Regasification

According to Reuters, Sinopec Corp. and Zhejiang Energy Group Co. Ltd are jointly working to develop a 3 million tpy LNG receiving terminal in eastern China.

According to Reuters, the Electricity Generating Authority of Thailand is looking to import LNG directly for the first time.

Australian Industrial Energy has entered into an agreement with Höegh LNG to supply the FSRU for the proposed Port Kembla Gas Terminal.

AES Corp. has released a statement inaugurating AES Colón, a 381 MW combined cycle power plant and the first LNG terminal in Central America.

According to Reuters, Mitsubishi Corp. has reached an agreement to acquire a 25% stake in the Summit LNG terminal in Bangladesh, and is planning to help in the development of an offshore receiving facility in the country.

The Ministère de l'Énergie et des Ressources naturelles and the Société du Plan Nord have announced that they are launching a call for proposals to identify a supplier capable of supplying LNG to the Côte-Nord region.

According to Reuters, Zhenhua Oil Corp. – a Chinese company and subsidiary of Chinese defence conglomerate Norinco – has established a new business unit, which will invest in LNG terminals.

Skangas has announced that it has entered into an agreement with cement manufacturer Finnsementti, under which Skangas will supply LNG to the Raahe blast-furnace slag plant for production process use.

Europe accounts for approximately 10% of total US LNG exports.

The EU said it was delivering on a deal with US President Donald Trump to buy more US LNG on 9 August but called on Washington to do more to make its prices competitive.

PetroChina Ltd is in advanced discussions with Qatar to purchase LNG under short- and long-term agreements.

A new race to build multi-billion dollar LNG plants is gaining momentum after a long hiatus in investments as energy giants sense a widening supply gap within five years.

China’s proposed tariffs on US LNG and crude oil exports opens a new front in the trade war between the two countries.

NDRC opening access to LNG terminals and storage to third parties.

Sinopec’s plan to expand its LNG terminal in east China’s Shandong province has won a green light from the provincial government.