The LNG Wrap: Recent Episodes
lngwrap
In this new content offering from the World LNG & Gas Series, Pat Roberts rounds up key LNG & Gas moments from the week and discusses what they mean for the industry.
This week, Patricia Roberts discusses the latest IEA global gas outlook to 2025 with Akos Losz. Themed “The Revision”, Pat and Akos also talk about the LNG prospects within this report.
This week, Patricia Roberts uses the theme of “The Half Way Mark” in the year, to pause and talk to David Ledesma about his perspectives and insights for Global LNG and how the business may develop.
This week, Patricia Roberts covers various LNG projects which are on the move, signing new contracts, taking FID, selecting equity partners. Good horizons are developing for the business, though in the short term, it is increasingly stretched to cover growing European demand.
This week Patricia Roberts talks to Dr. Michal Meidan, Director of the Gas Research Programme at the OIES, about the new current context for China’s gas and LNG demand.
Whilst the Ukraine crisis has dominated headlines for nearly four months, there is an important issue of China’s policies towards gas which needs to be understood.
Join us for the LNG Wrap podcast this week which is themed around “Beware the strain on shipping”.
For a variety of reasons we will be hitting constraints on both the availability and costs of LNG shipping over the short - medium term which may start to impact project plans and keep spot rates firm. The players who have secured shipping early are positioned to do well.
This week, Patricia Roberts refers to the sixth package of economic sanctions the EU is imposing on Russia and its consequences.
Here is this week’s #LNGwrap podcast with Patricia Roberts, themed around “the rebalancing act “.
It covers the logistic challenges in ramping up LNG imports rapidly in Europe and the consequences of several supply demand imbalances which result from it.
This week Patricia Roberts invites Gavin Thompson from Wood Mackenzie to discuss “Joining the Dots in Energy Transitions”.
The world is on a different trajectory to that set after COP26 with energy security taking centre stage - even though the Energy Transition is accelerating.
Listen in to Gavin’s views on how LNG fits into the Global Energy Transition.
This week Patricia Roberts chooses the theme of “Eye Grabbing Headlines” - coming from analysts discussing the development of energy prices. These have become a feature of current reporting. Yet there is seldom much follow through of what can be done to mitigate fossil fuel inflation. Working through the news, it seems evident there are lots of initiatives to boost LNG, both short term and longer term.
This week, Patricia Roberts focuses on “Signing Up” where we see decisive actions by LNG players to sign up for long term LNG supplies, new import infrastructure and innovative ideas to fast-track LNG supply.
This is the 100th anniversary edition of the LNG Wrap.
Patricia Roberts discusses why we started the wrap and reflects on the times she has referred to all sorts of “100 milestones" relating to the Global energy environment and LNG stats.
This week, Patricia Roberts talks with Akos Losz from the IEA about their latest global gas forecast for 2022.
Titled “The Challenges Of LNG SD Forecasting", this is quite possibly the most disruptive geopolitical and business environment ever to be forecasting! Nevertheless, we cover some of the current thinking in the IEA, as they set out their key assumptions for Global Gas development.
In this week’s LNG Wrap podcast, Patricia Roberts looks at the effects of 50 days of war and the news and developments in Global LNG.
These last 50 days have been a period of tragic daily news for the people caught up in the Russian invasion of Ukraine, its included failed peace talks, and very mixed messages from Russia and Ukraine over what has been achieved.
Patricia Roberts covers the week’s LNG news in the context of "Now Is The Time”.
LNG has received the clearest, most compelling opportunity to play its role as a transition fuel for Europe.
In this week’s podcast, Patricia Roberts looks at “Facing The New Frontier”, as Europe reconfigures its gas supply.
It is a unique challenge and one which requires LNG to step up to participate fully.
In this week’s LNG wrap, Patricia Roberts talks about "All hands on deck” to RepowerEU.
New levels of cooperation and collaboration are being adopted to diversify quickly from the EU's reliance of 40% of its gas/LNG annual imports from Russia.
