LNG import news
Petronet seeking long term US LNG deal
India’s Petronet LNG is seeking to sign a 1 million t US LNG purchase deal in a year’s time.
MOL to participate in construction, ownership and operation of FSRU
Mitsui O.S.K. Lines Ltd has announced that it has signed deals for the construction of a floating storage and regasification unit, FSRU services and financing for the Jawa 1 Gas-Fired Project.
Tellurian and Vitol sign MOU for 15 year LNG SPA
Tellurian Trading has entered into a MOU with Vitol to supply 1.5 million tpy of LNG from its LNG offtake capacity at the proposed Driftwood LNG export terminal.
Small scale LNG: powering European initiatives to build greener fuel economy
Energias Market Research has released a report on the European small scale LNG market.
Inflated LNG charter rates eased by increased ship availability
Inflated LNG spot charter prices are easing as an increasing number of tankers are becoming available for deliveries.
Tokyo Gas and First Gen sign preliminary agreement to build LNG import terminal
According to Reuters, First Gen Corp. – a Philippine power company – and Tokyo Gas Co. have signed a preliminary agreement to jointly develop an LNG import terminal in the Philippines.
EPIK signs agreement to develop ‘Newcastle LNG’
South Korea’s EPIK has signed an agreement with the Port of Newcastle to develop a FSRU import terminal.
Vitol and Petronas announce binding HoA for long-term LNG SPA
Petronas LNG and Vitol Asia have announced the signing of a binding HoA for a long-term LNG SPA.
Royal Vopak expands share in LNG infrastructure in Pakistan
Royal Vopak will acquire a total share of 44% of ETPL in separate transactions with IFC and Engro Corp.
Indian Oil Corp seeking January LNG cargoes
Indian Oil Corp is seeking two LNG cargoes to be delivered in January.