WOOD MACKENZIE - The LNG Big Chill

In this episode we are talking about: How the oil price crash and coronavirus and gas is changing the market. In Asia we are covering how the Chinese gas market is recovering, what lockdown means for Indian LNG demand and the potential for coal to gas switching in Japan and South Korea. In Europe we are talking about how far gas demand will fall this quarter and the implications for storage. We are also looking at how the global LNG supply outlook will change.

Timings:

00.00 Intro

00.50 Prices

1:49 Chinese Gas and LNG Demand Growth

4.14 Pipeline imports down - LNG imports stay strong

6.00 Longer term Chinese Demand Outlook

8.00 Indian LNG imports down

9.58 Is there potential for upside in Japan and South Korea from Coal to gas switching

13.30 The impact of Coronavirus on European Gas Demand

18.00 European Gas Storage at record highs

20.30 LNG Supply impact near term

24.00 Delays to under construction LNG projects

25.40 Which pre FID LNG projects will still go ahead

In this episode we are talking about: How the oil price crash and coronavirus and gas is changing the market. In Asia we are covering how the Chinese gas market is recovering, what lockdown means for Indian LNG demand and the potential for coal to gas switching in Japan and South Korea. In Europe we are talking about how far gas demand will fall this quarter and the implications for storage. We are also looking at how the global LNG supply outlook will change.

In this episode we are talking about; How Covid-19 is hitting an already over-supplied LNG market, whether we will see more cancellations of US LNG cargoes, what this uncertainty means for US LNG Final Investment Decisions and how Qatar Petroluem is securing more European regas capacity.

Today we are talking about how much upside South Korea new power police will create for short term LNG demand, the potential for under-utilisation of US LNG facilities and how much LNG Europe can take this winter.

LNG is cleaner to burn than other fossil fuels but how can LNG reduce it’s environmental impact?

A deep dive into China’s LNG market. Is it slowing down and if so by how much? We assess the ongoing development of gas trading. Will companies start to seek to include local hub pricing into international contracts? And examples of the non-stop dynamism and innovation we see.

What will impact LNG demand in the worlds largest market? How Japanese buyers are changing the way they buy LNG? How the Western Canadian Woodfibre project is getting closer to sanction and what other factors are driving a rosier picture for future Western Canadian LNG projects?

Mozambique LNG final investment decision announced. Meanwhile, US LNG activity continues to ramp up with the FID at Sabine Pass Train 6 and Saudi Aramco investing into Port Arthur.

Hosts:

Nicholas Browne ([email protected])

Giles Farrer ([email protected])

Are governments doing enough to attract gas investment in Asia? Andrew Harwood, Graham Kellas and Nick Browne discuss our latest views on policy supporting investment in gas supply in Asia Pacific.

Click for a complimentary copy of our insight "Stepping on the gas: are Asia Pacific governments doing enough?", or visit woodmac.com to see our latest research on the energy sector.

Analysts from Wood Mackenzie and our sister company, Verisk Maplecroft, discuss how Mexico's new president is waging a counter-energy reform