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% […]
Natural Gas Markets are Getting the “Shoulder” Early this Year
Much press has been given recently to the fall in natural gas prices from January 2024 to February 2024 and conjectures abound as to what that bodes for the rest of what is now essentially “shoulder” season. “Shoulder Season” has long been referred to as the lull period between winter space heating demand and summer […]
Italy: A Major Gateway Between Europe and Africa
Italy is one of the largest consumers of natural gas in Europe and is also home to one of the ‘supermajor’ oil and gas companies known as Eni. However, along with the rest of Europe, Italy’s domestic demand for natural gas has been decreasing with consumption dropping in 2023 to the lowest point since 2015. […]
Ever Increasing U.S. Natural Gas Exports – for Now
The Biden Administration dropped a bombshell last week, announcing a pause to some natural gas export facility approvals and a review of how such projects are evaluated. Future evaluations of LNG Export facilities will “adequately account” for domestic energy costs and greenhouse gas emissions. How this pause impacts future industry developments is yet to be […]
