LNG import news
Asian LNG spot prices remain steady
Asian LNG spot prices have remained steady at a seven-week low.
ExxonMobil: LNG imports into Australia ‘highly realistic’
According to Reuters, ExxonMobil has stated that Australian LNG imports are now looking ‘highly realistic’ as the nation struggles to fill an imminent shortage of gas.
Summit and JERA Asia to develop energy infrastructure
Summit Corp. and JERA have signed a memorandum of understanding to develop a large energy infrastructure project in the Matarbari area in Cox’s Bazar, Bangladesh.
US and India lead newbuild capacity growth in global LNG liquefaction and regasification industries
The US and India are expected to lead capacity growth in the global LNG liquefaction and regasification industries from planned and announced (newbuild) projects, respectively during the outlook period 2019 – 2023, according to GlobalData.
First Gen and Tokyo Gas begin construction of JV LNG project
First Gen Corp. has held a ground-breaking ceremony and finished the pre-development work for its new LNG terminal.
ConocoPhillips confident LNG prices will rise soon
ConocoPhillips is confident that the recently weak global LNG prices are only a short-term issue.
AB Klaipedos nafta approves transfer of LNG terminal regulated activities
AB Klaipedos nafta has released a statement claiming that its board has reapproved the transfer of the regulated activities of the Klaipeda LNG terminal to the subsidiary UAB SGD terminalas.
Latin America and the Caribbean in focus
Myles Mantle, Andreas Silcher and Chrysa Kitsou, Haynes and Boone CDG, LLP, UK, provide a regional report on the LNG industry in Latin America and the Caribbean.
Bahrain LNG import terminal startup delayed
The startup of the Bahrain LNG import terminal has been delayed till 3Q19.
Bangladeshi FSRU set to receive first ship-to-ship LNG transfer
According to Reuters, Bangladesh’s second floating LNG terminal will soon receive its first ship-to-ship gas transfer from an Algerian cargo.