Analysis - Page 2

From Crisis to Cooperation: Japan’s IEA-Led LNG Stability Framework Initiative

Exclusive Preview from the CEDIGAZ Annual Survey of Global Underground Natural Gas Storage

Posted in Analysis, CEDIGAZ Insights, Underground Gas Storage on

UGS was definitely in the spotlight in 2022/23. The global gas crisis has revealed the strategic value of storage for the market, and its crucial role for security and stability of natural gas supply. The introduction of stricter regulations on natural gas (and LNG) storage is part of the set of measures introduced by governments across the world to tackle the energy crisis.

ISRAEL-HAMAS CONFLICT: IMPLICATIONS FOR THE REGIONAL & INTERNATIONAL GAS MARKETS

Posted in Analysis on

The Geopolitical Ripple Effect of Israel’s Natural Gas Exports

The development of Israel’s giant Tamar and Leviathan natural gas fields has markedly shifted the regional gas market’s geopolitical dynamics. Israel’s transformation from a gas importer to an exporter has notably impacted its relationships with neighbouring Jordan and Egypt. Israeli exports have been pivotal for Egyptian LNG exports, compensating for Egypt’s declining indigenous gas availability. Jordan, once reliant on LNG imports, cut its LNG procurement, given its access to stable Israeli pipeline supplies. In 2022 alone, according to CEDIGAZ database, Israel’s gas exports reached 2.9 billion cubic meters (bcm) to Jordan and 6.5 bcm to Egypt, contributing to the easing of the global LNG market strain. Looking ahead, Israel aspires to broaden its gas export footprint, potentially through global LNG exports or a pipeline to Europe.

Towards European Shores: A Continuation of LNG Market Trends in Gas Year 2022-2023

Posted in LNG Markets, LNG report, LNG Service on

LNG market report: 3rd Quarter 2023 and Gas Year 2022-2023

The 2022-2023 Gas Year that ended on September 30, showed a continuation of the main trends that emerged in 2021-2022. These developments are detailed in the latest CEDIGAZ LNG market report.