LNG export news
Saudi Aramco sells LNG to South Korea
Saudi Aramco’s trading arm, Aramco Trading Co., has sold an LNG cargo to South Korea’s S-Oil Corp.
Total and Nigeria LNG sign 10 year LNG deal
Nigeria LNG and Total have signed a 10 year, 1.5 million tpy LNG agreement.
Annova LNG and Enbridge sign pipeline agreement
Annova LNG has announced that it has signed a precedent agreement with Valley Crossing Pipeline, LLC, providing transportation for Annova LNG’s total natural gas requirements at its 6.5 million tpy LNG facility in Brownsville, Texas.
Asian LNG spot prices fall to new multi-year low
Asian LNG spot prices have fallen to a new multi-year low, with at least one cargo selling for less than US$4 per million Btu.
Osaka Gas to look to Europe to offload spare LNG cargoes
Asian LNG sellers, such as Osaka Gas, are seeking alternative markets as the global LNG market hits multi-year lows.
Sinopec to review LNG deal terms with Cheniere
Sinopec is set to review the terms of a potential US$16 billion LNG supply deal with Cheniere Energy.
Bontang LNG offers cargoes
The Bontang LNG plant, in Indonesia, is offering three LNG cargoes for loading between February and April.
Chinese demand surge for US LNG unlikely under tariffs
According Reuters, there is unlikely to be a surge in Chinese demand for US LNG while tariffs remain in place, despite the signing of a new energy purchasing agreement.
Freeport LNG celebrates Train 2 startup
Freeport LNG second liquefaction train has commenced commercial operations.
Asian LNG spot prices drop to four-month low
Asian LNG spot prices have dropped below US$5 per million Btu to a four-month low as buyers hold off ahead of the Lunar New Year holidays.