
March price eases but bitter cold arrests decline
Asian spot LNG prices eased further this week on expectations of reduced buying.
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Asian spot LNG prices eased further this week on expectations of reduced buying.

US refiner Andeavor announced on 2 February that it had acquired a LNG plant from ConocoPhillips.

LNG terminals are shrinking in order to provide more flexible supply deals.

The tanker Gaselys docked just north of Boston on 28 January.

Egypt is working with Eni SpA to fast-track output and end the country’s need to import LNG as early as this year.

Yamal LNG reached a major milestone with the December announcement of the first cargo of LNG ready to leave Sabetta.

Croatia will pass a special law to speed up the construction of a LNG terminal in the northern Adriatic.

All major equipment has been operated and is being commissioned as expected.

Myanmar is planning to double its electric power capacity by 2021 by building natural gas-fired power plants.

Novatek has sold a first gas condensate cargo from Yamal LNG via a tender.

The US sees the planned Nord Stream 2 gas pipeline between Russia and Germany as a threat to Europe’s energy security.

Asian spot LNG prices slid this week on improving production and uncertain demand for cargoes in March.