LNG

The Spanish utility says it will now focus on short term supply

Demand is expected to rise by more than a tenth by 2024, rising to a height of 4.3 trillion cubic metres

Donald Trump’s Department of Energy has rebranded liquefied natural gas as ‘molecules of US freedom’

LNG supply is estimated to increase by 33 million metric tons per year in 2019

The government-backed Zhejiang Provincial Energy Group will receive one million metric tons of LNG every year

The pipeline creates a new gas supply corridor in the European market, connecting Poland and Denmark with Norway

The project consists of a 1.3GW CCGT plant, an LNG import terminal, a transmission line and the expansion of an existing substation

US and UK looking at Brexit contingency deal if LNG cargo routes are scuppered

It comes as the EU has seen a continued increase in imports of LNG from the US, rising by 181% over the last six months

The energy giant says more investment is needed in LNG production projects