LNG import news
JERA and EVN conclude MOU on cooperation in the LNG value chain business
JERA Co. has entered into a memorandum of understanding with Vietnam Electricity concerning cooperation in the LNG value chain business.
Teekay Corp. and Teekay LNG announce resolution to China LNG JV issues
Teekay Corp. and Teekay LNG have announced that COSCO Shipping has completed an ownership restructuring which has resulted in China LNG Shipping no longer being classified as a ‘Blocked Person’.
JERAGM seeks LNG for delivery in 1Q20
According to Reuters, JERA Global Markets is looking to purchase up to 0.5 million t of spot LNG for delivery in 1Q20.
Sovcomflot advances LNG shipping along the NSR
Two LNG-fuelled Sovcomflot tankers have successfully completed their respective voyages eastbound along the Northern Sea Route.
Elengy’s Fosmax opens LNG truck loading station at Fos Cavaou terminal
Elengy and its subsidiary Fosmax LNG now offer an LNG tanker truck loading service at the Fos Cavaou LNG terminal.
Asian LNG spot prices now at eight month high
LNG spot prices for Asia have risen to a new eight-month high, as demand for pre-winter cargoes emerges.
Yantai Port to launch LNG storage facilities by 2022
China’s Yantai Port Group is aiming to launch two LNG storage facilities by 2022, for which the group is expecting to receive government approval for the facilities this month.
Gail offers LNG cargo swap tender
India’s Gail is offering a swap tender of two LNG cargoes for loading in the US, in return for one LNG cargo to be delivered to India.
Pakistan LNG cancels 10-year LNG tender
According to Reuters, Pakistan LNG has cancelled a tender to purchase 240 LNG cargoes (140 000 m3 each) over a period of 10 years due to insufficient demand for the fuel.
Asian LNG spot prices reach three-week high
Asian LNG spot prices have risen to a three-week high, ahead of winter demand.