This week’s podcast is titled “Brace and Adapt”
Patricia Roberts discusses with Rob West (CEO Thundersaid Energy), the macro energy outlook, balancing supply and demand and from this, his views on the pragmatic consequences for Global LNG
In this week's podcast, Patricia Roberts discusses 'Power Shifting" which includes: the West imposing more sanctions on oil and gas, a Repower Eu initiative and 3 new USLNG projects close to FID which are starting site works.
In this podcast called “Shockwaves”, Patricia Roberts discusses the terrible conflict between Russia and Ukraine, the response from the UN and western countries and the early consequences we are seeing in the global LNG business.
Our sympathy goes out to all the families caught up in this conflict through no fault of their own.
This week’s podcast is themed “Under Pressure” as a Russian military invasion of Ukraine forces the world to respond.
Patricia Roberts looks at some of the short-term consequences for Gas / LNG and industry players as the situation unfolds.
In this week’s podcast, Patricia Roberts talks about “Finding the edge”
Have you been inspired by the skill and determination of athletes at the Winter Olympics to push the boundaries?
Well, we too in LNG have pushed the boundaries and improved LNGs credentials as a transition fuel.
In this weeks LNG Wrap Patricia Roberts centres the theme around...Seize the day …. Secure the gas!
This weeks news illustrates the growing ties between Russia and China for pipeline gas, buyers signing up more LNG term contracts and how USLNG is expanding.
This week Patricia Roberts discusses with Akos Losz from the IEA their 2022 LNG forecast - which despite uncertainties, demonstrates “good grounds for optimism“.
In this week’s podcast, Patricia Roberts focuses on “Pragmatism” as the basis on which the business can manage both the current short term dynamics and uncertainties and the long term business outlook for energy transitions.
This week Patricia Roberts looks at the theme “Time to step up” for governments to support LNG as a transition fuel and make energy transitions a reality and for LNG companies to follow through with a variety of expansion plans. Covering the news for the week illustrates that several LNG players are getting ready to do just that.
This week Patricia Roberts covers the theme of “Axes” -and illustrates from the week’s news how new axes of trade and relationships are developing in response to a complex and challenging business environment
Here is the first LNG wrap podcast of the year
Patricia Roberts discusses the 4 cornerstones that are likely to define the global business in 2022 along with the latest news from the week.
In the last LNGWrap podcast for the year, Patricia Roberts uses the theme of “Christmas Wrapping” to summarise some big takeaways from the year as well as a summary of this week’s Global LNG news.
Join Pat Roberts for a summary of this week's LNG news of how some companies are seizing the initiative to expand their market share
In this podcast, Patricia Roberts summarises some of the key takeaways from COP26 and how they are creating the opportunity for global LNG to grow responsibly by cleaning its supply chain and providing a viable alternative affordable fuel to coal.
The theme for the next 2 podcasts is “Renaissance” where we look at the impact of COP26 and the chance for LNG to provide a pragmatic solution as a transition fuel towards Net-Zero.
We bring you some of the early pledges from COP26 along with a lot of global LNG news.
Listen Now!
This week Patricia Roberts covers the run-up to COP26 arguing it’s time to act collectively to keep a 1.5 degree C temperature rise alive!
She covers this plus all that is happening in Global LNG news this week.
In this week’s LNG wrap Patricia Roberts asks: What’s in a name?
As we embark on Energy Transitions, Companies are changing their names and identities and even politicians are giving their countries new descriptive titles!
Join us for the news this week and its potential impact on Global LNG.
This week the LNG Wrap features an interview with Akos Losz from the IEA who discusses their outlook for Global LNG in 2022 - which they see rebalancing itself and cooling down following several disruptive events in 2021.
Do you agree?
Tune in and listen to their latest views
This week on the LNG Wrap podcast, Patricia Roberts looks at the reframing of spot gas prices and considers what may be next for LNG prices going into the Northern Hemisphere winter, in a period of exceptional volatility.
Plus we cover other news which is supportive of the growth in LNG long term.
This week on LNG Wrap, Patricia Roberts looks at the sharp rises in spot prices, which has everyone asking is this a spike or a sustained surge in pricing?
The podcast considers 3 different perspectives that consultants are discussing in the news right now - but tries to get to the heart of what’s happening and what may happen next.
Plus we cover the launch of a new spot price pricing index in China and much more!
