach their decarbonization goals, they will have to go beyond switching from coal- to natural gas-fired power generation, and explore carbon-efficient options across all energy demand segments. Many countries around the world are now seeing […]
LNG Contracts: A Growing Need for Flexibility
The market and contract structures for liquefied natural gas (LNG) are constantly evolving as the LNG market matures and deepens. Historically it was common for LNG suppliers to negotiate large-volume, 20+-year contracts, with A-rated credit buyers. Many of these legacy contracts have now ended and are being displaced by short-term, more flexible contracts. However, new […]
ADI Analytics presents at 2019 Australian American Chamber of Commerce – Asia Society
Uday Turaga, Founder & CEO, ADI moderated again this year the annual LNG panel session organized by the Australian American Chamber of Commerce – Houston in partnership with the Asia Society Texas Center. Deborah Byers, EY; Paul Sullivan, WorleyParsons; and Peter Hartley, Rice University’s Baker Institute for Public Policy were fellow panelists. The panel covered […]
LNG shipping rates: What fuels the spike?
The U.S. is rapidly emerging as a major exporter of LNG, and especially of cargoes sold on a spot basis to various countries around the world. In light of this, LNG shipping rates are important to the sector’s competitiveness. Daily LNG charter rates are increasing surprisingly and quickly after being stable and low for two […]
Much ado about gas: Qatar’s exit from OPEC
Qatar recently announced plans to leave OPEC starting January 2019, ending its nearly six-decade long membership. The decision comes amid tensions with neighboring countries as a trade and travel embargo was imposed last June by a group of Middle Eastern countries led by Saudi Arabia and including Bahrain, Egypt, and United Arab Emirates. Political considerations […]
Learning from the European LNG infrastructure build-out
We recently wrote about LNG cruise ships and how one of the largest barriers to adopting LNG as a marine fuel in North America is the lack of bunkering infrastructure. We also noted that European LNG bunkering infrastructure is significantly more robust than in North America. One reason for this is that the European Union […]
Delivered LNG costs from North America
The United States has started exporting LNG, thanks to the cheap and abundant supply of natural gas from shale plays. The first round of LNG exports began from the U.S. Gulf Coast and was quickly followed by a second project on the U.S. East Coast. However, since natural gas supply is now available across the […]
LNG bunkering in North America
With tightening emissions on the horizon and reduced fuel costs, LNG for marine applications has garnered lot of attention. However, there are relatively few ships fueled by LNG today and the vast majority operate only in northern Europe. Only one LNG-fueled ship is operating in North America today, Shell’s Harvey Energy. There are several reasons […]
Which ships will adopt LNG first?
Recently, we discussed LNG bunkering infrastructure across the globe and showed two different ways of building that infrastructure; through onshore and offshore bunkering facilities. If we assume that the LNG bunkering infrastructure will be constructed the next question to ask is “What ships will be most likely to adopt LNG first?” To do this, we […]
2017 ADI Forum Highlights: Natural Gas Exports
2017 North America Natural Gas and NGL Forum Highlights: Natural Gas Exports ADI Analytics hosted its first North America Natural Gas and NGL forum in Houston late February. The forum was well-attended with representatives from a wide range of companies including integrated oil and gas majors, refiners, E&P independents, industrial gas suppliers, equipment providers, technology […]