• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, August 5, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Key Oil Majors May Experience Drop In LNG Revenue Stream

by Chika Izuora
6 months ago
in Business
Key Oil Majors May Experience Drop In LNG Revenue Stream
Share on WhatsAppShare on FacebookShare on XTelegram

Most global oil Companies are fretting over a possible plunge in Liquified Natural Gas (LNG) prices which could impact their profits.

Advertisement

The companies most affected include Shell, BP, TotalEnergies, Exxon, and Chevron, all of which have big LNG trading businesses that have benefited significantly from the heightened price volatility since February 2022.

The oil majors are now bracing for a drop in income from LNG trade as prices are seen stabilizing after the price surge from the past three years, according to Financial Times which cited analysts.

“Volatility has fallen in recent months and starts the year below previous ones. Last year was lower than 2023, which was lower than 2022,” one LNG trader told the Financial Times.

“LNG traders care about volatility. If you’re in a flatter volatility environment, it doesn’t matter how good or bad your traders are, it’s going to be harder to make huge amounts of money,” Hewitt Energy Perspectives consultant, David Hewitt, told the FT.

RELATED

Most Popular Lotteries In Africa

Most Popular Lotteries In Africa

2 hours ago
VAT Revenue Rises By 4.4%To N588bn In Q1 – NBS

Nigeria Records $5.64bn Capital Importation In Q1 2025 — NBS

4 hours ago

‘For the international oil companies, especially the European ones, LNG is certainly a key component of their earnings,’ Hewitt added.

Indeed LNG has made some solid contributions to Big Oil’s bottom lines in the past three years thanks to that price volatility that the analysts are talking about. Indeed, the FT cites Citi calculations showing that Shell will see 21 per cent of its cash flow this year come from LNG, with the percentage for Chevron at 18 per cent, TotalEnergies at 14 per cent, and Exxon at 12 per cent.

For BP, the percentage of cash flow from LNG trade was seen lowest, at 10 per cent.

Things may even get worse in the coming years; some analysts are projecting an LNG surplus towards the end of the decade. According to Rystad Energy, the surplus will materialise as early as 2027.

According to ING, the surplus will be significant, as capacity additions from the U.S. and Qatar boost the global total export capacity by over 45 per cent by 2030, to top 950 billion cubic meters.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: BPExxon MobilShellTotalEnergies
SendShareTweetShare
Previous Post

Savannah Energy Posts Total Revenues Of $258.7m In 2024

Next Post

Collective Investment Scheme Grows To N3trn, Enables Risk Diversification – SEC

Chika Izuora

Chika Izuora

You May Like

Most Popular Lotteries In Africa
Business

Most Popular Lotteries In Africa

2025/08/05
VAT Revenue Rises By 4.4%To N588bn In Q1 – NBS
Business

Nigeria Records $5.64bn Capital Importation In Q1 2025 — NBS

2025/08/05
Rivers Set To Unlock New Frontiers As Port Harcourt Transforms To Int’l Energy Hub
Business

Rivers Set To Unlock New Frontiers As Port Harcourt Transforms To Int’l Energy Hub

2025/08/05
FULL LIST: Forbes Names Otedola Among Africa’s Top 20 Richest
Business

‘Banks Sent Pretty Ladies To Me For Deposit, Asked Thugs To Recover Debt’, Billionaire Otedola Reveals

2025/08/05
HEIRS Energies CEO To Advocate Africa’s Energy Sufficiency At US-Africa Energy Forum
Business

HEIRS Energies CEO To Advocate Africa’s Energy Sufficiency At US-Africa Energy Forum

2025/08/05
CBN Anchors Economic Stability With New Rates
Business

CBN Anchors Economic Stability With New Rates

2025/08/05
Leadership Conference advertisement

LATEST

CHAN 2024: Super Eagles B Fall To Senegal In Group D Opener

Ex-NNPP Guber Candidate Alleges Unfair Treatment Of Visa Applicants By US Embassy

FCT Displaces Lagos, Emerges Nigeria’s Top Foreign Investment Destination

Kwara Assembly Frowns At Hotel Patronage By Underage, Secondary School Students

Most Popular Lotteries In Africa

Lawmaker Mai Palace Renovates 80 Cemeteries As ‘Constituency Projects’ In Zamfara

BBNaija10: Netizens React As Danboskid, Zita Cuddle Passionately

BBNaija10: Bright Lied About Having Girlfriend — Mide

Nigerien, 2 Others Die Of Thirst In Desert En Route Libya

Gov Adeleke Travels To US For Nephew Davido’s White Wedding

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.