
NOVATEK signs MoU with Petronet LNG
PAO NOVATEK has announced that it has signed a memorandum of understanding with Petronet LNG Ltd on future natural gas cooperation.
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PAO NOVATEK has announced that it has signed a memorandum of understanding with Petronet LNG Ltd on future natural gas cooperation.

PAO NOVATEK has announced that it has signed a memorandum of understanding with H-Energy Global Ltd regarding LNG supplies to India.

India will look to examine the pricing of its long-term LNG import contracts, in light of the fall in LNG spot prices.

India’s Reliance Industries has been seeking an LNG cargo for delivery in October.

AG&P has signed a MoU with Chart Industries to expand the use of LNG in emerging markets.

Asia will reportedly lead the global LNG regasification industry in capacity growth from newbuild projects by 2023, says GlobalData.

According to Reuters, low LNG spot prices are having little impact in Asian markets, while the European import market has seen a significant boost.

India’s K-DISC advisory board has expressed interest in trialling LNG as fuel for vessels in the fishing industry.

According to Reuters, state energy firm Indian Oil Corp. is seeking an LNG cargo for delivery either late this month or early next month.

Alap Shah, Black & Veatch, USA, outlines how big trends in gas-to-power are pushing LNG to prominence in the global power portfolio.

Novatek is showing interest in supplying LNG from its Arctic LNG 2 project to India.

Asian LNG spot prices have recently experienced a small rise, due to increased market activity.