Asian LNG spot prices have fallen to a three-week low, as the low-demand market continues to be fed with new cargoes.
The escalation of the trade war between the US and China could jeopardise several LNG mega projects that are awaiting final approval, according to Rystad Energy.
API have issued a statement in response to China’s increase of the retaliatory tariffs on US products, including US LNG.
Wood Mackenzie has released a statement discussing the US-China trade war and its consequences for the LNG market.
Wärtsilä has won the contract to supply 40 generating sets for 12 new LNG fuelled platform supply vessels, the first such vessels to be built for a Chinese owner.
Toshiba Corp. has announced that plans for its US LNG business to be sold to China’s ENN have been scrapped.