The global liquefied natural gas (LNG) sector has been hit by supply overhang followed by COVID-19-induced economic slowdown and lower demand worldwide
Gas
LNG demand shows impressive resilience in face of COVID-19
LNG demand is expected to show impressive resilience in the face of COVID-19 pandemic, according to a forecast by IHS Markit
SDX Energy makes commercial gas discovery in Egypt
SDX Energy, a London based international oil and gas exploration, production and development company with a principal focus on the Middle East and North Africa, has announced a commercial discovery at Sobhi well in Egypt
Supermajor Total charters its two LNG-powered VLCCs
Supermajor Total has signed a pioneering agreement to charter its first two LNG powered very large crude carriers (VLCCs)
Natural gas to feel aftershock of coronavirus for years: Rystad Energy
The world’s demand for natural gas is being impacted by the COVID-19 pandemic, and although it will not be curtailed to the same extent as oil, Rystad Energy estimates international gas prices will reach lower averages than previously expected in 2020
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