This week’s LNG wrap podcast is turned around pressure bursts pipes or makes diamonds!
Join Patricia Roberts for the latest news and views on factors affecting the global LNG business.
The LNG wrap welcomes Gavin Thompson from Wood Mackenzie to discuss the upcoming COP26 meeting in November, what may develop and what it could mean for the global gas and LNG industry.
This week you’ll see from Patricia Roberts’s news roundup, it's not just temperatures that are breaking world records!
Globally the vaccine rollout continues against Covid 19, Global GDP is back to pre-pandemic levels and LNG spot pricing is sizzling whilst price arbitrage profits are soaring. We’ll cover the latest short term trends and the longer term LNG outlook.
This week’s podcast centres around the theme of “Back to the Core,” as LNG faces up to challenges throughout the supply chain.
In Australia, Santos is being challenged in court over its plans to get to Net Zero and LNG’s credentials as a clean fuel. In Mozambique, the challenge of constructing a greenfield project is being tested while in Japan, METI recognises the fragility of supply security issues and the need for closer management. Listen in to this week’s round up of the global LNG news.
This week, Pat looks at how the global LNG industry can be stronger together. Topics include the Woodside BHP merger, adopting CCS in the LNG supply chain, Supply demand trends and much more!
This week, Pat chats to Rob West, Founder of Thunder Said Energy about all things energy transition. He has a tremendous grasp of all issues in energy transitions from innovation, technology to Net Zero.
On this week's podcast, Pat frames the IPCC report issued this week and looks at what LNG can do to help with energy transitions and lower global GHG emissions responsibly.
This week, Pat invites Melissa Lindsay of Emsurge/ Emstream to discuss her views on Carbon Neutral LNG and how it is currently being developed. What precisely is a Carbon Neutral LNG cargo? Is it defined rigorously enough that it contributes meaningfully to the reduction in global warming? And what are the essential elements that need to be scaled up so that we encourage the correct behaviour in companies who want to transition actively to Net Zero?
Inspired by the performance of Olympic athletes who relentlessly push to be the best versions of themselves, this week's LNG Wrap is all about how the global LNG industry needs to do the same. With companies pioneering and setting trends, collectively the push is on for LNG to clean up its own supply chain and provide clean, affordable and reliable energy year in, year out.
Whilst we've all been basking in a heatwave, the heat has also been on the global LNG business. From sweltering heat, floods, CO2 emissions set to rise, problems at Gorgon's CCS and insights into Japan's latest energy policy, Pat wraps it all up, alongside latest news and trends in the latest episode of the LNG Wrap.
Following 50 years of growth and continuous improvements in technology, LNG must now reduce it's own carbon footprint in order to ensure a successful next phase of its business. In this week's #LNGWrap, Pat covers various streams of news relating to cleaning up the LNG supply chain and new trends emerging.
The IEA have released the world’s first comprehensive study of how to transition to a net zero energy system by 2050 while ensuring stable and affordable energy supplies, providing universal energy access, and enabling robust economic growth.
We were delighted to welcome Akos Losz, Energy Analyst at the IEA back to the podcast this week to discuss this roadmap, which examines key uncertainties, such as the roles of bioenergy, carbon capture and behavioural changes in reaching net zero.
Half way through the year already and we are on episode 60! This week, Pat summarises where we are at in regards to energy transitions and the pathway we are currently on.
Half way through the year already and we are on episode 60! This week, Pat summarises where we are at in regards to energy transitions and the pathway we are currently on.
With more LNG companies are starting to offer carbon emissions data for their customers, this week's podcast is centred around recent clean LNG news and trends. Pat asks, should we reserve the label of carbon neutral LNG for cargoes whose full chain emissions have been offset, not just a partial offset from well to tank?
Acronyms are flying around in our business recently, and some need explaining in terms of how they are going to fit into the global LNG news. In the latest eposide, Pat breaks down these acronyms for us. We also look at the latest energy news to come out of G7.
Whilst some companies are revving up to monetise gas reserves quickly and decisively, others are signalling they are cooling off from LNG and moving their investments into more experimental technologies.
