China Gas and Vitol enter into a long-term swap arrangement
As part of a long-term swap arrangement, Vitol will purchase 500 000 t LNG from China Gas’ contracted US volume on FOB basis and sell 500 000 t of LNG to China Gas on DES basis from 2029.
Jess joined Palladian Publications in January 2020 after graduating from the University of Southampton with a degree in English Literature. She is currently working as an Editor for LNG Industry & Energy Global.
In her spare time, Jess enjoys reading, watching football, and catching up on sleep!
As part of a long-term swap arrangement, Vitol will purchase 500 000 t LNG from China Gas’ contracted US volume on FOB basis and sell 500 000 t of LNG to China Gas on DES basis from 2029.
Eesti Gaas has stored gas for the upcoming heating season not only in the underground gas storage facility in Latvia but, for the first time, also in Poland and Germany.
Gasum has opened a biogas filling station west of Oslo, significantly expanding its biogas infrastructure in Norway.
Repsol has started supplying bio-LNG to Brittany Ferries’ LNG-fuelled vessels Salamanca and Santoña at the LNG-bunkering terminal in Santander, Spain.
Norton Rose Fulbright has advised ABN AMRO and National Australia Bank on their arrangement of acquisition financing for Celsius Shipping and Basalt Infrastructure Partners to acquire two LNG carriers.