Natural Gas Price Predictions for 2025: A Bullish or Bearish Market?
Natural Gas Market Insights from RBAC’s 24Q3base Release How Confident Are You? As we head into the 2024/25 winter season, the natural gas market appears to be staring down the barrel of yet another mild winter and loose Supply/Demand (SnD) balances. The El Niño of yesteryear is now replaced by a La Niña and although […]
Renewables, Reality and Evaluating the Global Energy Transition
Last year, RBAC’s James Brooks wrote the article, “Has the Energy Transition Been Cancelled?’[1] about the progress being made towards a global energy transition and whether the various goals outlined by countries around the world would actually be met by their target dates. There he pointed out that despite massive investments into renewable sources of […]
New Trader on The Block
Boy bands may be making a comeback, even if it is only for laundry detergent commercials. But in the natural gas trading world, producers’ actions, or reactions, seem to be occurring more rapidly than previously thought. The implications on supply response to price, “elasticity” in the econ world, can certainly change the shape of short […]
Saudi Arabia Bets Big on Gas and LNG
Saudi Arabia is primarily known for its vast oil reserves which has contributed to the rapid economic development in the country. Saudi Aramco (also Aramco) has grown to be one not only the largest energy company in the world, but one of the largest across all industries. Figure 1 – The largest companies in the […]
Türkiye’s Gas Goldmine in the Black Sea
With production ramping up at the Sakarya gas field in the Black Sea, Türkiye (Turkey) is looking to beef up its natural gas industry as the nation plans to move away from past reliance on Russian gas. Domestic production within Türkiye saw massive growth between 2023 to 2024 and is now the highest in the […]
Qatar’s Plans for Vast LNG Expansion
Qatar’s Vast Reserves It is no secret that Qatar is one of the most important countries in the world when it comes to oil and gas. As of December 2022, Qatar had 843 tcf of estimated proven gas reserves, placing third after Russia and Iran and equaling 11% of the world’s proven reserves. However, Qatar […]
Europe’s RNG Objectives: Aspirations Run into Hard Realities
The European Green Deal, presented in 2019, aims to handle the climate crisis by reducing net greenhouse gas emissions, with the ambitious goal of achieving net zero emissions by 2050. One of the plans under this initiative is REPowerEU, announced in May 2022. REPowerEU focuses on saving energy, diversifying energy supplies, and producing clean energy. […]
Japan’s Future Energy
Japan’s Future Energy Key Takeaways from the Japan Energy Summit Discussing the future of energy, Japan Energy Summit & Exhibition was held in Tokyo and concluded on June 5, with the main focus on Asia’s LNG supply flexibility and demand growth, Hydrogen, ammonia, and e-methane’s impact on Japan’s energy mix, and the key technology to […]
A Tale of Two LNG Importers: Japan and Taiwan
A Contrast in Energy: The Land of the Rising Sun and Ilha Formosa Japan and Taiwan show some similarity in their energy mix and policies, particularly in their high demand for LNG imports and their efforts toward decarbonization; however, the approach of each toward nuclear power is quite different and this fundamental difference affects their […]
Charting New Horizons in LNG Demand and Energy Transitions
Figure 1 – Regional Natural Gas Consumption (BCM). Source: G2M2® Market Simulator for Global Gas and LNG™ The Demand for Adaptation The global gas and LNG markets continue to adapt to the shifting winds of economic, environmental, and technological innovations, programs and policies. Through the hard work of RBAC’s global analysis team in compiling the […]