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LNG import news

Zhenhua Oil forms new business unit to invest in LNG

According to Reuters, Zhenhua Oil Corp. – a Chinese company and subsidiary of Chinese defence conglomerate Norinco – has established a new business unit, which will invest in LNG terminals.

 
 
 
 

PNG LNG offers September cargo

Exxon Mobil’s Papua New Guinea LNG export facility is currently offering a cargo for delivery in September.

 
 

Asian LNG prices climb again

Asian spot LNG prices have risen for the second week in a row as Japan continues to suffer the effects of the latest heatwave.

 
 
 

Europe to increase purchases of US LNG

Europe will reportedly soon be adding to its import terminal infrastructure in order to purchase greater quantities of US LNG.