Sinopec preparing to resume purchases of US LNG
Sinopec Corp. will resume purchasing US LNG cargoes as soon as it receives orders to from the Chinese government.
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Sinopec Corp. will resume purchasing US LNG cargoes as soon as it receives orders to from the Chinese government.
According to Reuters, two industry sources have revealed that India’s Torrent Power is seeking an LNG cargo for delivery this month.
Phoenix Petroleum and CNOOC have signed a deal with PNOC regarding the planned Tanglawan LNG hub project.
According to Reuters, in February this year, Russia delivered a record amount of LNG to Europe: 1.41 million t, to be precise.
Asian LNG spot prices have continued to fall and have now reached a 19 month low.
Indian Oil Corp. is currently seeking an LNG cargo for delivery in April to the Port of Dahej.
According to Reuters, Hong Kong utility CLP Power is intending to start constructing Hong Kong’s first offshore LNG receiving terminal at the end of this year.
According to an annual LNG report by Royal Dutch Shell, global LNG trade will experience an increase of 11% to 354 million t this year.
EPIK Co. Ltd – an LNG project development company – has announced that it has signed a strategic partnership agreement with Hyundai LNG Shipping Co. Ltd.
Asian LNG spot prices have continued to decline, as inconsistent demand is yet to make a dent in the oversupplied state of the market.
Repsol has agreed to supply Brittany Ferries’ Spanish operations with LNG.
Tractebel has been signed by Polskie LNG to provide technical consulting services for its the LNG terminal expansion program.