LNG - 11 September 2017

ABS has announced that it has granted approval in principle to Hyundai Heavy Industries for its floating LNG hull design.

Angola LNG Ltd has announced that it has entered into an LNG sales agreement with RWE Supply & Trading.

The global glut plaguing LNG markets may start to dwindle in five years according to a new report.

GAIL and Petronet rose as much as 4% in early trade, on reports of the government renegotiating LNG import pricing with Australia.

Asian spot LNG prices rose to their highest since mid-February this week.

Prices for LNG spot cargoes for Japan hit a five-month high in August.

The Japan Bank for International Cooperation has announced that it has signed a memorandum of understanding with Gazprom.

Baker Hughes has announced a major subsea contract from Petrobel for phase two of the supergiant Zohr Gas Field.

According to Reuters, India has renegotiated the price of LNG from the Gorgon project in Australia, in order to make it more affordable for price-sensitive domestic customers.