A Bright Future for LNG?
Emma Richards, Fitch Solutions, provides an outlook for the global LNG market.
Browse the latest china lng news news and articles.
Emma Richards, Fitch Solutions, provides an outlook for the global LNG market.
QatarEnergy entered into a 27-year sale and purchase agreement with China Petroleum & Chemical Corporation (Sinopec) for the supply of 4 million tpy of LNG to the People's Republic of China.
According to GlobalData, India and China will drive the LNG regasification capacity additions in Asia between 2022 and 2026, as the two countries step up imports of natural gas to reduce carbon emissions.
Gasum, Pavilion Energy, and CNOOC Gas and Power Group have signed an agreement for strategic collaboration to strengthen the global LNG bunker supply network for their customers in the world’s top three bunkering regions.
China is set to register the highest LNG regasification capacity additions in Asia between 2022 –2026, accounting for a share of roughly 34% of the region’s total capacity additions by 2026.
DNV has launched a Shanghai-based Gas Carrier and Alternative Fuels Expert Team to support key stakeholders amid strong growth in two thriving markets in China: large gas carriers and alternative-fuel new buildings.
In February 2023, Svanehøj Tank Control Systems will deliver tank gauging systems to COOEC for six LNG tanks at the Longkou Nanshan LNG Terminal.
TGE Marine has received an order from Nantong CIMC Sinopacific Offshore & Engineering Co. Ltd for the design and supply of the cargo handling and fuel gas systems for three LNG bunker vessels.
GTT has received an order from Hudong-Zhonghua Shipbuilding (Group) Co. Ltd, for the tank design of two new LNG carriers.
Mitsui O.S.K. Lines, Ltd has signed a long-term charter contract for three newbuilding LNG carriers with ENN LNG (Singapore) Pte. Ltd, a wholly owned subsidiary of ENN Natural Gas Co., Ltd.
GTT has announced that it has received an order from its partner the Chinese shipyard Hudong-Zhonghua Shipbuilding (Group) Co. Ltd for the tank design of four new LNG carriers.
As the global energy crisis deepens and countries scramble to secure reliable energy sources, investments in new LNG infrastructure are set to surge, reaching US$42 billion annually in 2024.