LNG

LNG prices in northern China have dropped more than 40% from record highs reached less than two weeks ago.

TMS CARDIFF GAS has announced a time charter with TOTAL for seven years and has placed newbuilding orders of the X Carrier Series of LNG ships.

The Japanese project finance bank will advise Commonwealth LNG on a LNG export terminal in Louisiana.

The LNG industry needs to start planning for shortages even as analysts project a glut starting next year.

GTT has agreed to assist a Korean shipyard with the design of LNG tanks for a new LNG carrier.

Gail India has tendered to buy LNG for delivery between 20 January and 10 February.

Qatar Petroleum’s merger of LNG producers Qatargas and RasGas will save the company US$550 million annually.

Over the past few years, Pembina has experienced transformational growth.

Asian spot LNG prices remain higher than recent annual levels as low temperatures boost buying.

Beijing’s crackdown on pollution has put China on track to overtake Japan this year as the world’s biggest importer of natural gas.

GasLog has ordered a newbuild vessel with XDF propulsion from Samsung Heavy Industries.

Government data published on 2 January showed that output jumped 7.9% to beat a 2011 record.

Shipping data in Thomson Reuters Eikon shows that China’s imports of LNG will have risen by more than 50% in 2017.

LNG finished 2017 in stunning fashion as a crackdown on pollution in China boosts demand for cleaner fossil fuels.

Mitsui has announced that a naming ceremony was held for an ice-breaking LNG carrier at Daewoo Shipbuilding & Marine Engineering Co., Ltd.