LNG import news
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.
Asian LNG spot prices drop to four-month low
Asian LNG spot prices have dropped below US$5 per million Btu to a four-month low as buyers hold off ahead of the Lunar New Year holidays.
Qatargas delivers milestone LNG cargo to Bangladesh
Qatargas has delivered the first Q-Flex LNG cargo to the ‘Summit LNG’ FSRU in Bangladesh.
Swinoujscie terminal receives second LNG cargo of 2020
Polskie LNG has posted on social media, claiming that its Swinoujscie terminal in Poland has received its second LNG cargo of 2020.
Wood Mackenzie comments on US-China Phase 1 trade agreement
Following the phase 1 signing of the trade agreement between the US and China, Wood Mackenzie Asia Pacific Vice Chair, Gavin Thompson, has provided his thoughts on the matter.
Lithuania transports record volume of gas to the Baltic States
In 2019, Lithuania transported the highest ever recorded volume of gas to the Baltic States.