Sonatrach and CHEC have signed a contract for the extension of the Skikda oil port to include an LNG marine jetty and port infrastructure.
China’s CNOOC is currently storing LNG offshore South Korea, as warmer than average weather impacts spot demand.
The ‘3Q18 long-term LNG contracts review – Qatar signs the biggest LNG contract’ report has been added to ResearchAndMarkets.com’s offering.
Wood Mackenzie is forecasting that 2019 will see a record-breaking 60 million tpy of LNG production capacity be approved.
Nick Prowse and Penny Cygan-Jones, Norton Rose Fulbright LLP, UK, consider the global outlook for the LNG industry, with a focus on recent developments in the US, Asia, Australia, South Africa and Africa.
LNG buyers’ willingness to commit to new long-term contracts has increased significantly during 2018 amid expectations of a tighter LNG market.
CIMC has announced that, in a first for the industry, 130 LNG tank containers have been delivered from the Port of Yangpu of Hainan Province to the Port of Jinzhou, China.