This week we are lucky enough to have Vincent, Secretary General of GIIGNL to discuss the growth in spot and short term LNG sales in 2020 and what his views are on upcoming trends. We also hear first hand about the new framework GIIGNL are introducing on carbon emissions.
Running a large energy business today is not dissimilar to having to be good at lots of different skills, all at once - just like heptathletes. Most energy companies who own or manage an LNG portfolio, regard LNG as an investible fuel with long legs. But, energy transition is going to create challenges for several companies. Is LNG going to be the high jump discipline, or the hurdles?
How many LNG players were really prepared a year ago for the huge changes which were coming to our business as a result of COVID-19 and the acceleration of energy transitions? In this week's episode, Pat looks at the ups and down that the global LNG business is facing when coming out of the pandemic.
This week, Pat chats to Saima Yarrow of MiQ (Methane Intelligence) about the current challenge to inform suppliers and buyers of methane emissions associated with their LNG supply chains and also how to reform these through methane abatament activities. It's a big topic, but it helps to understand how much work is going on to bring consistency and transparency to recording methane emissions from an independent organisation.
This week's episode is our 52nd, meaning we've been running the LNG Wrap for one whole year! To celebrate, in this special episode, Pat summarises the 4 biggest themes in Global LNG today and takes a look back at what she's learnt over the past year of podcasting. Happy First Birthday #LNGWrap
This week, Pat looks at what it means to work in global energy businesses that have to deliver results year in and year out in order to remain viable and attractive to investment, but at the same time changing direction much faster than we imagined. Pat believes if you're up for the challenge, the global LNG sector will be a very positive sector to work in.
This week we are delighted to welcome back Akos Losz, Energy Analyst at the International Energy Agency, to discuss their new Global Energy Review. As the world enters a second year of the Covid-19 pandemic, the annual Global Energy Review assesses the direction energy demand and carbon dioxide emissions are taking in 2021.
Gone are the days of "me and my company". It's now all about collaboration, sharing talent and skills and redrawing investment criteria as we take up the challenge to move to low carbon affordable energy. Hear Pat's thoughts on how the global LNG business is moving towards a mutual interests approach in this weeks LNG Wrap.
This week, Pat reflects on how complex the past year has been for the global LNG business. Pat believes it is the enormity of energy transitions providing challenges, rather than just the ongoing affects of COVID-19. It's clear that whatever low carbon energy you back, global demand will increase more than ever over the next 10 years. Logically, gas & LNG should be the fuel that will fill the gap.
As you can guess, there are a few associations within the global LNG business right now that suit this week's theme - stuck in the middle. Pat brings you news this week from QP, Next Decade and of course, we couldn't not mention the recent Suez Canal disruption!
Leaders; our industry attracts them, you can identify them through clear actions and the fact that they take decisions early. Frequently ahead of the trend, and sometimes even setting new ones. This week, Pat pays homage to some of our industry's greatest leaders.
This week, Pat starts the podcast with a bit of advice from her dad, who would have been 100 this week! What do you think today's energy companies will look like in another 100 years?
Ahead of the 18th World LNG & Gas Series: Americas Summit & Exhibition to happen in-person on 2-4 November 2021 in Lake Charles, we invited Mayor of Lake Charles, Nic Hunter onto the LNG Wrap to chat with Pat about the exceptional disruptive circumstances that have hit the region and how the LNG industry has shown resiliency.
This week, Pat takes a look at findings to come out of reports from Shell, Wood Mackenzie and Cedigaz. With some very different views it makes for an interesting discussion!
Fixing a hole – not just a great Beatles song – but a theme for showing you how LNG can fill the gaps between where we are and where we want to be in terms of Midterm energy transitions. As well as micro and macro news, this week we bring you plenty of LNG success stories from the week.
LNG has to stay relevant as a transition fuel, and with the lastest news coming out of the EU Green Deal it is vital that our business moves fast in the 2020s. There is no time to stand and wait on deciding what to do next
Episode 40! Some say 40 is a time for a mid-life crisis. But that's not the case for LNG as it is finding a new purpose - big money, big ideas and big effort.
Whilst some analysts are already predicting an economic upturn this year, Pat believes it's too early to say whether LNG will see any growth. In this fragile situation, the key theme for this week's podcast is 'hold your nerve'. Listen on to see how this theme prevails throughout both the macro and micro business environment.
