
Inpex sells Ichthys LNG cargo
Inpex Corp. has a sold an LNG spot cargo from its Ichthys LNG project in Australia to France’s Engie.
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Inpex Corp. has a sold an LNG spot cargo from its Ichthys LNG project in Australia to France’s Engie.

According to Reuters, LNG shipments have been disrupted by a powerful cyclone that swept across parts of Western Australia.

NextDecade Corp. has announced that it has received authorisation from the US Department of Energy to export LNG from its Rio Grande LNG facility to non-free trade agreement countries.

According to Rystad, the Coronavirus is set to slash Chinese LNG demand, however the removal of the US LNG tariff could save the day.

Qatargas has announced the signing of a new, long term LNG SPA with Shell to deliver 1 million tpy of LNG to the State of Kuwait.

US LNG company share values have declined as China has begun suspending purchases amid weaker demand and record low spot prices.

According to Reuters, the head of Total has said that Exxon Mobil Corp. and the government of Papua New Guinea must resume talks so that the US$13 billion expansion of gas production can proceed.

Reuters is reporting that Total has rejected a force majeure notice issued by a Chinese LNG buyer.

According to Reuters, an executive at Cheniere has revealed that the company’s sole Chinese contract customer continues to take committed LNG supplies.

An executive from Japan’s Inpex Corp. is predicting oversupply in the LNG market until mid-2020, at which point they expect demand from southeast Asia and India to pick up.

In the last year, Eesti Gaas has observed increases of almost 50% in its electricity sales and its LNG sales have been buoyed by expansion into foreign markets.

Cheniere Energy, Inc. has announced that Jack Fusco, President and Chief Executive Officer, along with other members of the Cheniere management team, will ring the New York Stock Exchange Opening Bell on 5 February 2020 in celebration of a recent milestone.