Liquefied natural gas

Shell forecasts LNG demand to grow despite Iran war volatility

It expects consumption to surge at least 45% from 2025 levels by 2050

The tankers' arrival should help ease supply tightness.

India in talks with Iran to secure safe passage for tankers

The ships are carrying crude oil, LPG and LNG, and have been stuck since US and Israeli attacks began late in February

At least nine LNG shipments bound for Europe have rerouted to Asia since the fighting began.

Asia’s LNG buyers hunker down for Middle East war lasting months

While prices have pulled back from a week earlier, they are still 80% higher than before the conflict began

Thailand’s state-owned PTT was seeking a LNG cargo for late March to early April, ultimately buying only one for March. 

Asian buyers struggle to find March LNG as supply remains tight

Countries including Thailand and Bangladesh are dipping into the spot market to safeguard near-term energy security

Indian companies have raised LPG prices for the first time in about a year, as the war boosts prices of the imports that fill two-thirds of annual LPG consumption.

Indian restaurants warn of shutdowns as Iran war makes cooking gas scarce

The country invokes emergency powers to boost domestic LPG production

Asia sources 60% of oil, petrochemical feedstock from Middle East.
NEWS ANALYSIS

Asia has limited options to diversify from Middle East energy reliance

Distance, refinery logistics, contracts and cost are factors

Singapore's electricity market was previously hit by the global energy crisis between 2021 and 2022, with large swings in wholesale electricity prices.

Singapore energy regulator cautions Gulf conflict could hike electricity prices; market players on alert

Meanwhile, petrol companies in the Republic have been quick to raise pump prices

Oil prices could exceed US$100 if a “larger disruption persists”, said one analyst.

Iran crisis puts Asia on alert for LNG scramble and US$100 a barrel oil

The region’s petrochemical refiners could also experience disruptions to feedstock supply

The court’s ruling could reduce the cost of building LNG plants and other large-scale energy infrastructure.

Trump tariff reversal could cut costs for US energy firms but will likely leave broader flows unchanged

[HOUSTON] The US Supreme Court’s Friday (Feb 20) decision to strike down trade tariffs imposed by President Donald Trump last year may ease costs for some oil producers and drillers, but experts and a...