LNG import news
Total sells equity in Hazira terminal and signs LNG sales agreement with Shell
Total has announced that it has signed a binding letter of intent with Shell for the sale of its 26% minority equity stake in the Hazira LNG regasification terminal in India.
Asian LNG prices hit two month high
Asian spot LNG prices have risen for the second straight week and reached their highest point in over two months.
Polskie LNG and University of Western Australia sign MoU
Polskie LNG has announced that it has signed a memorandum of understanding with the University of Western Australia on the exchange of LNG know-how and technology.
Excelerate commissions Bangladesh's first LNG import terminal
Excelerate Energy Bangladesh Ltd has announced that it has completed the commissioning of its Moheshkhali Floating LNG terminal.
New LNG receiving terminal to be built in China
According to Reuters, Sinopec Corp. and Zhejiang Energy Group Co. Ltd are jointly working to develop a 3 million tpy LNG receiving terminal in eastern China.
EGAT planning to import LNG
According to Reuters, the Electricity Generating Authority of Thailand is looking to import LNG directly for the first time.
FSRU secured for Port Kembla Gas Terminal
Australian Industrial Energy has entered into an agreement with Höegh LNG to supply the FSRU for the proposed Port Kembla Gas Terminal.
AES inaugurates new combined cycle power plant and LNG terminal
AES Corp. has released a statement inaugurating AES Colón, a 381 MW combined cycle power plant and the first LNG terminal in Central America.
Mitsubishi acquires 25% stake in Bangladesh LNG terminal
According to Reuters, Mitsubishi Corp. has reached an agreement to acquire a 25% stake in the Summit LNG terminal in Bangladesh, and is planning to help in the development of an offshore receiving facility in the country.
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.