LNG import news

Pavilion Energy is requesting that LNG suppliers contribute towards the development of an industry standard to measure LNG’s total GHG emissions.

Polskie Górnictwo Naftowe i Gazownictwo (PGNIG) has officially become the sole user of the small scale LNG reloading station in Klaipeda, Lithuania.

During 1Q20, a record 72 ships were processed at the Zeebrugge terminal, including 55 ships involved in an LNG transshipment operation.

LNG suppliers have been flooding the LNG spot market with excess cargoes as global demand continues to dwindle due to coronavirus.

An LNG tanker is en route to China from the US to make the first delivery of this kind since March 2019.

According to Reuters, India’s Gujarat State Petroleum Corp. has cancelled a tender to import 11 LNG cargoes for deliveries across May 2020 to March 2021.

According to Reuters, Poland’s PGNiG has said that it is not planning to start negotiations aimed at modifying its gas import contracts just yet, as it is too early to gauge the full impact of the coronavirus pandemic on domestic gas demand.

According to Reuters, Petronet LNG – India’s top gas importer – has issued force majeure notice to Qatargas, as it seeks to delay the loading of LNG cargoes under long-term deals.

Asian spot LNG cargo prices have risen for a third straight week, as Chinese demand continues to recover.

All LNG deliveries in North West Europe are to be continued by Titan LNG and its partners with precautions against COVID-19 in effect.