Global benchmark prices for natural gas have converged to their closest in five years, a trajectory created by a supply glut and an oil rout. That spells trouble for US and Australian projects coming online this year. Prices in the natural gas hubs of Europe and Asia are at their closest to the US benchmark since 2010 after oil plunged below $50 a barrel and gas supplies from Australia and the United States created a surplus of cargoes.
FlashNews:
Star Air Launches 70 Weekly Flights, Introduces First‑Ever Direct Mundra-Delhi NCR Route
India’s Data Centre Market to Double, Crossing $22 Billion by 2030: Vestian
“RVNL Delivers 17,000 km Rail Projects, Executes ₹2 Trillion Infrastructure:” Railway Board CEO
Qatar Pledges Deeper Energy Ties with India During Puri’s Doha Visit
IRB Group Reports ₹8.3 Billion FY2026 Toll Revenue, Secures 10% National Share
India and Bhutan Sign Tariff Protocol for Punatsangchhu‑II, Strengthening Hydropower Partnership
IndiGo, Digi Yatra and BIAL Pioneer India’s First International Contactless Travel Trials with IATA
India-Bhutan Hydropower Push: Minister Manohar Lal’s 4-Day Visit to Drive Projects, Trade
India Slashes Airport Charges to Shield Domestic Airlines from ATF Surge Amid West Asia Conflict
India Climbs to Third Globally in Renewable Energy Capacity, Adding Record 55 GW in FY2025-26
Japan’s JFE Engineering Invests ¥750 Million in Antony Waste; First FDI in India’s Waste-to-Energy Sector
SDHI Wins India’s First Ammonia Dual‑Fuel Bulk Carrier Order
SAME and IndiGo Launch Cadet AME Programme to Train India’s Next Aviation Engineers
IndiGo Revises Fuel Charges as ATF Costs Soar
Putting Turbulence Behind IndiGo Appoints Willie Walsh to Drive Future Global Growth
DFCCIL Completes Trial Run on Newly Electrified JNPA-Vaitarna Freight Corridor
Cleared for Take Off!
Neworld Developers: Leading the Charge in Real Estate
REC Presents Live Demos of P2P Energy Trading Pilot at New Delhi’s Global AI Impact Summit
Home » Global gas prices converge
Global gas prices converge
Oil & Gas
February 1, 2015February 1, 2015
Leave a Reply
You must be logged in to post a comment.