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CEDIGAZ’s Monthly LNG Trade Bulletin of April 2015

Posted in LNG Markets, LNG Service, Natural Gas Statistics on

In Asia, LNG prices are declining

Asian LNG imports and pricesIn Asia, LNG imports decreased in February, as they did last year at the same period. China, Japan and South Korea imported 12.5 million tons compared to 14.7 million tons in January 2015. February year-on-year demand in these countries fell by 5.1% overall: the drop was pulled by a 25.6% decline in South Korean imports while Chinese’s grew by 10.9% and Japanese’s by 2.9%. As a consequence of the easing on Asian markets and the fall in oil prices, import prices continued to dwindle: they reached $13.3/mmbtu in Japan (including trades below $10/mmbtu), $10.4/mmbtu in China and $13.5 in South Korea. February prices represented a 20% year-on-year drop in Japan and South Korea and a fall of 11% in China.

Waiting for the Next Train? – An Assessment of the Emerging LNG Industry in Canada

Posted in Country Report, LNG Markets on

In February 2015, Canada counted 22 LNG liquefaction plant projects – of which 17 are located in British Columbia – representing a total design capacity of 325 mmtpa. Canada has the potential to become a major LNG exporter but no project has received Final Investment Decision (FID) so far. Competition with US brownfield projects with innovative business models have limited the commercial appeal of many Canadian projects relying on oil indexation. More recently, plummeting oil prices have put into question their profitability and lead to several postponements of FID reviews. CEDIGAZ’s new report Waiting for the Next Train? An Assessment of the Emerging LNG Industry in Canada discusses the potential for Canada to export LNG, looking at the initial enthusiasm and wide support by public authorities and local communities but also at the economic challenges and commercial issues that are slowing the progress of these projects.

CEDIGAZ LNG Service

Posted in LNG Markets, LNG Service, Natural Gas Statistics on

ORDER BEFORE APRIL 30, 2015 AND GET A 20% DISCOUNT ON BASE PRICE

The LNG Service provides the LNG analyst with all the data needed to follow the developments of the fast moving LNG market. The LNG Service includes comprehensive, quarterly updated, worldwide databases on liquefaction projects, regasification projects, long-term gas supply contracts and LNG trade between countries, as well as monthly bulletins on traded volumes and prices. The company reports allow for easy assessment and benchmarking of the main players in the market and the CEDIGAZ LNG Outlook provides CEDIGAZ’s views on medium and long-term LNG market perspectives.

THE DATABASES

liquification plantsLiquefaction plants: CEDIGAZ has identified 132 projects (not including project closed, suspended or canceled) representing over 1,300 mtpa of potential liquefaction capacity, of which 34 operating projects (287.37 mtpa), 17 projects under construction – plus one expansion project – with expected start-up dates from now to 2018 (133 mtpa) and 81 projects – plus 14 expansion projects – at different stages of planning (880 mtpa).

>>> Special features: quarterly updated,train level details, a dedicated spreadsheet allows the user to follow the authorization process for US and Canadian plants, historical production by plant.

LNG Databases – Liquefaction – Sample – Q4 2014