Tremendous Investments into the Global Gas Market
Over $1 trillion is expected to be spent of beefing up natural gas and LNG within the coming years signaling even further growth on the horizon for gas which is already in great demand. Where is this money being invested? What will the results of the investments be?
This month we present diverse commentary covering the markets from North America to Europe and Asia. In addition to our usual articles, we are also incredibly excited to announce our natural gas and LNG seminar taking place in Houston on September 16th.
This month we present diverse commentary covering the markets from North America to Europe and Asia. We have a quick brief on China’s growing gas consumption; Saudi Arabia’s massive investments into natural gas and LNG; Key trends in the market that have set the tone for 2024; and demand projections for regions across the globe.
We hope you enjoy these articles and interviews created to give you greater insight into energy markets and the industry, all with the goal to increase your knowledge and help you make better energy decisions.
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Announcements
Join us on September 16th, 2024, in Houston, Texas, for a free insightful seminar hosted by RBAC. This event will delve into the latest trends and forecasts in the North American and global natural gas markets. Our expert speakers will provide a comprehensive outlook on natural gas and LNG and showcase our cutting-edge market simulation tools: the GPCM® Market Simulator for North American Gas and LNG™ and the G2M2® Market Simulator for Global Gas and LNG™
Register here: https://rbac.com/rbac-september-seminar/
Quick Brief - China's Annual Natural Gas Consumption Rose Across all Sectors in 2023
China is currently one of the market leaders in terms of demand for natural gas. Despite already possessing this crown, demand continues to increase with 2023 seeing increases in industrial, residential and commercial, electric power, and other sectors.
To meet this demand, China has been ramping up both domestic production as well as imports from pipelines and LNG.
Despite this rising production, China has seen the most growth in LNG imports of which the country became the largest importer in 2023, the second time it has held this title since 2021.
Asia will be a region to watch alongside other emerging markets as demand for natural gas and LNG continues to skyrocket.
Comprehensive Demand Projections and Evolving LNG Market Dynamics
The first half of 2024 saw incredible growth in demand for natural gas and LNG, particularly within Asia. RBAC’s global analysis team has recently updated demand forecasts for the G2M2® Market Simulator for Global Gas and LNG™ which provides a nuanced view of long-term demand growth and insights into the expected evolution of the market.
Read here: https://rbac.com/comprehensive-demand-projections-and-evolving-lng-market-dynamics/
Saudi Arabia Bets Big on Gas and LNG
After seeing great success in oil, Saudi Arabia is setting its sights on becoming a major player in the natural gas and LNG market. To this end, $100 billion is being invested in both domestic infrastructure and foreign infrastructure including U.S. and Australian LNG export facilities. With the goal of increasing gas production by 60% by 2030, how can this be met?
Read Saudi Arabia Bets Big on Gas and LNG to find out: https://rbac.com/saudi-arabia-bets-big-on-gas-and-lng/
2024’s Key Themes for Natural Gas and LNG
What are the key themes to emerge in Natural Gas and LNG so far in 2024?
Here what some industry experts from a variety of companies including the International Gas Union and RBACÂ have to say.
Read: https://rbac.com/2024s-key-themes-for-natural-gas-and-lng/
Essential Reading
Taken from the treasure trove of the writings from our energy experts. Here read technical insights and far-sighted analysis relevant through the lens of today’s energy.
A Deep Dive into Winter Forecast Impacts on LNG Trade
We are closing in on the final month of Summer! Let’s look ahead towards this coming Winter and see how seasonal based uncertainties can affect LNG trade.
Food For Thought
Read some of our engaging commentary on social media and join us in the conversation.
Domestic Energy Production and Affordable Energy Affect on Economic Activity
RBAC, Inc. is the market leading supplier of global and regional gas and LNG market simulation systems. The GPCM® Market Simulator for North American Gas and LNG™ is the most widely used gas market simulation system in North America. RBAC’s G2M2® Market Simulator for Global Gas and LNG™ is designed for forecasting gas and LNG production, transportation, storage, and deliveries across the global gas markets. These systems provide industry analysts powerful tools for supporting corporate investment and M&A strategy, achieving environmental and sustainability goals, risk analysis and trading.
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