LNG Shipping

Saudi Aramco’s trading arm, Aramco Trading Co., has sold an LNG cargo to South Korea’s S-Oil Corp.

Nigeria LNG and Total have signed a 10 year, 1.5 million tpy LNG agreement.

TMC has been awarded a contract by Hyundai Heavy Industries to deliver its air lubrication system compressors to seven LNG carriers the shipbuilder is constructing for Capital Gas Corp.

Asian LNG spot prices have fallen to a new multi-year low, with at least one cargo selling for less than US$4 per million Btu.

Asian LNG sellers, such as Osaka Gas, are seeking alternative markets as the global LNG market hits multi-year lows.

Sinopec is set to review the terms of a potential US$16 billion LNG supply deal with Cheniere Energy.

The Bontang LNG plant, in Indonesia, is offering three LNG cargoes for loading between February and April.

MSC Cruises and Chantiers de l’Atlantique have signed firm contracts for the construction of third and fourth LNG-powered MSC World Class ships.

According Reuters, there is unlikely to be a surge in Chinese demand for US LNG while tariffs remain in place, despite the signing of a new energy purchasing agreement.

Freeport LNG second liquefaction train has commenced commercial operations.

Asian LNG spot prices have dropped below US$5 per million Btu to a four-month low as buyers hold off ahead of the Lunar New Year holidays.

Qatargas has delivered the first Q-Flex LNG cargo to the ‘Summit LNG’ FSRU in Bangladesh.

Polskie LNG has posted on social media, claiming that its Swinoujscie terminal in Poland has received its second LNG cargo of 2020.

Wärtsilä is supplying a comprehensive package of integrated solutions for the first two World Class cruise vessels being built for MSC Cruises.

Novatek has reported its preliminary operating data for the whole of 2019.