LNG - 30 March 2020

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.

Dominion Energy has completed its acquisition of Pivotal LNG from Southern Company and assumed part ownership of JAX LNG.