India’s Resounding Resilience in LNG Imports
Even though COVID-19 related demand reductions heavily impacted Liquefied Natural Gas (LNG) demand across the world, India experienced a rise in LNG and overall demand throughout 2020. This has resulted in analysts across the market believing India, globally the 4th largest importer of LNG, could see a continued growth through 2021 and beyond. India took […]
Severe Hangover Cure = Time, Prudency, and Plenty of Liquids
It may seem hard to imagine that almost one year ago, Covid-19 was just hitting newswires and was believed to be not much more of a concern than a tough flu season. Evidence of human-to-human transmission was just being established, and it would still be a few months before the World Health Organization (WHO) declared […]
Winter Asia LNG price creates a big bang and what do we learn?
There are two fundamental reasons for such market dynamic for Northeast Asia market: First, Asia has large seasonal swings of demand with high dependency of imports. Large demand with high seasonal changes could be solved by sufficient and reliable supply. For example, Russia has high seasonal swing of demand, but it has also sufficient domestic […]
Refinitiv-RBAC 2020 Winter Global Gas Balance Forecast
Facing the unprecedented uncertainties in 2020, Refinitiv and RBAC team jointly developed a 24-month forecast, exploring the interconnection between regional markets from both fundamental drivers and weather sensitivities. Utilizing RBAC’s G2M2® Global Gas Market Modeling System™, Refinitiv and RBAC explored the changing dynamics between US, Europe, and Asia LNG markets in terms of prices and […]
“Are We There Yet?” RBAC’s 20Q3 Natural Gas Market Outlook Takes a Road Trip Through Supply/Demand Balances
The Covid-19 pandemic has led to dramatic shifts in lifestyles, business operations and energy utilization. With the implementation of mandated lockdowns, unemployment increased substantially as did remote working, for those jobs and businesses that were capable of such operations. This created a shift from commercial to residential energy demand while also adversely impacting industrial and […]
Hurricane Proof part 2 – How about LNG Facilities?
Red Sky at Night, Sailor’s DelightRed Sky in Morning, Sailor’s Warning Just a few weeks ago, RBAC published “Has Shale Production made us Hurricane-proof?” which examined how hurricane damage comparable to the 2005 Katrina and Rita storms might impact the natural gas markets today. This analysis coincided with what was feared might be a 1-2 […]
Has Shale Production made us Hurricane-proof?
In 2005 two major hurricanes, Katrina and Rita, hit the Gulf with devastating consequences to residents and regional energy infrastructure. The resulting shut-ins, temporary and permanent damage to infrastructure and plants along with evacuations caused natural gas prices at Henry Hub, already much higher than today, to skyrocket to levels nearly double July 2005 prices. […]
Methane vs Hydrogen vs CH4-H2 Mixes
It’s useful to get an idea of the relative size of markets for commodities of interest and their products (and byproducts). What’s hot now and likely to remain hot for the foreseeable future is hydrogen. According to data provided by RBAC’s G2M2® Global Gas Team, the International Energy Agency (IEA) has estimated global demand for […]
A Curse or a Blessing? RBAC’s 20Q2 Natural Gas Market Outlook Speaks Volumes
May you live in interesting times. Wikipedia suggests this is “an English expression that purports to a translation of a traditional Chinese curse”; seemingly a blessing but with ironic overtones. How true this proverb is and how interesting the current times are, if interesting is even the appropriate adjective. Since our last quarter’s outlook, we […]
In Like a Lamb, Out Like a Lion: RBAC’s 20Q1 Outlook
Occasionally, what appear to be relatively insignificant events metamorphosize into shockingly strong market impacting chaos. The events over the last three months truly reflect the saying “In Like a Lamb, Out Like a Lion” and are captured in the release of RBAC’s 20Q1 GPCM® Natural Gas Market Forecasting SystemTM outlook. This update includes major revisions […]
