According to Reuters, India’s Essar Group is looking to purchase 12 LNG cargoes for delivery next year.
AB Klaipedos Nafta has signed an agreement to allocate a portion of its LNG terminal capacity to Eesti Energia AS.
According to Oil Search, the current low LNG spot prices will have no impact on a long-term contract arbitration being held between Osaka Gas and the PNG LNG project.
Norway’s Equinor and Russia’s Gazprom have lost market share as a result of the LNG import surge that has occurred over the past 10 months.
Asia will reportedly lead the global LNG regasification industry in capacity growth from newbuild projects by 2023, says GlobalData.
According to Reuters, low LNG spot prices are having little impact in Asian markets, while the European import market has seen a significant boost.
According to Reuters, Tohoku Electric Power – a Japanese electric utility – is seeking an LNG cargo for delivery in September.
The ‘LNG Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2025’ report has been added to ResearchAndMarkets.com’s offering.