A decade ago, the United States was only beginning to emerge from an energy outlook that had once assumed steadily rising dependence on imported natural gas. For years, the prevailing concern was that domestic production would struggle to keep pace with demand, leaving the country increasingly reliant on liquefied natural gas brought in from overseas. That expectation proved badly wrong.…
Fitch’s assessment of the UK Budget points to a familiar problem: setting out a path to stronger public finances is one thing. Delivering it is another. The ratings agency sees broad continuity in government policy, but warns that the plans still leave a sizeable delivery challenge. It continues to anticipate significant slippage against spending plans and says fiscal consolidation becomes much…
Japan is expected to overtake China as the world’s largest importer of liquefied natural gas (LNG) this year, for the first time since 2022, as high LNG prices and sufficient storage in China limit purchases, analysts at ICIS and Kpler say. Japan’s LNG demand will exceed, albeit slightly, demand in China, according to estimates by the consultancies compiled by Reuters. Imports into Japan are…