LNG export news
Asian LNG spot prices rise as low prices spark interest
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.
Shell publishes its latest annual LNG Outlook
Well-supplied global LNG market sees demand build for cleaner-burning energy, according to Shell’s latest annual LNG Outlook.
INPEX signs MOUs regarding the Abadi LNG project
INPEX has signed memorandums of understanding regarding gas supply from the Abadi LNG project, Masela Block, Indonesia.
Watchdog forecasts ample supply of gas in Australia for 2020
Australia’s competition watchdog has forecast that Eastern Australia will have an ample supply of natural gas in 2020, although prices will still be higher than expected.
Sakhalin 2 sells LNG cargo to Mitsui
According to Reuters, the Sakhalin 2 LNG plant in Russia has sold an LNG cargo to Mitsui for loading on 16 March.
Asian LNG prices hit new lows amid coronavirus epidemic
Declining Chinese LNG demand, due to the Coronavirus epidemic, has led to Asian spot prices falling to new lows.
Coronavirus epidemic diverts LNG tankers
Four LNG tankers en route to North Asia have been diverted due to the Coronavirus outbreak in China.
Nigeria LNG signs LNG deal with Galp
Nigeria LNG has agreed a 10 year LNG supply deal with Galp Trading SA.
Coronavirus affecting Woodside’s ability to sign gas deals
According to Reuters, Woodside Petroleum Ltd has announced that the coronavirus outbreak is affecting its ability to sign gas deals and sell stakes in a key growth project, reporting a 25% decrease in annual underlying profit.
Annova LNG receives authorisation for non-FTA exports
Annova LNG has announced that it has received authorisation from the US Department of Energy to export LNG to nations where the US does not have a free trade agreement.