2020’s Gastech Virtual Summit has been credited with putting the spotlight on the importance of gas in the growing demand for energy globally and highlighted the resilience of the industry.
Gastech Virtual Summit has opened and will run from 7 to 11 September, delivering exclusive critical insights from Ministers, policy makers, business leaders, disrupters, and innovators.
Reuters is reporting that the latest market estimates have placed Asian LNG spot cargo prices at a more than six-month high.
Asian LNG spot prices have increased marginally from the recent record lows as Chinese buyers have begun re-entering the market.
Asian spot LNG cargo prices have risen for a third straight week, as Chinese demand continues to recover.
Asian LNG spot prices have risen as supply has constricted, primarily due to a lack of available cargoes and coronavirus.
Well-supplied global LNG market sees demand build for cleaner-burning energy, according to Shell’s latest annual LNG Outlook.
Excelerate Energy L.P. has signed a heads of agreement with Engro Elengy Terminal Ltd for the expansion of the EETL LNG import terminal located in Port Qasim, Pakistan.
Asian LNG spot prices have dropped to their lowest level in more than 10 years, due to a mild winter impacting on demand.
According to Reuters, Pakistan has banned the use of open-loop scrubbers by ships operating in its waters.