China LNG news
Vitol expecting shutdowns in response to recent supply glut
Vitol’s head of LNG trading, Pablo Galante Escobar, has gone on record stating that the short term prospects for LNG business are ‘bleak’.
‘Global Capacity and Capital Expenditure Outlook for LNG Regasification Terminals, H1 2019 – 2023’ report released
The ‘H1 2019 Global Capacity and Capital Expenditure Outlook for LNG Regasification Terminals’ report has been added to ResearchAndMarkets.com’s offering.
China orders five LNG-powered containerships
According to Reuters, CMA CGM has announced that China State Shipbuilding Corp. has ordered 10 new vessels, with five to be powered by LNG, and the other five to be fitted with scrubbers instead.
Asian LNG prices now below US$5.00
Asian LNG spot prices have now broken the US$5.00 per million Btu mark, a result of a lack of growth in demand and continued high levels of supply.
New maritime emissions rules accelerate rise of LNG as transport fuel
With LNG2019 less than two weeks away, delegates discuss how tighter emissions rules for international shipping could create new long-term opportunities for LNG.
US-China LNG trade shrunk by trade war
The latest Reuters shipping data has revealed the impact of the US-China trade dispute on LNG trade between the two countries.
CNOOC considering opening up LNG terminals
CNOOC is currently holding talks with independent companies regarding access to its LNG import facilities.
An LNG consuming giant
Peter Kiernan, Economist Intelligence Unit, Singapore, reviews China’s status, growth and current activities in the LNG industry.
Sinopec and Cheniere to sign 20 year LNG deal
China Petroleum and Chemical Corp. (Sinopec) has plans in place to sign a 20 year LNG agreement with Cheniere Energy.
Sinopec preparing to resume purchases of US LNG
Sinopec Corp. will resume purchasing US LNG cargoes as soon as it receives orders to from the Chinese government.