LNG import news
Tokyo Gas and First Gen sign preliminary agreement to build LNG import terminal
According to Reuters, First Gen Corp. – a Philippine power company – and Tokyo Gas Co. have signed a preliminary agreement to jointly develop an LNG import terminal in the Philippines.
EPIK signs agreement to develop ‘Newcastle LNG’
South Korea’s EPIK has signed an agreement with the Port of Newcastle to develop a FSRU import terminal.
Vitol and Petronas announce binding HoA for long-term LNG SPA
Petronas LNG and Vitol Asia have announced the signing of a binding HoA for a long-term LNG SPA.
Royal Vopak expands share in LNG infrastructure in Pakistan
Royal Vopak will acquire a total share of 44% of ETPL in separate transactions with IFC and Engro Corp.
Indian Oil Corp seeking January LNG cargoes
Indian Oil Corp is seeking two LNG cargoes to be delivered in January.
UK gas prices fall as LNG imports create oversupply
British gas prices have fallen as regular supplies via pipeline and LNG imports have led to oversupply.
Taiwan imports Ichthys LNG cargo
Taiwan has imported its first LNG cargo from the Australian Ichthys LNG project.
Decisions on AB Klaipedos nafta LNG regasification service prices for 2019
Lithuania’s AB Klaipedos nafta has announced that the National Commission for Energy Control and Prices has adopted decisions on fixed and variable components of LNG regasification service prices.
Greece expands LNG capacity at Revithoussa terminal
A new LNG tank has been inaugurated at the Revithoussa terminal in the Greek region of Attica.
Asian LNG spot prices brought down by lower oil prices
Asian LNG spot prices have experienced a 10% slide this week to a more than three month low due to declining oil prices.