China LNG news
Asia to lead the LNG regasification industry in capacity growth
Asia will reportedly lead the global LNG regasification industry in capacity growth from newbuild projects by 2023, says GlobalData.
Weak LNG spot prices have little impact on Asia, while boosting Europe
According to Reuters, low LNG spot prices are having little impact in Asian markets, while the European import market has seen a significant boost.
Shenzhen Gas to launch LNG terminal
China’s Shenzhen Gas is due to launch its first fully-owned LNG import terminal in southern China.
China closing the gap on Japan as Australia’s biggest LNG customer
EnergyQuest has released its monthly LNG report for July 2019.
Increased market activity prompts Asian LNG spot price rise
Asian LNG spot prices have recently experienced a small rise, due to increased market activity.
MOL co-sponsors Shanghai LNG Forum 2019
Mitsui has announced that it jointly hosted the Shanghai LNG Forum 2019 with CSET, Dalian Maritime University and HZ Shipbuilding Group.
LNG spot prices in Asia hit new multi-year low
LNG cargoes are now trading in Asia at a three to four year low of less than US$4 per million Btu.
TGES wins FEED contract for LNG import terminal expansion
Tokyo Gas Engineering Solutions Corp. has announced that it has been awarded a contract by CPC Corp. to conduct the front-end engineering design for an expansion project of its LNG receiving terminal at Yung An, Taiwan.
Italy first in Europe for heavy LNG transport
Italy has overtaken Spain for the number of service stations for trucks that use LNG, becoming the leading operator in the sector in Europe.
Jereh to construct 10 LNG fuelling stations in Russia
Jereh has announced that it has won a contract to construct 10 new LNG fuelling stations in Russia.