KN releases its January LNG revenue results
AB Klaipedos Nafta has reported its preliminary LNG revenue results for January 2020.
Regasification
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Haynes and Boone partners comment on CNOOC declaration of force majeure
Following the news that China National Offshore Oil Corp. has invoked force majeure on several LNG deliveries, Rob Patterson and Myles Mantle, London Partners at law firm Haynes and Boone, have offered their insights.
CNOOC declares force majeure on some LNG deliveries
According to Reuters, China National Offshore Oil Corp. has declared force majeure on several prompt LNG deliveries from at least three different suppliers.
Cheniere continues supplying LNG to China
According to Reuters, an executive at Cheniere has revealed that the company’s sole Chinese contract customer continues to take committed LNG supplies.
Total sells interest in Fos Cavaou regasification terminal
Total has announced that it has divested its 27.5% interest in Fosmax LNG – the operator of the Fos Cavaou LNG terminal – as a result of a competitive sale process to Elengy, Fosmax LNG’s shareholder with a 72.5% stake, that exercised its pre-emption right.
Adriatic LNG ends 2019 with new record highs
Adriatic LNG has reported strong results for 2019, a year in which it celebrated its 10th anniversary and achieved new activity records.
LNG tanker en route to China diverted due to coronavirus
According to Reuters, an LNG tanker that had been travelling to China has been diverted, most likely due to lower demand caused by the coronavirus situation.
Petronet LNG and Tellurian to sign US$2.5 billion agreement
According to Reuters, Petronet LNG and Tellurian Inc. are set to sign a deal worth US$2.5 billion during President Donald Trump’s trip to New Delhi, India, this month.
KN to provide operations and maintenance services for Brazilian LNG terminal
AB Klaipedos nafta has signed an agreement for the provision of operations and maintenance services in connection with a Brazilian LNG terminal.
Qatargas delivers commissioning LNG cargo to Indian terminal
Qatargas Operating Co. Ltd has announced that it has supplied a commissioning LNG cargo for India’s newest LNG receiving terminal, Mundra, located on the west coast of India.
KN releases latest unaudited financial results
AB Klaipedos nafta has announced its unaudited financial results for 2019.
European LNG imports to reach nearly 100 million t this year
According to Reuters, Europe’s LNG imports are expected to increase to nearly 100 million t this year.
Excelerate and Engro Elengy Terminal sign LNG terminal expansion agreement
Excelerate Energy L.P. has signed a heads of agreement with Engro Elengy Terminal Ltd for the expansion of the EETL LNG import terminal located in Port Qasim, Pakistan.
Bahrain LNG completes construction
Bahrain LNG W.L.L has completed the mechanical construction and commissioning of the first LNG receiving and regasification terminal in the Middle East.
Beijing Gas granted approval for LNG terminal
Beijing Gas Group has been granted state approval to build its proposed Tianjin LNG receiving terminal.