This week we are delighted to welcome back Akos Losz, Energy Analyst at the International Energy Agency, to discuss their new Gas Market Report for Q1 - 2021. After an unprecedented drop in natural gas demand 2020 closed with a rapid recovery in gas prices as a rise in winter demand tightened supply. A similar pattern held in the first weeks of 2021 with cold snaps bumping gas prices in Europe to their high winter levels and spot LNG prices in Asia broke historical records. Listen on for more insights.
As outgoing President Trump flew off on Air Force One to Florida, the incoming President, Joe Biden, eloquently set the scene for a new way forward for the USA. This week's LNG Wrap looks at this macro news, and what impact the change in US politics could have on the LNG business.
Just 2 weeks into the new year, and who would have thought spot Asian prices would be close to $40 per MMBtu? Having never seen a spike like this, this week's LNG Wrap looks right where the action is in the micro short-term dynamics of the global LNG business.
Happy New Year! Welcome back to your weekly fix of LNG news and updates. This week, Pat looks ahead to 2021 as a year of 2 parts. Part one being right now, with the COVID-19 struggle still strong, and part 2 seeing breakthroughs and a return to normality, whatever that may be. Stay tuned for LNG macro and micro news, trends in LNG demand and also some big company news.
In our last LNG Wrap of the year, Pat discusses what 2020 has meant for the LNG business. She also looks ahead to the future. The general concensus is that LNG will remain highly relevant and a big part of company portfolios well into the 2030s.
With the good news of an available vaccine in the UK, Pat looks to the future. Also on the agenda are energy transitions, and we look at some discussions that came out of last week's World LNG Virtual Summit.
The theme this week is grow, consolidate, grow! Alot of companies now are trying to consolidate their positions, whilst trying to give themselves a platform to grow when COVID-19 loosens its grip. There's also a lot of big company news this week, including S & P Platts, and a Tellurian reshuffle.
This week we take a look at the 62 companies who are pledging to lower their methane intensity to 0.2% by 2025. Being referred to as the new gold standard for methane emissions reporting, The Oil and Gas methane partnership (OGMP) 2.0 framework is a collaboration from the UN Environment, environment defence fund and the EU commission, to agree on how to measure, monitor, report and cut back methane leaks. Listen now to hear more about this, as well as the latest LNG stats & trends and short term dynamics.
You wait ages for a bus and then 3 come along together – so too it seems with the COVID-19 vaccine. On this week's LNG Wrap, Pat looks at whether we might be able to loosen the grip the virus is having on our lives. Don't miss out on the latest macro news, as well as LNG stats and trends.
It may be Friday 13th, but we're looking at good news only this week and the theme of hope! With postive news this week of the imminent arrival of a COVID-19 vaccine, Pat looks at what this encouraging news means. Looking at big company news, we discuss QP's new trading division - a well timed initiative.
Now that the US Election seems to be over, Pat looks at what already know, and what the next 4 years may look like for the global energy industry. One thing is for certain: the US relationship with China is going to be key.
With 5 days to go until November 3rd, and around 80 million people having already voted, Pat takes a look at what the outcome of the US election could mean for the global LNG business going forward. We also take a look at some of the key findings to come out of the Mozambique Gas Virtual Summit this week.
Following on from PetroChina's announcement at the China LNG & Gas Summit this week that they expect overall gas demand in China to double in next 15 years to 600bcma, Pat looks at what China needs to do to acheive this and the positive affects this has on our business.
This week, alongside their World Energy Outlook, the IEA also released their Global Gas Security Review for 2020. We were delighted to have Akos Losz, energy analyst at the IEA on the podcast to discuss the LNG features of the report as well as the macro trends the IEA see developing withing the global LNG business
This week, alongside news on LNG stats & trends, supply and demand developments and the short term market, Pat chats with Martijn Murphy from Wood Mackenzie about the challenges being faced in Mozambique and what potential there is for exploration in the future.
This week, Pat discusses a recently awarded spot LNG tender by Petronet, the first of it's kind, and what this could mean for spot prices in the region. We also take a look at what the New Gas Year, commencing 1st October, will bring.
