Regasification

The possibility of another warm winter this year has caused natural gas traders to drop futures for the first half of 2018.

Skangas is to source LNG at the import terminal on the Isle of Grain.

Swiss trading houses are expanding into the global market for LNG.

AB Klaipedos Nafta has released its preliminary activity and revenue results for November 2017.

Australia’s Mineral Resources has offered AUS$484 million for domestic gas producer AWE Ltd.

CERCG said it is investigating whether to ship LNG from Western Australia to the gas-hungry east coast market.

Asian LNG spot prices rose above US$10 per mmBtu on 7 December.

China’s state-owned CNOOC is spending US$10 million to lease two tankers to store an emergency stash of LNG.

Excelerate Energy and EXMAR NV have announced that they have concluded the acquisition by Excelerate Energy of the full 50% shares held by EXMAR in four companies.

The Soma LNG Terminal is a large scale LNG terminal.

An agreement on LNG with EDF Trading would follow JERA’s purchase of the French company’s coal and freight trading business.

Wison has announced that it will collaborate with CCS Wuhan Rules & Research Institute on China’s FSRU industry standards.

Spot prices LNG-AS for January delivery were steady at US$9.85 per mmBtu.

China’s state planner has ordered eight regions to meet with natural gas producers, LNG terminal operators and traders.

A surge in speculative interest in the US LNG export boom has pushed open interest in natural gas futures to an all-time high.