Exports News

 

Asian Buyers May Seek US LNG if Australian Disputes Worsen

Aug 22, 2023

Major Asian buyers of LNG could seek US cargoes in the coming weeks if worker-related disputes at key LNG facilities in Australia escalate, analysts said, as electricity demand continues surge due to warm weather.Uncertainty over labour disputes at western Australian facilities run by Woodside Energy Group and U.S. major Chevron have spurred Asian LNG prices to their highest in five months, and analysts say they could rise further…

U.S. LNG Exports to Europe on Track to Surpass Biden Promise

Jul 26, 2022

When U.S. President Joe Biden promised European leaders in March that he would help secure new supplies of liquefied natural gas to offset shortages from Russia’s invasion of Ukraine, his pledge was greeted with skepticism.After all, the U.S…

Russian Oil Production up 5%; Seaborne Exports up 9.5%

Jun 14, 2022

Russia's oil production rose almost 5% in the first half of June compared with May, the Interfax news agency reported on Tuesday, citing a source familiar with the output statistics.Average daily oil production, including condensate, was 1.46 million tonnes in the first 13 days of June…

Russia Resumes LPG exports from Sea of Azov

Mar 29, 2022

Russia is set to resume supplies of liquefied petroleum gas (LPG) from a Sea of Azov port on Tuesday for the first time since Moscow started its military operation in Ukraine, data from the port and Refinitiv Eikon showed.Supplies of LPG had been halted from the Temryuk terminal since Feb…

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