China LNG news

Shell Canada Energy and its joint venture participants have taken a final investment decision (FID) on LNG Canada.

Asian spot LNG prices have suffered a further decline from multi-year seasonal highs as demand remains low.

LNG2019 is presented by the IGU, GTI and the IIR – the only LNG event owned by the industry, run for the industry.

China’s Sinopec has completed the construction of a third LNG storage tank at the LNG terminal in Tianjin.

The Green Corridor Joint Industry Project (JIP) has concluded with the delivery of a LNG-fuelled Newcastlemax design for a VLOC.

China has set a 10% tariff on US LNG imports, undermining President Trump’s drive to establish the US as a global energy leader.

BNEF are predicting that Asia will play a more dominant role in driving LNG demand, and demand growth in Europe will be challenged by competition.

Qatargas has announced a 22-year LNG sale and purchase agreement with Petrochina.

Qatari Energy Minister Mohammed al-Sada is expecting Chinese demand for LNG to grow by 20 – 25% in 2018.

The Gas into Motors NGV rally across China, Kazakhstan and Russia, powered by LNG, recently opened in Rudong.