
Egypt to reduce imports of LNG to 80 cargoes in 2017/18
Egypt is planning to import 80 cargoes of LNG during the 2017/18 financial year that began in July.
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Egypt is planning to import 80 cargoes of LNG during the 2017/18 financial year that began in July.

Qatargas has announced that it has delivered the first Q-Max LNG cargo under a long-term sale and purchase agreement between Qatargas 3 and PTT Public Co. Ltd.

Wison Offshore & Marine Ltd has announced that it has received approval in principal from Bureau Veritas for its new large scale floating LNG storage and regasification terminal.

King & Spalding has announced that it is acting for Summit Corp. on all aspects of the floating LNG import terminal in Bangladesh.

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

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.

Australia's AGL Energy has provisionally picked a site in the southeast of the country to build a jetty to import LNG.

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.

European gas suppliers will have to take a more proactive role in tapping into diverse supply sources in view of US attempts to push its LNG into Europe.

PGNiG expects to sign short and mid term contracts for LNG by mid 2018 to take advantage of an expected supply glut.