Singapore LNG news
Pavilion eyes Europe as LNG expansion opportunity
Singapore’s Pavilion Energy is looking to establish new markets in Europe and expand its business in Asia, in a bid to become a global LNG trader.
Vitol and ENH announce the launch of ENH Energy Trading
Vitol and ENH have announced the launch of ENH Energy Trading, a joint venture commodity trading company.
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.
ExxonMobil sign charter for LNG-fuelled bunker barge
ExxonMobil Asia Pacific has signed a charter agreement with Singapore’s Sinanju Tankers Holdings Pte Ltd. for a two-year lease of Singapore’s first LNG-fuelled bunker tanker.
Increased market activity prompts Asian LNG spot price rise
Asian LNG spot prices have recently experienced a small rise, due to increased market activity.
LNG spot prices in Asia hit new multi-year low
LNG cargoes are now trading in Asia at a three to four year low of less than US$4 per million Btu.
Singapore LNG price hub hopes dwindle
Singapore Exchange will soon be ceasing production and publication of its Sling spot price indices for LNG.
Further headwinds ahead for LNG prices in Asia
Fitch Solutions Macro Research has published its outlook for Asia LNG prices.
Former Gazprom trader moves to Enel
Shailendra Srivastava, a former LNG trader for Gazprom, has joined the Singapore office of Enel.