
Asian LNG prices hit two month high
Asian spot LNG prices have risen for the second straight week and reached their highest point in over two months.
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Asian spot LNG prices have risen for the second straight week and reached their highest point in over two months.

Vopak will invest in Elenergy Terminal Pakistan Ltd.

Pakistan LNG has cancelled a tender seeking six cargoes of LNG for delivery in July and August.

LNG trade continued to set records in 2017, reaching 293.1 million t – a 12% increase on 2016.

A tender by Pakistan to purchase six LNG cargoes for delivery in July and August has drawn six bids by trader Gunvor, three by Vitol and two by Trafigura.

Nakilat has signed an agreement with Excelerate Energy-USA for its first FSRU vessel.

Pakistan’s anti-corruption agency has approved an inquiry into former prime minister Shahid Khaqan Abbasi and his predecessor Nawaz Sharif over a LNG terminal project.

The latest ‘Global LNG Market Analysis & Outlook 2018 – 2022’ has been released by ResearchAndMarkets.com.

A pledge by Pakistan’s ruling party to end electricity outages ahead of a general election in mid-2018 is being undermined.

Alexey Miller and Pakistani Foreign Minister Khawaja Muhammad Asif have met to discuss potential LNG supplies to Pakistan.

Commodity traders Gunvor and B.B. Energy have submitted the most competitive offers in a tender to supply Pakistan with three LNG cargoes in April.

Talks are being held between Pakistan, France, Italy and Spain on the subject of LNG imports.