Regasification

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.

Hydro has signed an LoI with the state of Pará and an MoU with Shell Brasil Petróleo LTDA to replace a portion of its current fuel oil consumption at the Alunorte alumina refinery in Brazil with natural gas.

The biggest divergence between US and Asian gas prices in a year has created an opportunity for tankers delivering LNG.

Pipeline disruption comes at a bad time for CNOOC given the cold snap fueling gas burn in northern China.