LNG import news

Golar Power has signed a ‘protocol of intentions’ with the State Government of Pernambuco to develop an LNG import terminal in the Port of Suape, Brazil.

National Grid has welcomed its 500th ship at its LNG import terminal on the Isle of Grain.

PGNiG Group has reported revenue of more than PLN 42 billion and PLN 1.37 billion in profit for 2019.

Prices for LNG spot cargoes delivered to Japan in February reached record lows due to the impact of coronavirus, oversupply and mild weather on demand.

Asian LNG spot prices have risen as supply has constricted, primarily due to a lack of available cargoes and coronavirus.

AB Klaipedos Nafta has reported its preliminary revenue for February 2020.

PetroChina has suspended some of its natural gas contracts, including both LNG and pipeline imports due to the compounded impact of declining demand and coronavirus.

KATE Energy has entered into a long-term master services agreement with Ferus NGF to secure LNG from the Dawson Creek LNG facility.

Ferus Natural Gas Fuels Inc. has secured a long-term LNG supply contract with Yukon Energy Corp.

Rob Patterson and Myles Mantle, UK, and Liza Mark, China, Haynes and Boone, take an in-depth look at the Chinese LNG market.