Centrica and Repsol strike LNG deal

Centrica Energy and Repsol have inked a deal, with one million tonnes of LNG shipments scheduled between 2025 and 2027, aimed at the Grain LNG import terminal in Kent

Shell, Equinor and bp secure key stake in UK’s mega oil and gas licensing round

Twenty four licences have been offered to seventeen companies, including industry leaders

“Record gas storage positions EU well for winter and beyond”

Moody’s analysis indicates that the EU’s record high gas storage, reaching around 97.5% by the end of November, positions it well for the upcoming winter with minimal energy shortage risks

Slower growth ahead for global gas demand

The global gas demand is predicted to decline from an average of 2.5% per year between 2017 and 2021 to a projected 1.6% per year between 2022 and 2026, according to the IEA

German North Sea LNG terminals begin capacity auctions

Deutsche Energy Terminal GmbH is set to hold its inaugural auctions for regasification capacities at two terminals on the German North Sea coast

Strikes rock global gas prices

Strikes at Chevron’s Australian facilities cause significant gas price fluctuations in global markets

UK gas prices surge amidst threat of strike at Australian LNG plant

Wholesale gas prices surged in Europe today as potential strike at Australia’s North West Shelf LNG plant looms

UK gas price surge amid Australian LNG facility strike uncertainty

Wholesale gas prices in Dutch and British markets spike as strikes in Australian LNG plants await confirmation

Centrica inks 15-year LNG supply deal

The energy giant’s agreement will ensure the delivery of approximately 14 cargoes per year, supplying enough energy to heat 5% of UK homes

UK gas supplies secure for summer

GB gas demand is expected to be primarily met by supplies from UKCS and Norway this summer, with the balance secured from LNG, according to National Gas Trasmission