WOOD MACKENZIE - The LNG Big Chill: Recent Episodes
Giles Farrer and Nicholas Browne
The LNG Big Chill gives a quick update on the latest news and price in the gas and LNG sector. A Wood Mackenzie podcast production.
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
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
Timings:
Intro 00:00
Prices 01:00
Market Oversupply 1:30
Impact of COVID-19 on Chinese gas demand 3:00
Impact of COVID-19 on other LNG market 07:10
US LNG Cargos Cancelled 09:17
Is this due to lower Spanish LNG demand or lower spot prices? 12:35
Spanish introduction of virtual LNG pooling mechanisms 14.42
New progress to Final Investment Decision at US LNG Projects 16.22
Wider Global LNG Final Investment Decision progress 23:20
Qatar Marketing Progress 25:20
Qatar Securing European Regas Capacity 25:50
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?
00.00 Intro
00.57 Prices
1.48 Japanese LNG Demand
1.48 Japanese LNG Demand Outlook
3.51 Nuclear Uncertainty impact on LNG demand
5.30 Expectations for coal fired power
6.45 Japanese Energy Policy
8.45 Tokyo Gas Shell Coal Indexed Contract
11.34 Japanese LNG buyer contract innovation
13.20 What Japanese buyers want in contracts and arbitrations
15.05 Canadian LNG Supply Outlook
15.48 Woodfibre Project
16.50 Cambrian Acquisition
19.10 Woodfibre LNG Contracts
21.42 Wider LNG supply business environment in Western Canada
23.30 How Canadian LNG can become greener
25.54 Other new project developments and innovation in project design and structuring
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 (Nicholas.browne@woodmac.com)
Giles Farrer (Giles.Farrer@woodmac.com)
Implications for Mozambique LNG from the tug of war for Anadarko. Outlook for Arctic-2 following Chinese NOC investments. Just how big will the LNG capex boom be? And one step forward, one step back for Japanese nuclear power. Produced by Wood Mackenzie