LNG import news
An LNG consuming giant
Peter Kiernan, Economist Intelligence Unit, Singapore, reviews China’s status, growth and current activities in the LNG industry.
Wood Mackenzie comments on Ennore LNG
Wood Mackenzie senior analyst Kaushik Chatterjee has shared his thoughts on the significance of the Ennore LNG project, and how it is the beginning of India doubling its regasification capacity to 56.5 million tpy by 2025.
Port Kembla LNG terminal project prepares for execution phase
Since its launch in March 2018 the Port Kembla Gas project has made significant progress and is in the last stage of preparation for its FID.
Sinopec and Cheniere to sign 20 year LNG deal
China Petroleum and Chemical Corp. (Sinopec) has plans in place to sign a 20 year LNG agreement with Cheniere Energy.
Lithuania to ask Belarus to convert nuclear power plant to gas
According to Reuters, Saulius Skvernelis, the Lithuanian Prime Minister, is set to ask Belarus to convert its nuclear power plant to gas, which would be provided by Lithuania’s LNG terminal and a planned link between Lithuania and Poland.
Sinopec preparing to resume purchases of US LNG
Sinopec Corp. will resume purchasing US LNG cargoes as soon as it receives orders to from the Chinese government.
Indian utility seeks LNG cargo for delivery this month
According to Reuters, two industry sources have revealed that India’s Torrent Power is seeking an LNG cargo for delivery this month.
PNOC joins Phoenix and CNOOC on LNG hub project
Phoenix Petroleum and CNOOC have signed a deal with PNOC regarding the planned Tanglawan LNG hub project.
Russia becomes largest LNG supplier to Europe for first time this February
According to Reuters, in February this year, Russia delivered a record amount of LNG to Europe: 1.41 million t, to be precise.
Asian LNG spot prices now at 19 month low
Asian LNG spot prices have continued to fall and have now reached a 19 month low.