LNG import news
Global LNG outlook for 2019
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.
The LNG industry in review: 2018/19
Evangelos Dimopoulos, Senior LNG Analyst, Braemar ACM Shipbroking, provides comments on the LNG industry 2018/19.
Tightening LNG market sets the scene for a major shortfall
LNG buyers’ willingness to commit to new long-term contracts has increased significantly during 2018 amid expectations of a tighter LNG market.
Höegh LNG to provide FSRU for AGL’s Crib Point LNG project
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 and RWE sign agreement for mid-term LNG supply
Woodside has signed an agreement with RWE for the mid-term supply of LNG from 4Q20 until December 2022.
Polskie LNG seeks contractor for LNG terminal expansion program
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 achieves record high for LNG imports in 2018
South Korea’s imports of LNG are on course to reach 42 million t in 2018; a record high for the country.
Klaipedos Nafta looks to buy FSRU by 2024
According to Reuters, Klaipedos Nafta has received permission from Lithuania to buy an LNG storage vessel by 2024.
Russia’s first FSRU to dock today
According to Reuters, it is expected that Russia’s first LNG floating storage and regasification unit will dock at the port of Kaliningrad today.
Qatar Petroleum investing in US expansion
Qatar Petroleum is reportedly looking to invest a minimum of US$20 billion in the US over the next few years.