China LNG news
PETRONAS inks LNG deal with Tiger Clean Energy Limited
PETRONAS has concluded an SPA with Tiger Clean Energy Limited for the supply of LNG.
China breaks ground on new LNG project
China’s National Petroleum and Natural Gas Pipeline Network Group has announced that ground has been broken for a new LNG terminal project in Yantai, Shandong Province.
Asian LNG spot prices jump 20%
Asian LNG spot prices have recorded a jump of at least 20% in the last week, due to constricted supply amid recovering demand in Asia.
QP signs deal to reserve LNG shipyard capacity in China
Qatar Petroleum has entered into an agreement to reserve LNG ship construction capacity in China to be utilised for its future LNG carrier fleet requirements.
First US LNG cargo arrives in China since March 2019
The LNG tanker Maran Gas Vergina has delivered an LNG cargo to China from the US, the first in 13 months.
GCL and Shell explore development of JV
According to Reuters, GCL Oil & Natural Gas Co. Ltd and Shell have signed a framework agreement to explore the development of a joint venture based in eastern China to market and trade LNG.
US LNG cargoes bound for China after tax waivers announced
LNG tankers carrying US LNG are bound for China after Beijing announced that it would be granting tax waivers to some importers.
Latest reports show improvement in Asian LNG spot prices
Asian LNG spot prices have increased marginally from the recent record lows as Chinese buyers have begun re-entering the market.
Sinopec starts building LNG tanks at Tianjin
Sinopec has started building LNG tanks as part of the second phase of its Tianjin LNG terminal project.
Qatargas delivers first Q-Flex LNG cargo to Zhoushan terminal
Qatargas Operating Co. Ltd. has announced the delivery of the first cargo of LNG on a Q-Flex vessel to the ENN Zhoushan LNG receiving terminal in China.