#Energy and #Shipping Insights from Poten & Partners - June 2023
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Southeast Asia: Will LNG Import Growth Take Off in 2023 and Beyond?
Join Poten's LNG webinar series on June 21 as Asia-Pacific senior LNG analyst, Irwin Yeo explores Southeast Asian LNG market dynamics and potential.
#LNG?in World Markets:?DOE’s Permit Policy Creates US LNG Developer Division
A crackdown by the US Department of Energy DOE on rubber stamping export permits for LNG export projects is creating a divide between companies who have already built projects and aspiring developers.
Read the rest of this feature?from Poten's?LNG in World Markets
#Tanker?Opinion:?Breaking into Brent
Starting with the June 2023 contract, the price of Dated Brent will include WTI Midland, a US Gulf crude grade, next to the existing North Sea crudes.?This means that for the first time in history the price of Dated Brent crude oil could be determined directly by crudes that are shipped into the area from across the Atlantic.?
Read and subscribe?to Poten's?Tanker Opinion
We invite you to?download a special?global LNG demand report?rich with insights from Poten's Global LNG Outlook's recent quarterly update.
Featured content includes:?
Poten's?Global LNG Outlook?provides a quarterly deep dive analysis of the trends driving projects, markets and trade and a 10-year structural forecast of supply, demand and price that clients use to inform their strategies.?
#LPG?Market Outlook:?South Korea Imports To Rise in 2H 2023
South Korea’s LPG imports are forecast to decline in 1H 2023 to 4.1 MMt from 4.4 MMt in 2H 2022 and 4.5 MMt in 1H 2022. Imports in 2022 reached a record of 8.9 MMt on higher demand for LPG to spike natural gas amid high LNG prices and higher petrochemical demand. However, a mild winter and poor petrochemical economics negatively impacted demand in 4Q 2022 and 1Q 2023.
Read the rest of this feature?from Poten's?LPG Market Outlook
#LNG?Market Outlook:?LNG to Play Larger Role in Southeast Asia
Southeast Asian LNG imports are forecast to grow at a rate of 17% per year out to 2024 as population and economic growth continue to push natural gas demand higher. The power and industrial sectors account for roughly 70% of natural gas consumption in the region and are the key drivers of demand. Production declines due to reserve depletion and a lack of upstream investment will also play a critical role in LNG import growth in the future.
Read the rest of this feature?from Poten's?LNG Market Outlook
#LPG in World Markets: Chinese LPG Imports Jumped 33% in April
Chinese LPG imports increased 33% in April from the previous month to 2.7 MMt, just under the all-time high of 2.8 MMt set in September 2022, according to customs data. Recovering PDH operating rates, new PDH plant startups, falling propane prices and higher US exports since March (that favored sending cargoes to the east rather than Europe) all played a role in pushing imports higher. Shiptracking and chartering data indicates May imports should be at an all-time high and June imports should be high as well. This is a shift in trends observed in 1Q when monthly imports were much lower at 2 MMt/m as PDH plants reduced operating rates due to poor margins.
Read the rest of this feature from Poten's LPG in World Markets
LNG & Natural Gas: Energy Security and Net-Zero Carbon Virtual Training Course | June 12-14, 2023
Sign up for Poten's LNG & Natural Gas Advisors and the NYU SPS Center for Global Affairs upcoming LNG and Natural Gas: Energy Security and Net-Zero Carbon Virtual Training. This course will help professionals understand the entire value chain, evolving LNG economics, contract structures and more. Visit the link below to learn more.
Learn more and register for the training.?
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1 年Please let me know when you do that. Many thanks ??
Open to work: - Just completed 2nd contract in the capacity of an Ordinary Seaman (O.S). Available to take up a New Challenge.
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