Inpex sells Ichthys LNG cargo
Inpex Corp. has a sold an LNG spot cargo from its Ichthys LNG project in Australia to France’s Engie.
LNG Shipping
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SCF Group expands LNG fleet and strengthens partnership with Total
A naming ceremony has been held for SCF Group’s latest LNG carrier, ‘SCF La Perouse’.
“K” Line enters time charter with Petronas LNG for newbuild LNG vessels
“K” Line has announced that it has signed a long-term 12-year time charter contract from 2022 with PETRONAS LNG Ltd for two newbuild LNG carriers.
Chinese LNG demand set to be slashed by Coronavirus
According to Rystad, the Coronavirus is set to slash Chinese LNG demand, however the removal of the US LNG tariff could save the day.
Qatargas signs LNG SPA with Kuwait
Qatargas has announced the signing of a new, long term LNG SPA with Shell to deliver 1 million tpy of LNG to the State of Kuwait.
US LNG share prices fall amid Chinese demand slump
US LNG company share values have declined as China has begun suspending purchases amid weaker demand and record low spot prices.
Total rejects Chinese LNG buyer’s force majeure notice
Reuters is reporting that Total has rejected a force majeure notice issued by a Chinese LNG buyer.
Haynes and Boone partners comment on CNOOC declaration of force majeure
Following the news that China National Offshore Oil Corp. has invoked force majeure on several LNG deliveries, Rob Patterson and Myles Mantle, London Partners at law firm Haynes and Boone, have offered their insights.
CNOOC declares force majeure on some LNG deliveries
According to Reuters, China National Offshore Oil Corp. has declared force majeure on several prompt LNG deliveries from at least three different suppliers.
CMA CGM selects GTT’s service portfolio to support its transition to LNG fuel
GTT has announced that CMA CGM Group has chosen its global portfolio of services and assistance for the commissioning, operation and maintenance of its LNG-powered container ships.
Cheniere continues supplying LNG to China
According to Reuters, an executive at Cheniere has revealed that the company’s sole Chinese contract customer continues to take committed LNG supplies.
LNG will be oversupplied until mid-2020
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 ends 2019 with new record highs
Adriatic LNG has reported strong results for 2019, a year in which it celebrated its 10th anniversary and achieved new activity records.
Nauticor’s ‘Kairos’ conducts milestone LNG bunkering operation
The world’s largest LNG bunker supply vessel, Nauticor’s ‘Kairos’, has conducted its 100th LNG bunker supply operation.
LNG tanker en route to China diverted due to coronavirus
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.