LNG import news
New success for Adriatic LNG’s Peak Shaving service procedure
The tender procedure to all operators in the LNG market for the Peak Shaving service, organised by Adriatic LNG for the Italian Ministry of Economic Development, was recently completed.
AIIB invests in Tianjin LNG project
The Asian Infrastructure Investment Bank (AIIB) has invested US$500 million in support of China’s energy transition.
Wood Mackenzie: Europe faces regasification capacity crunch
Wood Mackenzie has released a statement claiming Northwest Europe needs more regasification capacity – both to meet the region’s growing demand and to soak up surplus volumes of LNG.
Indian Oil seeks LNG for 1Q20
Indian Oil Corp. is looking to secure an LNG for delivery in January.
GAC opens office at Lake Charles
GAC North America has opened its 17th agency office to provide shipping services at Lake Charles.
Asian LNG spot prices rise
Asian LNG spot prices have risen for the first time since October.
BPCL seeks LNG cargo
India’s Bharat Petroleum Corp. Ltd. is currently seeking to purchase an LNG cargo for delivery in January.
Tokyo Gas to increase LNG and renewables expansion overseas
Tokyo Gas Co. Ltd. is set to step up its overseas expansion in LNG and renewables.
Vitol agrees to buy Nigerian LNG from 2021
Vitol has signed an LNG sale and purchase agreement with Nigeria LNG.
Chinese LNG buyers looking to resell LNG cargoes
Chinese LNG buyers are looking to resell LNG cargoes via the spot market, in response to its slow economy and weak seasonal demand.