LNG Shipping

An executive from Japan’s Inpex Corp. is predicting oversupply in the LNG market until mid-2020, at which point they expect demand from southeast Asia and India to pick up.

Adriatic LNG has reported strong results for 2019, a year in which it celebrated its 10th anniversary and achieved new activity records.

The world’s largest LNG bunker supply vessel, Nauticor’s ‘Kairos’, has conducted its 100th LNG bunker supply operation.

According to Reuters, an LNG tanker that had been travelling to China has been diverted, most likely due to lower demand caused by the coronavirus situation.

A tender for four LNG cargoes, launched by India’s Torrent Power, has been awarded with a price average of less than US$4 per million Btu.

Chinese LNG buyers are expecting demand to be severely impacted by the coronavirus epidemic that is currently gripping the country.

Qatargas Operating Co. Ltd has announced that it has supplied a commissioning LNG cargo for India’s newest LNG receiving terminal, Mundra, located on the west coast of India.

Gasum and Equinor have signed an agreement under which Gasum will deliver LNG to Equinor’s new crude shuttle tankers.

AB Klaipedos nafta has announced its unaudited financial results for 2019.

Equatorial Guinea is positioning itself as a hub for gas in the Gulf of Guinea, and hopes to deliver the first successful African cross-border gas venture.

Japan’s first LNG-fuelled vessel has been supplied with LNG as fuel for the 100th time since it was delivered in 2015.

Reuters is reporting that Qatar is not keen to renegotiate its long-term LNG deals with India.

A financing agreement has been signed by DEPA and the EIB for the construction of the first LNG bunkering vessel for maritime use in Eastern Mediterranean.

Cheniere Energy, Inc. has announced that it has produced and exported its 1000th cargo of LNG.

LNG Ltd. and Delta Offshore Energy have signed a non-binding MOU for the delivery of US LNG from Magnolia LNG to the Bac Lieu Project in Vietnam.