Lithuania signs agreement to purchase US LNG for the first time
According to Reuters, Lietuvos Duju Tiekimas – the state-owned Lithuanian gas trader – has signed an agreement to purchase LNG directly from the US for the first time.
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According to Reuters, Lietuvos Duju Tiekimas – the state-owned Lithuanian gas trader – has signed an agreement to purchase LNG directly from the US for the first time.
ABS has announced that it has granted approval in principal for a floating LNG power plant and floating storage and regasification unit design concept developed by Chiyoda Corp.
Centrica Storage Ltd has announced that it will permanently shut the Rough facility in the North Sea – Britain’s largest natural gas storage site.
Gaz-System S.A. has announced that Jan Chadam has resigned as President of the Management Board of Polskie LNG S.A.
PGNiG has announced that it has received its first American LNG cargo.
LNG liquefaction production has grown dramatically over the past ten years.
According to Reuters, the Australian state of Victoria is working alongside AGL Energy to study the possibility of constructing an LNG import terminal to increase local gas supply.
The Middle Eastern rift between Qatar and Saudi Arabia has stoked concern over supply disruptions spilling over into global gas markets.
Asian LNG spot prices dropped last week due to a lack of significant new demand from the Middle East and others.
Natural gas traders, utilities and producers are preparing for a winter without the UK’s biggest storage facility.
BP has reached an agreement to supply PT Perusahaan Listrik Negara – the Indonesian state electricity firm – with 16 LNG cargoes annually from 2020 to 2035 from the Tangguh project.
According to Reuters, Cheniere Energy Inc. has already had negotiations with China with regards to increasing US LNG exports.