Spot prices spike amid flurry of interest from Asian buyers
Asian spot LNG prices spiked this week amid a flurry of buying interest from buyers in China, Pakistan, South Korea and India.
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Asian spot LNG prices spiked this week amid a flurry of buying interest from buyers in China, Pakistan, South Korea and India.
Growing coalition continues to advocate for collaboration of commercial and technical expertise to realise LNG’s full potential as a safe, clean, and economically viable marine fuel.
The LNG terminal to be built at the Finnish Port of Hamina by the technology group Wärtsilä under a turnkey contract has reached financial close and received the necessary building permits.
Demand for natural gas will top other fossil fuels in the long term on the back of rising number of electric vehicles and as new emission standards could see new vessels adopting alternative fuels.
Japanese city gas supplier Osaka Gas says its subsidiary has won consulting work for LNG terminals planned by Taiwan’s state-owned CPC Corp and Taiwan Power Co.
The US Commodity Futures Trading Commission issued a report assessing the market impacts due to the US transitioning from being a net importer to a net exporter of LNG in 2016.
The CEO of the LNG Canada project on British Columbia's northern coast has said that the company was committed to starting construction on the C$40 billion LNG export project this year.
Abuja-based NNPC made operating losses of US$246 million in 2017.
Summer LNG send-outs from European terminals seen rising.
The gas market is being flipped upside down.
Buyers of LNG are no longer balking at long-term contracts, but they want to spread their risk by signing smaller volume deals with multiple producers.
Novatek has announced that production at Yamal LNG’s first train will be suspended for planned maintenance.