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Qatar Becomes 2nd Largest LNG Exporter

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LNG

Qatar now comes to second place as Australia overtakes it as the Largest LNG exporter in the world.
Australia passed Qatar as the biggest LNG exporter in the world, while the US and Russia continued as the 3rd- and 4th-largest exporters respectively.

 

Global LNG or the liquefied natural gas trade capacities rose to a record last year led by Asia, though growth was limited as demand was decreased due to  COVID-19-induced restrictions, as per the report by  International Gas Union (IGU).

Overall LNG trade grew to 356.1 million tons the previous year, up by 1.4 million tons or about 0.4 percent from 2019. It was mostly induced by rise in exports from the United States and Australia, the group said in its annual report.

This was less than the growth of 40.9 million tons, or 11.5 percent, in 2019, the IGU said. But, LNG was one of the few products that had gin in trade in 2020, it said.

“LNG trade in 2020 was heavily impacted by COVID-19, as markets, cities and producers across the globe wrestled with lockdowns and a multitude of other disruptions,” told the IGU, which consists of more than 160 members and advocates the use of gas.

In 2020, the US exported 11 million tons around 33%, more than in 2019 due to fresh produce from Freeport LNG, Cameron LNG, and Elba Island. Exports, however, decreased from Trinidad and Tobago, Malaysia, Egypt, Algeria and Norway, the IGU said.

For imports, Asia made up 70 % of overall volumes with growth mainly caused  by China, India, Taiwan, and South Korea, with Myanmar being the fresh importer.

“While COVID-19 meant significant restrictions for some of these markets, they likely also benefited from the lower price period in 2020 and purchased additional short-term volumes, and expansion of regasification capacity in some cases,” IGU reported.

Extended lockdowns and the rise in the share of renewables in the energy mix lessened net imports into Europe by 4.3 million tons.

Coronavirus also critically influenced liquefaction development with companies lingering final investment decisions on projects up to 2021 and later due to the uncertain economic climate with developers prioritizing deferment of capital expenditure, IGU said.

For instance, a total of 87.3 million tons per annum (mtpa) of capacity were supposed to be endorsed in 2020, but only one project of 3.25 mtpa in Mexico was confirmed.

New regasification projects in China and India will continue to maintain gas demand. While projects are under construction in Ghana, El Salvador, Cyprus, and Nicaragua and expected online in the upcoming 2 years could see these countries make their debut LNG purchases, IGU said.

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Coronavirus cases UAE today 2355, 1,129 recovered and 5 deaths.

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Coronavirus cases UAE today 2355, 1,129 recovered and 5 deaths.

Total active covid cases in UAE are nearby 63,328. Coronavirus cases UAE today 2355 Covid-19 cases, 1129 recovered and 5 deaths. The covid cases in UAE are still hovering around the 2300 to 3000 mark.

On Saturday, January 29, 2022, the UAE Ministry of Health and Prevention reported Coronavirus cases UAE today 2355, 1129 recovered, and 5 deaths. Total active covid points in UAE grown from 100 to nearby 63,328

Covid cases numbers are arriving on a stable base in UAE. This wave is less severe than the past two, but that doesn’t mean it does not affect the economy. It is still fetching questions in people’s minds about their life. 

Total active covid cases in UAE grown from 100 to nearby 63,328. The number is covid cases is growing, but death numbers are not like last year. Coronavirus cases UAE today 2355 Covid-19 cases, 1129 recovered and 5 deaths. 

The new cases came after 485,322 additional tests in the UAE. The total number of covid cases in UAE on January 29 is near 840,739. At the same time, full recoveries from covid cases stand at 775,172. The death toll now stands at 2,239 in UAE. 

A new variant of the covid Omicron is not a big concern. Many say it is not even a covid virus found in Africa in animals. This virus is not found in any human. Many virologists also said this mutant is not transferred to humans. It is transmitted in animals in Africa. 

European countries are still working on their harshnesses. But one thing is final it has a good amount of transmission ratio like Omicron. Currently, covid cases in hospitals are mainly of Delta variant. 

Get all the latest UAE Market news only on Arab Market news. Your own trust-able news portal which brings all the latest news of UAE, Dubai and world business news.

 

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NZ PM Jacinda Ardern test Covid Positive. She is self-isolated.

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One of the safest places at one time, seeing the most significant covid case. NZ PM Jacinda  Ardern test covid positive. She is currently self-isolated. 

New Zealand delta variant cases, PM press conference on delta variant NZ

New Zealand PM covid positive

Sources say this is happen due to the Auckland trip on January 22, 2022. Whatever it is, NZ PM Jacinda Ardern test covid positive is a big thing as this nation has taken most care of the entire covid time. 

COVID in NZ:

New Zealand’s PM Jacinda Ardern has gone into self-isolation until next Tuesday. She was in close contact with a person who was covid positive. 

The frontage took position on January 22 during a flight to Auckland from the town of Kerikeri. The government said in a statement on Saturday, adding that the result of whole-genome sequencing possible the following day.

It said that that would show if the Omicron variant of coronavirus drove the infection.

NZ PM Ardern Health:

Ardern, who is asymptomatic, is feeling okay, the statement added. According to the health ministry’s directives, next test is on Sunday and she is currently quarantine. The governor-general and her staff members, on board the flight, followed the identical isolation method.

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UAE Weather forecast: Temperatures Drop further in UAE.

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Cool weather in dubai UAE

Fog and Temperatures Drop further in UAE. Further, UAE Weather Forecast says we might see a drop in temperature, and moisture can create a few troubles.

Cool weather in UAE

Cool weather in UAE

Winter is showing its colors in UAE. Next few days will Temperatures Drop further in UAE. We will see more drop in temperature with Fog increasing in many areas of UAE.

Get ready for more colder days in UAE. Forecasts suggest we will see more and more drop-in temperatures. Skies will remain a bit dusty to partly cloudy due to heavy moisture—chilly weather in the early morning and at night. Tourists will enjoy this climate in UAE.

Light to moderate winds over the sea will make the atmosphere beautiful in many areas of the UAE. Seas will be rough to mediate in the Arabian Gulf and little in the Oman Sea.

Yesterday’s forecast was also similar as winter seems to remain for longer time in UAE. It is the best time for the visitors who wants to explore Dubai and other parts of the UAE.

Get all the latest UAE Market news only on Arab Market news. Your own trust-able news portal which brings all the latest news of UAE, Dubai and world business news.

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