Asian LNG spot prices rise as supply constricts
Asian LNG spot prices have risen as supply has constricted, primarily due to a lack of available cargoes and coronavirus.
LNG Shipping
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PetroChina declares force majeure on some natural gas imports
PetroChina has suspended some of its natural gas contracts, including both LNG and pipeline imports due to the compounded impact of declining demand and coronavirus.
Tellurian to cut costs and exercise discipline amid LNG market uncertainly
Tellurian Inc. has announced that it plans to cut corporate spending and is seeking to reorganise financing for its 2019 term loan, in light of uncertain conditions in the LNG market.
LNG Allies, USTDA and US Chamber of Commerce GEI to host US LNG event
LNG Allies, USTDA and the US Chamber of Commerce GEI are set to hold an event to discuss the topic of: ‘Supporting US LNG Exports through Global Gas Infrastructure Development’.
GasLog signs training agreement with Siport21
GasLog has announced that it has signed an annual contract to train its LNG carrier captains and officers in Siport21 Ship Simulation Centre.
Remote communities in Canada to benefit from KATE and Ferus LNG partnership
KATE Energy has entered into a long-term master services agreement with Ferus NGF to secure LNG from the Dawson Creek LNG facility.
Ferus NGF signs LNG supply deal with Yukon Energy Corp
Ferus Natural Gas Fuels Inc. has secured a long-term LNG supply contract with Yukon Energy Corp.
Wärtsilä supplies LNG cargo handling system to Korea Line
Wärtsilä has been selected to supply the cargo handling system for a new LNG bunkering vessel, which is being built for Korea Line at Hyundai Mipo Dockyard.
Annova LNG signs lease with Port of Brownsville
Annova LNG has held a signing ceremony with the Port of Brownsville leadership to celebrate the signing of a 30-year lease for more than 700 acres.
Cameron LNG Train 2 begins commercial operation
McDermott International, Inc. has announced the start of commercial operations at Train 2 at Cameron LNG.
The rise of China
Rob Patterson and Myles Mantle, UK, and Liza Mark, China, Haynes and Boone, take an in-depth look at the Chinese LNG market.
EG LNG celebrates milestone cargo loading
EG LNG, the LNG liquefaction and export terminal located on Equatorial Guinea’s Bioko Island, has celebrated the loading of its 700th LNG cargo.
GTT releases its 2019 annual results
Gaztransport & Technigaz (GTT) has released its annual results for 2019, reporting a record level of new orders and results above expectations.
Sakhalin 2 offers April LNG cargo
Russia’s Sakhalin 2 LNG plant is currently offering a spot cargo for loading in April.
GS Energy seeks LNG cargo
South Korea’s GS Energy is seeking an LNG cargo for April delivery on a bilateral basis.