According to Reuters, India’s Essar Group is looking to purchase 12 LNG cargoes for delivery next year.
India’s Reliance Industries has been seeking an LNG cargo for delivery in October.
According to Oil Search, the current low LNG spot prices will have no impact on a long-term contract arbitration being held between Osaka Gas and the PNG LNG project.
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According to Reuters, low LNG spot prices are having little impact in Asian markets, while the European import market has seen a significant boost.
The Scottish Government has announced that it has reached an agreement with administrators to take the Ferguson Marine shipyard in Port Glasgow into public control.
According to Reuters, Asian spot prices for LNG have remained at a steady level this week, amid hot weather in Japan leading to purchasing activity, while a new US project is expected to load its first cargo soon.
ExxonMobil Asia Pacific has signed a charter agreement with Singapore’s Sinanju Tankers Holdings Pte Ltd. for a two-year lease of Singapore’s first LNG-fuelled bunker tanker.