(Energy Analytics Institute, 11.Dec.2024) — Incremental demand to-date in 2024 for LNG has moved from Europe to Asia, according to recent data from Kpler. Of the total year-to-date LNG trade of 376 million tons (Mt) between Jan.-Nov. 2024, the top importing countries are JKT (Japan, South Korea and Taiwan) with […]
Tag: Rystad
Israel Conflict Gains Grip as Output: Rystad Says
(Rystad, 17.Oct.2024) — Here is Rystad Energy’s market update from Middle East Research Director, Aditya Saraswat. “Tensions are persisting in the Middle East and the humanitarian toll is climbing. Energy market fundamentals have been largely unaffected to date, but this could change at a moment’s notice. In a widespread regional […]
Winter is Coming in Europe as Geopolitical Risks Rise: Rystad EnergyÂ
(Rystad, 4.Oct.2024) — Here is Rystad Energy’s gas and LNG market update from analyst, Christoph Halser: “Norway concludes its gas maintenance season with some disruptions, while hurricanes add further risks to U.S. supply. This comes at an untimely moment, as cold temperatures across Europe are expected to cause a short-term […]
Venezuelan Production with US Sanctions Not Reimposed, Reimposed: Rystad
(Rystad Energy, 4.Apr.2024) — As the deadline for US sanctions relief on Venezuela ends on 18 Apr. 2024, the outlook for the South American nation’s oil industry appears uncertain. If the US does not reimpose sanctions, Venezuela could surpass the 1 million barrels per day (bpd) threshold as early as […]
Ukraine War Could Wipe Out 1 MMb/d of Regional Demand
(Rystad, 2.Mar.2022) — War in Ukraine could result in as much as 1 million barrels per day (bpd) of oil demand being removed from the global market, Rystad Energy research shows. The human and material costs of the conflict have been catastrophic just seven days into the military operation. Russia […]