LNG import news

EWC has announced that the Secretary of Energy, on behalf of the DOE Philippines, has issued a permit for Energy World Gas Operations Philippines Inc. to construct, own and operate an LNG hub.

Polskie LNG has published the contract notice that officially commences the tender procedure, with the aim of selecting the contractor for the LNG terminal expansion project in Swinoujscie, Poland.

Nick Prowse and Penny Cygan-Jones, Norton Rose Fulbright LLP, UK, consider the global outlook for the LNG industry, with a focus on recent developments in the US, Asia, Australia, South Africa and Africa.

Evangelos Dimopoulos, Senior LNG Analyst, Braemar ACM Shipbroking, provides comments on the LNG industry 2018/19.

LNG buyers’ willingness to commit to new long-term contracts has increased significantly during 2018 amid expectations of a tighter LNG market.

Höegh LNG Holdings Ltd has entered into a time charter party with AGL Shipping Pty Ltd for the provision of a floating storage and regasification unit to facilitate its proposed gas import jetty project.

Woodside has signed an agreement with RWE for the mid-term supply of LNG from 4Q20 until December 2022.

Polskie LNG has announced that it will issue a tender to select a contractor for three key projects within the President Lech Kaczynski LNG terminal expansion program.

South Korea’s imports of LNG are on course to reach 42 million t in 2018; a record high for the country.

According to Reuters, Klaipedos Nafta has received permission from Lithuania to buy an LNG storage vessel by 2024.