Asia to dominate long-term LNG demand growth
BNEF are predicting that Asia will play a more dominant role in driving LNG demand, and demand growth in Europe will be challenged by competition.
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BNEF are predicting that Asia will play a more dominant role in driving LNG demand, and demand growth in Europe will be challenged by competition.
Ghana has signed agreements with two Chinese companies to build the important infrastructure it needs to begin importing LNG.
Novatek and JOGMEC have agreed to explore opportunities to cooperate on Novatek’s LNG projects in the Yamal and Gydan peninsulas.
Qatargas has announced a 22-year LNG sale and purchase agreement with Petrochina.
Venture Global LNG has entered into a LNG sales and purchase agreement with Repsol for 1 million tpy.
German utility RWE has secured access to substantial annual capacity of a LNG import terminal due to be constructed in Germany.
Qatari Energy Minister Mohammed al-Sada is expecting Chinese demand for LNG to grow by 20 – 25% in 2018.
Three new Arctic class LNG tankers have completed sea trials and are due to start operations at the Yamal LNG terminal.
Qatar Petroleum is reportedly in discussions with German energy companies Uniper and RWE about cooperating on a potential LNG terminal.
Trelleborg and Synertec have announced a strategic partnership with the aim of meeting the global demand for more accurate and efficient LNG custody transfer.
Dominion Energy announces commitments secured for US$3 billion Cove Point term loan.
Japanese demand for LNG is set to decline rapidly as the country’s nuclear reactors restart.