China LNG news
2019 a banner year for LNG
The Chief of the IEA has announced that there have been record investments in LNG this year.
LNG carrier for Yamal LNG project named 'LNG DUBHE'
Mitsui (MOL) has announced that a naming ceremony for an LNG carrier was held at Hudong-Zhonghua Shipbuilding.
Argentina LNG exports positioned to meet peak demand in Asia
Argentina is expected to emerge as a new source of LNG supply to Asia during peak demand periods, according to research from Wood Mackenzie discussed at Gastech.
US to drive newbuild, small scale LNG capacity
According to GlobalData, the US is due to contribute 40% of global newbuild, small scale LNG liquefaction capacity additions by 2023.
Mitsui to expand iron ore and LNG assets
Japan’s Mitsui & Co. has plans to expand its iron ore and LNG assets, despite indications that the global economy is slowing.
FESCO to work with Chinese companies to expedite LNG deliveries
FESCO and Chinese logistics companies have agreed to develop intermodal transportation of LNG in tank containers from the Russian Far East to China.
Japan imports first Chinese LNG cargo since 1988
According to Reuters, in July, Japan imported its first LNG cargo from China since 1988, as utilities seek new suppliers and try to reduce costs amid tough domestic competition.
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.