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How Hormuz chokehold threatens LNG buyers
A potential blockade of the Strait of Hormuz following the escalating US-Iran conflict risks disrupting Qatari LNG exports that underpin global gas markets, exposing Asia and other markets to sharp price spikes, cargo shortages and renewed reliance on dirtier fuels
New Zealand embraces LNG
LNG would serve as a backup supply source as domestic gas declines and the country’s energy system comes under stress during periods of low hydropower output and high energy demand
European gas faces renewed strain after winter drawdowns
Sustained low temperatures have depleted storage levels and exposed the EU’s vulnerability to shocks even as the bloc moves ahead with phasing out all Russian imports
LNG, a strategic safeguard
Europe has transformed into a global LNG demand powerhouse over the last few years, with the fuel continuing to play a key role in safeguarding the continent’s energy security, Carsten Poppinga, chief commercial officer at Uniper, tells Petroleum Economist
A dual-coast LNG strategy
Sempra Infrastructure’s vice president for marketing and commercial development, Carlos de la Vega, outlines progress across the company’s US Gulf Coast and Mexico Pacific Coast LNG portfolio, including construction at Port Arthur LNG, continued strong performance at Cameron LNG and development of ECA LNG
Cheniere’s disciplined expansion
US LNG exporter Cheniere Energy has grown its business rapidly since exporting its first cargo a decade ago. But Chief Commercial Officer Anatol Feygin tells Petroleum Economist that, as in the past, the company’s future expansion plans are anchored by high levels of contracted offtake, supporting predictable returns on investment
The new LNG wave is finally here
Growth in LNG supply will surpass the rise in demand in 2026 for the first time in years, according to Mike Fulwood, senior research fellow at the OIES, but lower prices are likely to encourage fuel switching and could create more demand on a permanent basis
LNG trends in developing economies
Awais Ali Butt, manager for sales and business development at Pakistan LNG Ltd, discusses LNG’s role in energy security across developing, price-sensitive economies, as well as examining trade-offs between buying strategies and the impact of lower prices and policy on import behaviour 
LNG remains frontrunner among low-carbon marine fuels
LNG’s technical maturity, availability and price, as well as regulation, have driven its rapid adoption as a marine fuel, yet its future in shipping will depend on transition policies and progress in cutting methane emissions and scaling bio- and synthetic LNG, according to Carlos Guerrero at Bureau Veritas
A new force in US LNG
With Texas LNG approaching financial close, Alaska LNG advancing towards a phased buildout and Magnolia LNG positioned for future optionality, Glenfarne CEO Brendan Duval says the coming year will demonstrate how the company’s more focused, owner-operator approach is reshaping LNG infrastructure development in North America
Kuwait LNG
Gerald Butt
5 February 2018
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Kuwait's big energy spending plans

The country is working towards raising crude oil production capacity by more than 1.5m barrels a day by 2040

Kuwait Petroleum Corporation (KPC) has set itself some ambitious upstream targets. Its chief executive, Nizar al-Adsani, told the Petroleum Economist annual Strategy Forum in Kuwait City last week that KPC had "launched its 2040 strategy which focuses on growth in oil activities that require significant capital to finance the mega-projects". He went to say that KPC is on course to raise crude oil production capacity to 4.75m b/d by 2040—up from the current level of around 3.1m b/d. Adsani stressed that the goal was achievable. "I wish to assure you," he continued "that Kuwait Oil Company [a KPC subsidiary] will deliver on this strategic production target. All projects are at the implementati

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