Tellurian Inc. has announced that it plans to cut corporate spending and is seeking to reorganise financing for its 2019 term loan, in light of uncertain conditions in the LNG market.
Tellurian and Petronet have extended their MOU for up to 5 million tpy of LNG and equity investment in Driftwood.
Chart Industries, Inc. has announced that it has signed a letter of cooperation with ExxonMobil India LNG Ltd and Indian Oil Corp. focused on pioneering virtual pipelines to accelerate gas access in India.
After weeks of declines and lows, Asian LNG spot prices are now on the rise, as the low prices have drawn interest from several buyers.
According to Reuters, Atlantic Gulf and Pacific believes it will be able to give approval for two more LNG terminals within the two years.
Well-supplied global LNG market sees demand build for cleaner-burning energy, according to Shell’s latest annual LNG Outlook.
AG&P has announced that it has broken ground on its LNG import facility at Karaikal Port, Puducherry, India.