LNG import news
Faltering supply prompts short-covering price rally
Asian spot LNG prices gained ground this week with traders and portfolio players engaged in short-covering.
Qatargas delivers first Q-Max LNG cargo to Thailand’s PTT
Qatargas has announced that it has delivered the first Q-Max LNG cargo under a long-term sale and purchase agreement between Qatargas 3 and PTT Public Co. Ltd.
Wison granted AiP for new floating LNG storage and regasification terminal
Wison Offshore & Marine Ltd has announced that it has received approval in principal from Bureau Veritas for its new large scale floating LNG storage and regasification terminal.
AG&P to build and operate LNG receiving terminal in Indonesia
Atlantic, Gulf and Pacific Co. has announced that it will work with ENMP on an LNG receiving terminal in South Sulawesi, Indonesia.
King & Spalding advises Summit Corp. on LNG import terminal
King & Spalding has announced that it is acting for Summit Corp. on all aspects of the floating LNG import terminal in Bangladesh.
Global LNG prices firm on demand from South Korea and Taiwan
Asian spot LNG prices rose this week as South Korean importers and Taiwan showed appetite.
LNG buyers have not asked Inpex to revise destination clauses
Buyers of long-term LNG contracts have not asked Japan's Inpex Corporation to revise their destination clauses.
Tokyo Gas acquires equity interest in PVGas D
Tokyo Gas Asia Pte Ltd has announced that it has acquired a 24.9% equity interest in PetroVietnam Low Pressure Gas Distribution Joint Stock Co.
Black & Veatch awarded Indian FSRU contract
Black & Veatch has announced that it has won a contract to provide critical elements of India’s first floating storage and regasification unit based LNG import terminal.
Svitzer to provide marine support services for Excelerate FSRU
Svitzer has announced that it has been awarded a 15-year contract by Excelerate Energy Bangladesh Ltd to provide marine support services for the Excelerate Energy floating storage and regasification unit.