JGC HOLDINGS CORPORATION has announced the appointment of Farhan Mujib as the new Senior Executive Vice President of JGC CORPORATION.
Tokyo Gas has no immediate plan to cut its LNG purchases, despite the weaker levels of demand caused by the global COVID-19 coronavirus pandemic.
Asian LNG spot prices have increased marginally from the recent record lows as Chinese buyers have begun re-entering the market.
Asian spot LNG cargo prices have risen for a third straight week, as Chinese demand continues to recover.
Prices for LNG spot cargoes delivered to Japan in February reached record lows due to the impact of coronavirus, oversupply and mild weather on demand.
Asian LNG spot prices have risen as supply has constricted, primarily due to a lack of available cargoes and coronavirus.
Well-supplied global LNG market sees demand build for cleaner-burning energy, according to Shell’s latest annual LNG Outlook.
INPEX has signed memorandums of understanding regarding gas supply from the Abadi LNG project, Masela Block, Indonesia.
Japan’s first LNG-fuelled vessel has been supplied with LNG as fuel for the 100th time since it was delivered in 2015.