US interested in Portuguese port expansion
According to Reuters, US Energy Secretary Dan Brouillette has said that US companies are interested in expanding Portugal’s deepwater port of Sines, due to its strategic position to receive US LNG exports.
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Nigeria LNG signs LNG deal with Galp
Nigeria LNG has agreed a 10 year LNG supply deal with Galp Trading SA.
China likely to shun US LNG despite multi-billion trade deal
Rystad Energy is expecting LNG trading between the US and China to remain low, despite also predicting that tariffs on trade between the two countries will be removed in the near future.
Gazprom hopes China will buy US LNG, not Europe
After the signing of a trade deal between Washington and Beijing, Gazprom is hopeful that China will purchase the majority of US-produced LNG cargoes, not Europe.
Kosmos signs Greater Tortue Ahmeyim SPA with BP Gas Marketing
Kosmos Energy and its partners have signed a sale and purchase agreement (SPA) with BP Gas Marketing Ltd.
Gail issues LNG cargo swap tender
According to Reuters, two industry sources have reported that Gail (India) has issued a swap tender to buy and sell LNG cargoes.
SMART LNG signs agreement for financing of icebreaking LNG carriers
Sovcomflot has announced that SMART LNG, LLC – a joint venture of Sovcomflot and NOVATEK – has signed an agreement with VEB.RF Group for lease financing of four Arc7 icebreaking LNG carriers for the Arctic LNG 2 project.
Optimising LNG voyages
Pekka Pakkanen, NAPA Shipping Solutions, Finland, discusses how to use better data to tackle shipping’s most complicated voyages.
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.
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.