According to Reuters, Singapore’s Pavilion Energy has taken the decision not to lift an LNG cargo from the US due to “scheduling and other commercial matters”.
The latest Asian LNG spot prices are the lowest recorded for this time of year in a decade, and a mild winter is still to come.
Asian LNG spot prices have fallen for a third consecutive week, in response to forecasts of a mild winter.
Japanese gas buyers have been celebrating the 50th anniversary of the first LNG cargo delivery to Japan.
According to Reuters, JERA Global Markets is looking to purchase up to 0.5 million t of spot LNG for delivery in 1Q20.
LNG spot prices for Asia have risen to a new eight-month high, as demand for pre-winter cargoes emerges.
According to Reuters, Tokyo Gas has rejected the delivery of an LNG cargo after the vessel experienced a power outage after it entered Tokyo Bay.