LNG suppliers have been flooding the LNG spot market with excess cargoes as global demand continues to dwindle due to coronavirus.
An LNG tanker is en route to China from the US to make the first delivery of this kind since March 2019.
German LNG Terminal Gmbh has announced that it has garnered significant interest, and is ready to sign heads of agreement.
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MAN Energy Solutions has been commissioned by OxGas – a company fully owned by the Port of Oxelösund in Sweden – to act as owners engineer in the development and construction of a multi-functional terminal for liquefied methane-based fuels in the port.
According to Reuters, Poland’s PGNiG has said that it is not planning to start negotiations aimed at modifying its gas import contracts just yet, as it is too early to gauge the full impact of the coronavirus pandemic on domestic gas demand.
According to Reuters, Petronet LNG – India’s top gas importer – has issued force majeure notice to Qatargas, as it seeks to delay the loading of LNG cargoes under long-term deals.
According to Reuters, Sempra Energy has announced that it will proceed with its plan to construct the first phase of the Costa Azul LNG export facility in Mexico.
NV5 Global, Inc. has announced that it has been awarded two new contracts valued at US$8 million for LNG projects by two prominent Eastern US natural gas utilities.