China LNG news
Sinopec to review LNG deal terms with Cheniere
Sinopec is set to review the terms of a potential US$16 billion LNG supply deal with Cheniere Energy.
PETRONAS signs 12-year LNG supply agreement with Shenergy
PETRONAS, through its subsidiary, PETRONAS LNG Ltd, has signed a heads of agreement with Shenergy Group Co. Ltd to supply approximately 1.5 million tpy of LNG to its Wuhaogou receiving terminal in China.
Chinese demand surge for US LNG unlikely under tariffs
According Reuters, there is unlikely to be a surge in Chinese demand for US LNG while tariffs remain in place, despite the signing of a new energy purchasing agreement.
Asian LNG spot prices drop to four-month low
Asian LNG spot prices have dropped below US$5 per million Btu to a four-month low as buyers hold off ahead of the Lunar New Year holidays.
Wood Mackenzie comments on US-China Phase 1 trade agreement
Following the phase 1 signing of the trade agreement between the US and China, Wood Mackenzie Asia Pacific Vice Chair, Gavin Thompson, has provided his thoughts on the matter.
UECC holds steel cutting ceremony for LNG PCTC
A steel cutting ceremony has been held for UECC’s first battery hybrid LNG powered pure car truck carrier.
Increase reported for Asian spot LNG prices
Asian LNG spot prices have seen an increase for February deliveries.
LNG carrier for Yamal LNG project named 'LNG Merak'
MOL has announced that a naming ceremony for the LNG carrier ‘LNG Merak’ was held at Hudong-Zhonghua Shipbuilding.
China imported more LNG than Japan in November and December 2019
According to Reuters, data from Refinitiv Eikon shows that China imported a record high monthly volume of LNG in December 2019, overtaking Japan as the world’s top LNG importer for the second month in a row.
Asian LNG spot prices remain steady
Asian LNG spot prices have seen little change this week, due to a quiet market and low liquidity.