Regasification

China's LNG imports hit a record high in December, driven by the nation’s push towards cleaner fuels.

Oversupply will persist into the mid-2020 dampening the intrinsic value of LNG contracts.

Pakistan LNG launched a five-year supply tender and a 15-year tender last year to purchase 240 shipments of LNG.

According to Reuters, Pakistan LNG has signed agreements with Gunvor and Italy’s Eni for LNG shipments.

Bangladesh is likely to land 3.75 million t of LNG at an estimated cost of US$2.28 billion.

In the increasingly competitive world of Japan’s energy market, there may be safety in numbers.

Höegh LNG Holdings Ltd has announced that it has signed a shipbuilding contract with Hyundai Heavy Industries Co. Ltd for a new floating storage and regasification unit.

GRTgaz has announced that a force majeure in Algeria and tensions in the global gas market were reducing deliveries of LNG to southern France.

Höegh LNG Holdings Ltd has signed a firm shipbuilding contract and an agreement for three optional FSRUs with Samsung Heavy Industries in South Korea.

BW Group has announced that it has held a naming ceremony for its second LNG floating storage and regasification unit at Samsung Heavy Industries Shipyard.

LNG prices falling to the lowest in a decade last year spurred fresh demand while suppressing investment in new production.

Asian spot liquefied natural gas prices fell from a two-year high this week.

The Kochi terminal will supply LNG to the western state of Karnataka.

Wood Mackenzie has announced that Egypt’s gas market is set to undergo profound changes within the next five years, and claims that these could impact the global LNG market, with Egypt positioning itself as a prominent seasonal player.

The project comprises the development of a FLNG storage unit and a new combined cycle gas fired power plant.