LNG import news
Asian LNG prices fall to more than 10 year low
Asian LNG spot prices have dropped to their lowest level in more than 10 years, due to a mild winter impacting on demand.
Saudi Aramco sells LNG to South Korea
Saudi Aramco’s trading arm, Aramco Trading Co., has sold an LNG cargo to South Korea’s S-Oil Corp.
Beijing Gas granted approval for LNG terminal
Beijing Gas Group has been granted state approval to build its proposed Tianjin LNG receiving terminal.
Total and Nigeria LNG sign 10 year LNG deal
Nigeria LNG and Total have signed a 10 year, 1.5 million tpy LNG agreement.
Asian LNG spot prices fall to new multi-year low
Asian LNG spot prices have fallen to a new multi-year low, with at least one cargo selling for less than US$4 per million Btu.
Osaka Gas to look to Europe to offload spare LNG cargoes
Asian LNG sellers, such as Osaka Gas, are seeking alternative markets as the global LNG market hits multi-year lows.
Sinopec to review LNG deal terms with Cheniere
Sinopec is set to review the terms of a potential US$16 billion LNG supply deal with Cheniere Energy.
Elengy’s Fos Tonkin terminal to operate until 2028
Elengy has announced that its Fos Tonkin LNG terminal will continue operating until 2028, with its regasification capacity fully booked.
PETRONAS signs 12-year LNG supply agreement with Shenergy
PETRONAS, through its subsidiary, PETRONAS LNG Ltd, has signed a heads of agreement with Shenergy Group Co. Ltd to supply approximately 1.5 million tpy of LNG to its Wuhaogou receiving terminal in China.
Chinese demand surge for US LNG unlikely under tariffs
According Reuters, there is unlikely to be a surge in Chinese demand for US LNG while tariffs remain in place, despite the signing of a new energy purchasing agreement.