Regasification

Rising LNG production over the last two years has exceeded demand and depressed prices.

The LNG tanker Provalys heading for Chile last month sailed around South America instead of taking a shortcut through the expanded Panama Canal.

Petronas is looking to buy a stake in Indian Oil Corp's Ennore LNG import terminal.

Synectics – a global surveillance business – has announced that it has secured contracts for a number of offshore oil and gas projects, including three LNG FSRUs.

AB Klaipedos Nafta has released a video looking at the progress of its LNG reloading station.

Cheniere Energy Inc is setting up an office in Beijing to help it clinch long-term supply deals with Chinese buyers.

Asian spot LNG prices gained ground this week with traders and portfolio players engaged in short-covering.

Santos has announced that it has signed an agreement with ENGIE for the provision of gas to the Pelican Point Power Station, which will help to support South Australia’s energy requirements.

Egypt is planning to import 80 cargoes of LNG during the 2017/18 financial year that began in July.

Qatargas has announced that it has delivered the first Q-Max LNG cargo under a long-term sale and purchase agreement between Qatargas 3 and PTT Public Co. Ltd.

Wison Offshore & Marine Ltd has announced that it has received approval in principal from Bureau Veritas for its new large scale floating LNG storage and regasification terminal.

King & Spalding has announced that it is acting for Summit Corp. on all aspects of the floating LNG import terminal in Bangladesh.

Korea Gas Corp has announced that domestic gas sales in July fell 2.4% from a year earlier.

Thailand’s PTT’s July purchase of a stake in a LNG plant operated by Malaysia's Petronas will be its model for securing natural gas in the future.

Petrobras operates three regasification terminals in Brazil.