Asian LNG spot prices remain steady
Asian LNG spot prices have seen little change this week, due to a quiet market and low liquidity.
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Asian LNG spot prices have seen little change this week, due to a quiet market and low liquidity.
Indian spot demand has mitigated the recent declines recorded in Asian LNG spot prices.
By the end of 2019 Gunvor will have delivered 45% more LNG than it did in 2018, maintaining a hold on its ‘largest independent LNG trader’ status.
Indian Oil Corp. is looking to secure an LNG for delivery in January.
Asian LNG spot prices have risen for the first time since October.
India’s Bharat Petroleum Corp. Ltd. is currently seeking to purchase an LNG cargo for delivery in January.
India’s Bharat Petroleum Corp. Ltd. (BPCL) is seeking an LNG cargo for delivery in January.
According to Reuters, Petronet LNG has been holding talks with a number of companies on agreements for LNG.
Asian LNG spot prices continue to be negatively impacted by the growing supply glut.
According to Reuters, three industry sources have said that Indian Oil Corp. is seeking an LNG cargo for delivery in December.
According to Reuters, two trade sources have said that Essar Steel India has issued a tender to purchase 36 cargoes of LNG over 2021 – 2023.
The latest Asian LNG spot prices are the lowest recorded for this time of year in a decade, and a mild winter is still to come.