Asian LNG prices hit new lows amid coronavirus epidemic
Declining Chinese LNG demand, due to the Coronavirus epidemic, has led to Asian spot prices falling to new lows.
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Declining Chinese LNG demand, due to the Coronavirus epidemic, has led to Asian spot prices falling to new lows.
Four LNG tankers en route to North Asia have been diverted due to the Coronavirus outbreak in China.
Nigeria LNG has agreed a 10 year LNG supply deal with Galp Trading SA.
According to Reuters, Woodside Petroleum Ltd has announced that the coronavirus outbreak is affecting its ability to sign gas deals and sell stakes in a key growth project, reporting a 25% decrease in annual underlying profit.
Annova LNG has announced that it has received authorisation from the US Department of Energy to export LNG to nations where the US does not have a free trade agreement.
Rystad Energy is expecting LNG trading between the US and China to remain low, despite also predicting that tariffs on trade between the two countries will be removed in the near future.
After the signing of a trade deal between Washington and Beijing, Gazprom is hopeful that China will purchase the majority of US-produced LNG cargoes, not Europe.
According to Reuters, the energy companies that own Israel’s Leviathan gas field are looking for partners to help construct a floating LNG unit.
Kosmos Energy and its partners have signed a sale and purchase agreement (SPA) with BP Gas Marketing Ltd.
According to Reuters, two industry sources have reported that Gail (India) has issued a swap tender to buy and sell LNG cargoes.
Texas LNG Brownsville LLC has announced that it has received authorisation from the US Department of Energy to export LNG to non-FTA countries.
Pekka Pakkanen, NAPA Shipping Solutions, Finland, discusses how to use better data to tackle shipping’s most complicated voyages.