Faltering supply prompts short-covering price rally
Asian spot LNG prices gained ground this week with traders and portfolio players engaged in short-covering.
Asian spot LNG prices gained ground this week with traders and portfolio players engaged in short-covering.
The last massive component of Australia's US$180 billion LNG construction boom arrived on 14 August.
Santos has announced that it has signed an agreement with ENGIE for the provision of gas to the Pelican Point Power Station, which will help to support South Australia’s energy requirements.
Egypt is planning to import 80 cargoes of LNG during the 2017/18 financial year that began in July.
Qatargas has announced that it has delivered the first Q-Max LNG cargo under a long-term sale and purchase agreement between Qatargas 3 and PTT Public Co. Ltd.
Wison Offshore & Marine Ltd has announced that it has received approval in principal from Bureau Veritas for its new large scale floating LNG storage and regasification terminal.