
Faltering supply prompts short-covering price rally
Asian spot LNG prices gained ground this week with traders and portfolio players engaged in short-covering.
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Asian spot LNG prices gained ground this week with traders and portfolio players engaged in short-covering.

The last massive component of Australia's US$180 billion LNG construction boom arrived on 14 August.

Korea Gas Corp has announced that domestic gas sales in July fell 2.4% from a year earlier.

Petronas is keen on more collaborations in India with current and existing partners.

ENI and Anadarko signed agreements with the Mozambique government on 10 August.

Thailand’s PTT’s July purchase of a stake in a LNG plant operated by Malaysia's Petronas will be its model for securing natural gas in the future.

Petrobras operates three regasification terminals in Brazil.

Origin Energy Ltd expects to recognise an impairment charge of approximately $1.2 billion (post-tax) for the second half of the 2017 fiscal year in its full year results to be released on 16 August 2017.

Tellurian Inc. has released its financial results for 2Q17, reporting a net loss of approximately US$33 million.

Multiplex has announced that a consortium comprising of itself, DIF, Compass Group and Brookfield Financial has been nominated as the preferred tenderer to build and manage a new Karratha accommodation facility for Woodside.

The average contract price for spot cargoes of LNG for shipment to Japan fell to a 14-month low in July.

Asian spot LNG prices rose this week as South Korean importers and Taiwan showed appetite.