Latest reports show improvement in Asian LNG spot prices
Asian LNG spot prices have increased marginally from the recent record lows as Chinese buyers have begun re-entering the market.
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Asian LNG spot prices have increased marginally from the recent record lows as Chinese buyers have begun re-entering the market.
Lloyd’s Register has announced that it has signed a 55-month contract to support LNG Canada with the safe construction and delivery of a new LNG liquefaction and export terminal in Kitimat, British Columbia.
Qatargas Operating Co. Ltd. has announced the delivery of the first cargo of LNG on a Q-Flex vessel to the ENN Zhoushan LNG receiving terminal in China.
Pavilion Energy is requesting that LNG suppliers contribute towards the development of an industry standard to measure LNG’s total GHG emissions.
Polskie Górnictwo Naftowe i Gazownictwo (PGNIG) has officially become the sole user of the small scale LNG reloading station in Klaipeda, Lithuania.
During 1Q20, a record 72 ships were processed at the Zeebrugge terminal, including 55 ships involved in an LNG transshipment operation.
Energy Transfer has released a statement commenting on Shell’s decision not to proceed with an equity investment in the Lake Charles LNG project due to current market conditions.
Shell has announced that, given the current market conditions, it has decided not to proceed with an equity interest in the proposed Lake Charles LNG project.
LNG suppliers have been flooding the LNG spot market with excess cargoes as global demand continues to dwindle due to coronavirus.
An LNG tanker is en route to China from the US to make the first delivery of this kind since March 2019.
PNG LNG, operated by Exxon Mobil Corp, has sold an LNG cargo for loading in April.
Asian spot LNG cargo prices have risen for a third straight week, as Chinese demand continues to recover.