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 […]
Jazz in the Utah Gas Markets
Move over basketball, there is something else to be jazzed about in Utah, the gas markets. Like the champion Denver Nuggets, Colorado has long overshadowed its neighbor Utah as an energy producer, with its massive shale reserves and production in the billions of cubic feet a day – over 5 Bcf/d for Colorado vs Utah’s […]
LNG’s Role in a Realistic Energy Transition
Figure 1 – LNG Across the Globe. Source: Adobe Stock and Nasa Earth Observatory LNG Market Trends and Growth We are observing remarkable expansion and diversification within the global LNG market. It is projected that the market will grow from 400 million tons in 2023 to over 600 million tons by 2029. By 2032, it […]
Can Vietnam Make the Coal-to-Gas Switch?
Vietnam’s Power Crisis Last year brought particularly persistent blackouts to Vietnam, especially in the North, where the streets were darkened as the country faced a power crisis brought on by shortfalls in power generation and higher demand during intense heatwaves. The country is heavily reliant on coal and hydropower for electricity generation, but the blistering […]
Spain’s Role as a Natural Gas Importer and Re-Exporter
How Spain Uses Natural Gas Europe is one of the most important markets in terms of natural gas and is home to some of the largest consumers of the fuel in the world. Despite domestic demand falling slightly in recent years, Spain remains both one of the top consumers and importers in the region. Spain […]
China’s LNG Surge: Surpasses Japan as Top LNG Importer
China’s lockdown finally eased at the end of 2022 enabling economic activity to return and become more frequent in 2023. China’s natural gas consumption grew by nearly 8% in 2023, close to the pre-pandemic level of 9% growth in 2019. With the recovery of domestic gas demand, China’s LNG imports in 2023 increased by 18% […]
