Regasification

RasGas has signed a new LNG Sales and Purchase Agreement with EDF.

According to Reuters, Egyptian Natural Gas Holding Co. has launched a tender to rent a third floating storage and regasification unit.

PGNiG has announced that it has taken delivery of its first LNG cargo on the spot market through its Swinoujscie terminal, Poland.

Adriatic LNG recently received its 450th LNG cargo.

According to Reuters, Shell has confirmed that it will continue to work alongside both the UK government and European institutions, despite the country’s decision to leave the EU.

Peter Kiernan, The Economist Intelligence Unit (EIU), UK, explains why Asia remains key for future LNG market growth, despite a bearish outlook in the short-term.

According to Reuters, PGNiG has confirmed that it is not planning on purchasing any LNG spot cargoes in July 2016 through its new 3 billion zloty terminal in Swinoujscie, Poland.

GlobalData’s latest report suggests that North America will drive liquefaction capacity growth in the LNG industry.

Gazprom has signed agreements to help stimulate the growth of Bolivia’s energy market.

Research from McKinsey Energy Insights suggests that LNG oversupply could last until 2024, unless low prices can stimulate a demand recovery.

Gazprom and Gasunie officials recently met to discuss infrastructure projects and cooperation in the small scale LNG sector.

Kinder Morgan has contracted ABS Group to develop a maintenance and integrity program for the Elba Island LNG Project.

Gaz-System S.A. has confirmed that the Swinoujscie LNG terminal has been granted an operating permit.

Energy World Corp. Ltd has announced that it has achieved a drawdown of funds of approximately US$32 million under the financing document for its LNG hub terminal in Pagbilao in the Philippines.

According to Reuters, India has recommenced discussions with Japan and South Korea regarding an LNG purchasing alliance.