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Feature -- 2018 Oil & Gas Outlook: Asia

January 24, 2018
After a winter of record high LNG prices, the Asian markets are bracing again for another year of structural oversupply, as the strength of China and emerging Asian markets seems insufficient to bridge the gap between growing global supplies and declining consumption among legacy Asian buyers.
Asia LNG faces headwinds on rising global supply, falling legacy consumption
Also in this feature
South Korea’s LNG demand unlikely to rebound in 2018
South Korea’s LNG demand unlikely to rebound in 2018
South Korea's LNG demand is unlikely to rebound in 2018 because the new government has softened its stance against the country's heavy reliance on coal and nuclear for electric power generation.

News Headlines

London (Platts)--19 Feb 2018 606 am EST/1106 GMT
The timing of the final investment decision for the planned 6.1 Bcm/year floating LNG import facility at Alexandroupolis in northern Greece has slipped to late 2018, one of the project partners said late Friday, as the developers look to begin commercial operations at the project at the same time as other new gas import infrastructure.
Houston (Platts)--16 Feb 2018 348 pm EST/2048 GMT
The NYMEX March natural gas futures contract Friday continued the month's downward trend, settling 2.2 cents lower at $2.558/MMBtu, as outlooks for warmer weather, rising production and decreasing demand again weighed on prices.
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February 12, 2018
US oil output is already shattering records and, fueled by dramatic growth in the Permian, is expected to exceed 11 million b/d by late this year.
January 29, 2018
Capitol Crude looks at the Trump administration’s plan to open nearly all federal waters to oil and gas drilling and Interior Secretary Ryan Zinke’s sudden and unusual decision to exempt Florida from the proposal.
December 18, 2017
Global policies to cut shipping emissions could create massive new demand for LNG as a bunker fuel, with Europe in particular planning to invest nearly $2.4 bil in LNG refueling infrastructure at both sea and inland ports to 2030.
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The Barrel Blog

February 01, 2018
The commoditization of the global LNG market has had implications across several associated industries, ranging from the gas-fired power sector to seaborne gas transportation.
February 01, 2018
There is no question that China is combining industrial and environmental policies in a way that is more radical than most, if not all, Western governments.
January 31, 2018
Platts JKM, the benchmark LNG spot price, has revealed three important surprises over the past three years. Marc Howson, Director, LNG Market Development blogs for The Barrel.
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North American Natural Gas Markets methodology

Published December 2017

Platts' methodology for assessing North American gas markets has developed over a number of years and draws on our experience in the global energy markets. Platts sets great importance on producing independent reports and assessments.

North American Natural Gas Markets methodology

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