Asian LNG prices fall to more than 10 year low
Asian LNG spot prices have dropped to their lowest level in more than 10 years, due to a mild winter impacting on demand.
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Asian LNG spot prices have dropped to their lowest level in more than 10 years, due to a mild winter impacting on demand.
Asian LNG spot prices have fallen to a new multi-year low, with at least one cargo selling for less than US$4 per million Btu.
Asian LNG sellers, such as Osaka Gas, are seeking alternative markets as the global LNG market hits multi-year lows.
Asian LNG spot prices have dropped below US$5 per million Btu to a four-month low as buyers hold off ahead of the Lunar New Year holidays.
A steel cutting ceremony has been held for UECC’s first battery hybrid LNG powered pure car truck carrier.
Asian LNG spot prices have seen an increase for February deliveries.
According to Reuters, data from Refinitiv Eikon shows that China imported a record high monthly volume of LNG in December 2019, overtaking Japan as the world’s top LNG importer for the second month in a row.
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.
JERA and PetroChina International have concluded an MOU on cooperation in the LNG business.
Asian LNG spot prices have risen for the first time since October.
Tokyo Gas Co. Ltd. is set to step up its overseas expansion in LNG and renewables.