LNG Shipping

Asian LNG spot prices continue to be negatively impacted by the growing supply glut.

Elengy and Rubis Terminal have signed an MOU to launch preliminary studies for the development of an LNG storage facility at the Reichstett (Bas-Rhin) storage terminal.

One of Flex LNG’s subsidiaries has entered into a long-term time charter with a subsidiary of Gunvor Group.

DIF Capital Partners has signed final documentation for the acquisition of a stake in a French company that will own and operate a fleet of five to-be-built LNG carriers.

Freeport LNG has requested authority from the US FERC to place its first train into service.

Thailand’s PTT has purchased 10 LNG cargoes for delivery over the course of a year, starting in March 2020.

Electricity Generating Authority of Thailand (EGAT) has closed a spot tender deal to import its first cargoes of LNG.

Höegh LNG has reported its interim results for the quarter ended 30 September 2019.

Chart Industries has joined SEA\LNG, expanding the coalition's membership breadth.

Gazprom has decided to focus on LNG over shale gas moving forward, in light of the projected global growth prospects of both industries.

North Sea Port and Titan LNG have completed the first ship-to-ship LNG bunkering in the port of Ghent.

According to Reuters, three industry sources have said that Indian Oil Corp. is seeking an LNG cargo for delivery in December.

MOL Group has announced its plans to build Japan’s first two LNG-fuelled ferries.

Flex LNG Ltd. has released its unaudited financial results for the third quarter and nine months ended 30 September 2019.

According to Reuters, Singapore’s Pavilion Energy has taken the decision not to lift an LNG cargo from the US due to “scheduling and other commercial matters”.