Asia LNG news

As part of a long-term swap arrangement, Vitol will purchase 500 000 t LNG from China Gas’ contracted US volume on FOB basis and sell 500 000 t of LNG to China Gas on DES basis from 2029.

Pacific International Lines has named its first two 14 000 TEU container vessels in a ceremony at Jiangnan Shipyard in China.

Minerva Bunkering has celebrated the arrival of its newest LNG dual-fuel bunker tanker, M/V Amalthea, at a ceremony in Singapore.

PV Gas has signed a memorandum of understanding MoU with the Vietnam Electricity Group to research the supply of LNG from the Vung Ang LNG warehouse to the Quang Trach II LNG Thermal Power Plant.

The Energy Market Authority has signed a new memorandum of understanding with Korea Gas Corp. with an expanded scope to explore joint procurement of LNG between Singapore and KOGAS.

TotalEnergies has signed a charter contract with Ibaizabal for a new LNG bunker vessel of 18 600 m3 capacity.

Santos has announced the signing of a mid-term LNG supply contract with TotalEnergies Gas & Power Asia Private Ltd.

TotalEnergies has announced the signing of a heads of agreement with HD Hyundai Chemical for the delivery of 200 000 tpy of LNG for seven years starting from 2027.

Daniel Toleman, Research Director, Global LNG, and Kristina Gogoli, Senior Research Analyst, Gas & LNG, Wood Mackenzie, have reported another bumper yeah for LNG contracting, with Middle East sellers capturing the market share.

Mitsui O.S.K. Lines, Ltd and Chevron Shipping Company LLC have announced an agreement to install a hard sail wind-assisted ship propulsion system to a newbuild LNG carrier.