This week, Pat looks at the European commission climate impact report for 2030, with a view that the findings are expected to put upward pressure on carbon credits. What does this mean for energy transitions?
In this week's LNG Wrap, Pat looks at how collaboration can be the key to decarbonising LNG. A bit like health and safety in the industry – only excellent results matter so the view is to share technology, cooperate and keep gas and LNG super relevant.
This week Pat looks at the key takeaways from the Gastech Virtual Summit, with resilience being a key theme throughout the Summit. We also take a look at the IEA's optimism for energy transitions in their recent future trends report.
This week Pat catches up with Tradewinds journalist and friend, Lucy Hine. Lucy gives us her analysis and insights into the LNG shipping industry.
This week on the LNG Wrap, Pat looks at what the big players have in common currently. the answer? They believe in LNG's future and are investing in it! Also on the agenda, the future of energy transitions as LNG & gas demand is becoming harder to forecast.
There was lots of LNG news to cover this week! In episode 16, Pat looks at macro news, big business news, statistics and trends - and discusses whether all this news is good for LNG.
This week Pat invites Miaoru on the podcast to discuss what's happening in the world of carbon neutral LNG cargo. Miaoru discusses the future trends and developments for regional markets in China.
In this week's LNG Wrap, Pat looks at how LNG businesses are updating their strategies in the wake of COVID-19, focussing on BP's recent announcement regarding their shift from IOC to IEC: an Integrated Energy Company.
In episode 13, Pat looks at the headway the industry is making despite the hurdles that COVID-19 brings. Hard evidence of this comes in the form of new regas terminals from 4 projects around the world.
This week, Pat takes a look at how different LNG companies are embracing the energy transition. Also on the agenda is the complexity of global LNG supply and demand forecasting.
This week, Pat looks at how companies such as Shell and GLX are working together on digital trading platforms and online reporting systems. It's evident how important technology is becoming in the LNG Business. Pat also discusses the recent LNG Shipping news and outlook.
This week Pat looks at what producers need to do to insure LNG is still attractive to investors, with flexibilty and adaptability being important factors. We also take a look at some of the key takeaways from this week's Japan LNG & Gas Virtual Summit.
This week Pat looks at what direction oil prices are likely to take in the future. She is then joined by special guest Ajay Singh, formerly of JAPEX and now Founder & Director, Global Hydrogen Development to discuss the future of green energy.
In this special bonus episode, Pat speaks to leading independant consultant Andy Flower about his thoughts on Asian LNG prices in the lead up to the 3rd Japan LNG & Gas Virtual Summit, taking place 8 - 9 July 2020. visit cwcjapanlng.com for more information.
This week Pat looks at the different initiatives the Global LNG industry is taking in order to stay relevant and how they are contributing constructively to energy transitions.
This week Pat looks at how likely the LNG industry is to get back to a pre COVID-19 growth curve. Pat is certain LNG can still have a bright future, providing it can meet 4 clear cornerstones: Cheap, clean, abundant and a consolidated business model.
This week Pat delves into the focus on the thinking of the IOC's. We take a look into whether a gas growth is on the horizon and prepare to brace ourselves for strong supply adjustments. One thing that Pat is certain on? The recovery of the Global LNG business will be very much demand led.
The 2 words on everyone's lips this week? Qatar Petroleum! This week Pat discusses how they have the perfect 3 ingredients for a very good strategy for expansion: means, motive & opportunity.
In this week's LNG Wrap, Pat looks at the easing of lockdown restrictions and what this means for the wider industry. Also on the agenda are the 3 new terminals to be built in China, amounting to an extra 21 million tonnes of import capacity.
In this week's LNG Wrap, Pat focusses on 4 positive stories to come out this week - proving there is a glimmer of hope for the industry.
In this week's LNG Wrap, Pat looks at recovery and what 'normal' looks like for the industry. Managing the short-term and keeping LNG relevant are what Pat believes the indsutry should be focussing on right now.
In this new content offering from the World LNG Series, Pat Roberts rounds up key LNG & Gas moments from the week and discusses what they mean for the industry. This week Pat looks at a potential phasing out of ‘lock-down’, opportunities that low gas prices can bring and, of course, China.