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LNG Markets Analysis Asia spot LNG narrows spread to Europe

East Asian spot LNG prices fell back from their summer highs over the four weeks from mid-June to mid-July, narrowing the previously wide spread between European and Asian gas markets. More cargoes were becoming available, with tenders from producers including Papua New Guinea’s PNG LNG and Russia’s Sakhalin, and a flurry of reload cargoes drawn […]

ICIS View: UK to close subsidy scheme for smaller renewables

The UK had indicated in 2015 that the generation tariff under the FiT scheme would end in March 2019 but Thursday’s announcement means the export tariff for new instalments will also be scrapped, effectively killing the whole scheme. With no revenue now available for either generating or exporting excess power to the grid, the small-scale […]

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