China's rising LNG demand to stem global glut
China's soaring demand for LNG is sparking industry hopes that a supply overhang causing a slump in prices will end sooner than initially anticipated.
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China's soaring demand for LNG is sparking industry hopes that a supply overhang causing a slump in prices will end sooner than initially anticipated.
Qatar Petroleum has announced that it intends to integrate the activities of Qatar Vinyl Co. into Qatar Petrochemical Co. through a service agreement arrangement.
Mitsui O.S.K. Lines Ltd has announced that it will restructure the organisation effective 1 April 2017.
Barcelona, Spain has been announced as host city to the world’s largest natural gas and LNG event – the Gastech Exhibition & Conference
Fosmax LNG is considering modifying its existing facilities to make them capable of receiving both existing and planned small scale LNG vessels at the Fos Cavaou LNG terminal in France.
Japan in January paid nearly twice as much for LNG derived from US shale gas as it did for its cheapest imports.
Chevron has temporarily suspended production of LNG at its Gorgon Train Two production line in Australia.
Italy's OLT is seeking 20 LNG cargoes for April – September delivery.
Sevan Marine ASA has announced that it has entered into a long-term framework agreement with ExxonMobil for the provision of services and use of its cylindrical hull technology.
Enarsa awarded its tender to buy nine cargoes of LNG to Gas Natural Fenosa, Trafigura, Glencore, Engie and BP among others.
Xpress Natural Gas LLC – a full-service CNG and LNG provider with operations in the US and eastern Canada – has announced that it has appointed two key executives to leadership roles.
In Moody’s latest report, it expects LNG prices to remain constrained beyond 2020, as a wave of new supply capacity comes online at a time when demand from the world’s largest importers is declining.