LNG demand is expected to show impressive resilience in the face of COVID-19 pandemic, according to a forecast by IHS Markit
Gas
SDX Energy announces commercial gas discovery at Sobhi well in Egypt
SDX Energy, a London based international oil and gas exploration, production and development company with a principal focus on the Middle East and North Africa, has announced a commercial discovery at Sobhi well in Egypt
Total charters its first LNG-powered very large crude carriers
Supermajor Total has signed a pioneering agreement to charter its first two LNG powered very large crude carriers (VLCCs)
Global natural gas prices expected even lower in 2020: Rystad Energy
The world’s demand for natural gas is being impacted by the COVID-19 pandemic, and although it will not be curtailed to the same extent as oil, Rystad Energy estimates international gas prices will reach lower averages than previously expected in 2020
Gas sector faces unpredictable year: Wood Mackenzie
Coronavirus, sustained low oil prices, and LNG oversupply weigh on the gas sector this year, Wood Mackenzie said in its latest short-term gas and LNG outlook report