March 13, 2025 : Gazprom's grandeur fades
as Europe abandons Russian gas
Gazprom's grandeur fades as Europe abandons Russian gas - Reuters
Trump’s former energy chief sounds alarm on ExIm-backed gas project as threat to America first energy agenda - Fox Business
Cheniere to use electricity to cut emissions from LNG production - Reuters
Shell Delivered Record Amount of Marine LNG to Ships in 2024 - Bloomberg
Transatlantic Ties Are Fraying, but the LNG Trade Is Still Robust - The National Interest
Pakistan Oil and Gas Regulatory Authority revised prices of imported Re-gasified Liquefied Natural Gas for March 2025 - Business Recorder
U.S. Natural Gas Demand Set to Stay at Record High in 2025 and 2026 - Oil Price
Argentina to stick with single LNG import terminal this winter, Excelerate exec says - Reuters
Road to Alaska - Long-Dormant Alaska LNG Project Sees Renewed Interest After Support by Trump - RBN Energy
Why plain old natural gas is the hottest thing at the 'Super Bowl' of energy - CBC
Arctic LNG 2 Sanctions Restrict Novatek Dividend Growth - Energy Intelligence (Subscription)
Mexico Said Lacking Natural Gas Supply Strategy to Meet Future Power Demand - Natural Gas Intelligence (Subscription)
Could Ukraine’s Search for Secure LNG Supply Draw it Closer to the United States? - Natural Gas Intelligence (Subscription)
Facts & Figures Report for the news of March 12, 2025
North America
Mexico's Natural Gas Strategy Gap
Mexico lacks a national plan for securing natural gas supply to support the expansion of combined-cycle plants.
Existing excess capacity may cover initial projects, but additional supply will be needed to meet government planning goals.
Key Experts: David Goldwyn (Atlantic Council), César Emiliano Hernández Ochoa (Publius).
Read This: Natural Gas Intelligence
South America
Argentina’s LNG Imports for 2025-2026
Argentina will stick to a single FSRU for winter 2025-26, with no additional regasification plant request from Excelerate Energy.
LNG imports reduced as domestic gas production increases.
In 2024, Argentina imported 30 LNG cargoes using one FSRU.
In 2022 and 2023, Argentina imported between 41-44 LNG cargoes.
$5.7 billion energy trade surplus recorded in 2024 following economic reforms.
Read This: Reuters
Asia & the Middle East
Pakistan Revises RLNG Prices for March 2025
RLNG price for SNGPL consumers: $12.94 per MMBTU (↑ 0.37% from February).
RLNG price for SSGC consumers: $12.72 per MMBTU (↑ 0.42% from February).
Price hike due to import incidental costs.
Read This: Business Recorder
Iraq’s First LNG Import Plans
Iraq seeks first-ever LNG cargoes due to uncertainty over Iranian gas supply.
Working with a UAE-based firm to secure a floating LNG import terminal.
US sanctions affecting electricity imports from Iran.
Iraq plans 500 million standard cubic feet per day of LNG imports.
Floating regasification units take over a year to deploy.
Read This: Bloomberg
Ukraine to Rely on US LNG
Ukraine to import at least 4 billion cubic meters of gas between April and October 2025.
Estimated cost: $1 billion based on average gas prices.
Up to 50% of LNG imports via Europe could come from the US.
Gas storage needs: 13 billion cubic meters in reserve by mid-October.
Read This: Reuters
Japan’s LNG Trade Warnings
JERA, Japan’s largest LNG buyer, warns it may increase US imports due to Australia’s slow approval processes.
Australia’s gas exports to Japan valued at $26.8 billion (2023).
Read This: Press Release
Europe
European Commission’s AggregateEU Gas Purchase Program
Second mid-term matching round for coordinated gas purchases launched.
Covers supply from July 2025 to October 2030.
Demand submissions deadline: March 17, 2025.
Read This: European Commission
Africa
Mozambique LNG Project Nears $4.7 Billion US Loan Decision
TotalEnergies' $20 billion project awaiting a March 13 decision from US Export-Import Bank (Exim).
Project was halted for four years due to militant attacks.
If approved, project completion is now expected by 2030.
Read This: Bloomberg
Egypt to Lease German LNG Unit
Egypt to lease an LNG import unit from Germany for summer 2025 demand.
Contractual terms to be finalized in March 2025.
Egypt became a net LNG importer in 2024 due to domestic gas output drop.
Read This: Bloomberg
Australia & Oceania
Western Australia’s Gas Dependence
WA’s gas consumption is the highest in Australia and is projected to increase over the next decade.
Sectors using gas in WA:
LNG processing: 36%
Electricity generation: 24%
Alumina refining: 17%
Ammonia production: 7%
Gas demand (excluding LNG processing) projected to rise 19% by 2034.
Read This: IEEFA