Asian supply weighs on prices
Asian spot LNG prices have fallen sharply.
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Asian spot LNG prices have fallen sharply.
China's LNG imports hit a record high in December, driven by the nation’s push towards cleaner fuels.
Teekay LNG Partners LP has announced that it is planning to issue new senior unsecured bonds in the Norwegian bond market through an add-on to its existing Norwegian bonds due in October 2021.
JX Nippon Oil & Energy has announced that the ninth train of the Petronas LNG complex in Bintulu, Sarawak, Malaysia, has officially commenced operations.
MISC Berhad has announced that it has held a naming and delivery ceremony for its new LNG carrier at the Hyundai Heavy Industries Co. Ltd shipyard in Ulsan, South Korea.
Caledonian Maritime Assets Ltd has awarded a contract to Wallace Stone Consulting Engineers for design development work in preparation of the introduction of a new LNG dual-fuel ferry on the Skye Triangle in 2018.
Oversupply will persist into the mid-2020 dampening the intrinsic value of LNG contracts.
Pakistan LNG launched a five-year supply tender and a 15-year tender last year to purchase 240 shipments of LNG.
US LNG exporters are sending tankers to Asia to fill a gap in the region's demand, as markets have tightened more-than-expected.
Tata Realty and Infrastructure Ltd. is taking a 10% stake in a Rs 5900 crore FLNG import terminal.
Höegh LNG Holdings Ltd has announced that it has successfully completed a new senior unsecured bond issue of NOK 1500 million in the Nordic bond market with a maturity date of 1 February 2022.
According to Reuters, Pakistan LNG has signed agreements with Gunvor and Italy’s Eni for LNG shipments.