Gail India awards tender for April LNG shipment
LNG shipment priced at approximately US$6 per million British thermal units.
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LNG shipment priced at approximately US$6 per million British thermal units.
China's soaring demand for LNG is sparking industry hopes that a supply overhang causing a slump in prices will end sooner than initially anticipated.
Japan in January paid nearly twice as much for LNG derived from US shale gas as it did for its cheapest imports.
Italy's OLT is seeking 20 LNG cargoes for April – September delivery.
Enarsa awarded its tender to buy nine cargoes of LNG to Gas Natural Fenosa, Trafigura, Glencore, Engie and BP among others.
Toshiba is attempting to fill the balance sheet hole left by a US$6.3 billion hit to its nuclear operations.
Skangas has announced that it has reached an agreement to supply LNG to Suomen Teollisuuden Energiapalvelut – STEP Oy.
A province governed by India’s Prime Minister Narendra Modi for 13 years is impeding his plans to promote clean energy.
Shell expects much of new LNG demand to come from countries that want to replace declining domestic gas production.
GTT has announced that it has received an order from Hyundai Heavy Industries to equip a new FSRU with its Mark III cryogenic membrane containment system.
Asian spot LNG prices fell for a sixth consecutive week.
The decline of Britain's biggest gas storage site and the lack of new-build to replace it will increase dependency on imports over the next few years.