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Tag: LNG supply

  • Commodity Market

Natural gas fell due to lower LNG exports and mild weather forecasts

Mahalakshmi@fastura.com3 months ago01 mins

Natural gas prices fell by 6.67% to settle at ₹330.2 due to weaker short-term demand forecasts, mild weather, and a drop in LNG exports. Despite a dip in production, bearish sentiment dominated the market. The average output in the lower 48 U.S. states slipped to 105.7 billion cubic feet per day in April, slightly below…

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  • Commodity Market

Record LNG Flows and Rising Natural Gas Demand Are Anticipated

Mahalakshmi@fastura.com4 months ago01 mins

Natural gas prices rose by 9.1% to ₹387.3 due to record flows to LNG export facilities and higher-than-expected demand forecasts for next week. Despite near-record output and mild weather projections, gas demand in the Lower 48 states is expected to fall from 118.8 bcfd this week to 115.2 bcfd next week. Weather forecasts indicate temperatures…

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  • NYMEX Market

Shell predicts a 60% increase in LNG demand by 2040

Mahalakshmi@fastura.com4 months ago01 mins

Shell’s LNG Outlook 2025 predicts a 60% rise in global demand for liquefied natural gas (LNG) by 2040, driven by Asia’s economic growth, decarbonization in industry and transport, and the impact of artificial intelligence. The forecast predicts global LNG demand to reach between 630 million and 718 million tonnes annually by 2040, a higher forecast…

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