Philippines LNG news
Asian LNG spot prices drop to four-month low
Asian LNG spot prices have dropped below US$5 per million Btu to a four-month low as buyers hold off ahead of the Lunar New Year holidays.
Increase reported for Asian spot LNG prices
Asian LNG spot prices have seen an increase for February deliveries.
Asian LNG spot prices remain steady
Asian LNG spot prices have seen little change this week, due to a quiet market and low liquidity.
Asian LNG spot prices hold steady
Indian spot demand has mitigated the recent declines recorded in Asian LNG spot prices.
LNG project in the Philippines put on hold
According to Reuters, plans to construct a US$2 billion LNG project in the Philippines have been put on hold by backers CNOOC Gas and Power and Phoenix Petroleum Philippines Inc.
LNG spot prices fall in response to mild winter forecast
Asian LNG spot prices have fallen for a third consecutive week, in response to forecasts of a mild winter.
Asian LNG spot prices reach three-week high
Asian LNG spot prices have risen to a three-week high, ahead of winter demand.
Asia to lead the LNG regasification industry in capacity growth
Asia will reportedly lead the global LNG regasification industry in capacity growth from newbuild projects by 2023, says GlobalData.
Weak LNG spot prices have little impact on Asia, while boosting Europe
According to Reuters, low LNG spot prices are having little impact in Asian markets, while the European import market has seen a significant boost.
Increased market activity prompts Asian LNG spot price rise
Asian LNG spot prices have recently experienced a small rise, due to increased market activity.