LNG

The latest decline in spot market prices is prompting LNG traders in Japan to be more aggressive in price reviews built into traditional long-term contracts linked to oil prices.

In response to advances in FLNG technology, Black & Veatch is enhancing its ability to serve clients with relevant expertise.

According to Reuters, Chile’s Codelco has announced that it has sold its stake in the GNL Mejillones natural gas plant for $193.5 million.

CEDIGAZ has released its ‘Medium and Long-Term Natural Gas Outlook 2019’.

Mitsui O.S.K. Lines Ltd has announced that it has signed a memorandum of understanding with COSCO SHIPPING Energy Transportation Co. Ltd, a subsidiary of China COSCO Shipping Corp. Ltd.

AB Klaipedos nafta (KN) has announced its unaudited financial results for the six month period ended 30 June 2019.

Pakistan has issued a tender for 10 LNG cargoes with delivery dates between the start of October and the end of December.

According to Reuters, the Australian government has announced that it will consider forcing gas producers to reserve some of their supply for the gas market, as it aims to reduce energy bills for both manufacturers and households.

Cheniere Energy is currently conducting scheduled maintenance on Trains 3 and 4 at the Sabine Pass LNG export terminal.

Chart Industries, Inc. has announced that it has made a strategic investment in Stabilis Energy, Inc. of up to US$7 million for up to 9% of common equity.

According to Reuters, Kosmos Energy anticipates that it will have agreed to sell down its stake in projects off the coast of Mauritania and Senegal in which it partners with BP by the of this year.

“K” Line has announced that, alongside Namura Shipbuilding Co. Ltd, it has received joint approval in principle for the concept design of an LNG-fuelled ore carrier from DNV GL.

The government of Papua New Guinea has renewed its backing for the Papua LNG project.

Fortis Inc. has released its 2019 second quarter results.

Awilco LNG ASA has announced that a term sheet for the refinancing of its two TFDE LNG carriers has been agreed and signed.