US LNG share prices fall amid Chinese demand slump
US LNG company share values have declined as China has begun suspending purchases amid weaker demand and record low spot prices.
US LNG company share values have declined as China has begun suspending purchases amid weaker demand and record low spot prices.
According to Reuters, the head of Total has said that Exxon Mobil Corp. and the government of Papua New Guinea must resume talks so that the US$13 billion expansion of gas production can proceed.
Reuters is reporting that Total has rejected a force majeure notice issued by a Chinese LNG buyer.
According to Reuters, PetroVietnam Power Corp. has signed an agreement with a consortium to arrange funds for the expansion of its gas-fired power complex in southern Vietnam.