LNG import news
LNG market needs US$200 billion investment to meet demand
More than US$200 billion of investment in LNG is needed to meet a boom in demand by 2030, according to Royal Dutch Shell.
Mitsui and Far East sign MOU
Mitsui O.S.K. Lines and Far East Investment and Export Agency sign Memorandum of Understanding regarding cooperation for the development of the Northern Sea Route and Russian Far East.
Gazprom hold productive meeting with Pakistani Foreign Minister
Alexey Miller and Pakistani Foreign Minister Khawaja Muhammad Asif have met to discuss potential LNG supplies to Pakistan.
Shell sees potential LNG supply shortage as global demand surges
Shell examines LNG trends from 2017 and projects a supply shortage in the mid-2020s unless new production project commitments are made soon.
US DOE releases LNG export data
The US Department of Energy (DOE) has released data on US LNG imports and exports for the period February 2016 through December 2017.
Energy World to start Philippines LNG terminal by end-2018
Energy World Corp expects to start up a gas-fired power plant in the Philippines by end-2018, fed by the country’s first LNG imports.
Engie to supply Egypt with three LNG cargoes
Eqypt's EGAS has ordered three LNG cargoes from France's ENGIE to be delivered in Q2 2018.
The three sticking points of long-term LNG contracts
Korea Gas Corp’s move to seek arbitration over the terms of a LNG contract comes as Asian buyers are putting pressure on producers to grant more flexible supply terms.
Panama Canal expects increased LNG traffic
Panama Canal Authority expects LNG tanker traffic to rise by 50%.
Next generation LNG terminals set to get smaller to offer greater flexibility
LNG terminals are shrinking in order to provide more flexible supply deals.