Personal Journey at The Edge of Engineering Mastery
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Key Takeaways Market Overview: Summer 2025 Adjustment Phase The LNG market in summer 2025 is in an adjustment phase. JKM prices recorded highs in the mid-$14/MMBtu range in mid-June before declining approximately 18% to $11.44/MMBtu by the end of August. This price movement reflects a return to price levels that reflect the fundamentals of…
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Evidence-Based Analysis of Market Dynamics The LNG market from July 10-31, 2025, exhibited two contrasting movements: price adjustments and rising freight rates occurring simultaneously. A detailed examination of weekly chart data reveals structural changes in progress that exceed market participants’ expectations. Phased JKM Price Adjustment July’s JKM price movement clearly divided into two distinct…
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Introduction From the summer of 2014 until the completion of construction and the handover of gas commissioning in 2015, I was permanently stationed at the Senoro CPP (Central Processing Plant) as the construction manager for PT TRIPATRA, the EPC contractor. This project established a fully integrated value chain, spanning from upstream gas field development…
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Three Critical Findings Revealing Fundamental Market Transformation 1. Abnormal Surge in Shipping Costs Reshapes Price Structure The most significant change over these four weeks was the extraordinary 67.49% surge in LNG vessel charter rates. The week of July 3rd witnessed an unprecedented spike from 16,117 USD/day to 25,526 USD/day, representing an increase of over…
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Natural Gas Pricing Mechanisms: The GOG Revolution and Its Reality Natural gas pricing mechanisms have undergone a fundamental transformation over the past three decades, with Gas-on-Gas Competition (GOG¹) emerging as the dominant theoretical framework for modern energy markets. Understanding these natural gas pricing mechanisms is crucial for comprehending how global energy markets function today.…
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Executive Summary This comprehensive study analyzes the economic development processes of five Asian countries (Japan, South Korea, China, Malaysia, and Indonesia), focusing on the critical transition stage from lower-middle-income to upper-middle-income status, specifically the GDP per capita range from $300 to $10,000. The research constructs a policy optimisation model by development stage to provide…