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Hydrocarbon earnings sub-optimal , but demand growing | Local Business

DESPITE natural gas being the country’s dominant hydrocarbon, the financial returns have been “sub-optimal” according to the Minister of Energy and Energy Industries Stuart Young.

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Gas exporting group sees tight global LNG markets until 2026 | Hellenic Shipping News Worldwide

Gas exporting group sees tight global LNG markets until 2026 | Hellenic Shipping News Worldwide
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Trinidad and tobagoOksana dembitskaCurtis williamsMohamed hamelMarianna parragaSusan fentonGas exporting countries forum

Gas exporting group sees tight global LNG markets until 2026

The Gas Exporting Countries Forum (GECF) sees tight global liquefied natural gas (LNG) markets until 2026 as demand rises 1.5 percent this year and by up The Gas Exporting Countries Forum (GECF) sees tight global liquefied natural gas (LNG) markets until 2026 as demand rises 1.5 percent this year and by up to 22 percent through 2050, the group’s secretary general, Mohamed Hamel, said on Monday at a conference in Trinidad and Tobago.

Trinidad and tobagoMohamed hamelOksana dembitskaGas exporting countries forum

Gas exporting group sees tight global LNG markets until 2026

The Gas Exporting Countries Forum sees tight global liquefied natural gas markets until 2026 as demand rises 1.5% this year and by up to 22% through 2050, the group s secretary general, Mohamed. -January 22, 2024 at 12:42 pm EST - MarketScreener

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Gas exporting group sees tight global LNG markets until 2026

The GECF represents natural gas exporters including Qatar, Russia and Trinidad and Tobago. In its annual report, the GECF last year warned about record high and volatile gas spot prices in Europe and Asia, and said energy security concerns were taking precedence over climate change mitigation goals, with policymakers focusing on meeting the energy needs of their people. At the conference on Monday, BP's senior vice president for gas growth, Oksana Dembitska, warned about overly high LNG prices and said they have caused demand destruction, especially in the aftermath of Russia's invasion of Ukraine, which led to a seven-fold increase in prices.

Trinidad and tobagoMarianna parragaCurtis williamsMohamed hamelOksana dembitskaSusan fentonGas exporting countries forum