China's energy giants return to Asian LNG market as sellers
Falling industrial demand and mild weather have turned China’s energy giants into sellers of LNG.
Falling industrial demand and mild weather have turned China’s energy giants into sellers of LNG.
Imports of both piped gas and LNG have hovered around record highs in winter months.
Energy executives say the Trump administration’s proposed steel and aluminium tariffs could bump up the cost of big-ticket projects needed for rapidly rising US gas output.
Global natural gas markets were roiled last week as an earthquake in Papua New Guinea caused a large-scale supply disruption of LNG.
A LNG tanker bound for Papua New Guinea from Taiwan has diverted to Singapore following a powerful earthquake that has halted LNG supply from the country.
“K” LINE Group and Uyeno Group of Companies join SEA\LNG to inspire discussion and collaboration in Asia-Pacific’s thriving LNG hub.
China’s ENN will have the first phase of the country’s first privately owned LNG import terminal ready by the middle of this year.
China surpassed South Korea to become the world’s second-largest importer of LNG in 2017.
Gail has launched a tender to buy a LNG cargo for delivery in March.
More than US$200 billion of investment in LNG is needed to meet a boom in demand by 2030, according to Royal Dutch Shell.
Billionaire miner Andrew Forrest and two of Japan’s biggest power companies plan to build a LNG import terminal in Australia by 2020.
A consortium including Japan’s JERA and Marubeni Corp is aiming to ship LNG to Australia’s east coast.
The rollercoaster that drags LNG prices higher as demand jumps in the northern hemisphere winter is going into overdrive.
Russia’s Novatek sees a global glut in LNG dwindling rapidly due to lack of the new projects while future LNG demand will increase.
Together with Pakistan and India, Bangladesh is making South Asia a hotspot for LNG demand.