CNOOC’s Tianjin LNG terminal received 1.04 mt in 2016, with spot volumes making up 13%. (CNOOC Tianjin LNG) LNG

Bargain-price spot LNG proves popular in China

China's LNG buyers more than doubled their imports of spot LNG last year as prices dropped, with some even choosing to incur penalties by forgoing term volumes.

By Tang Tian 27 March 2017
LNG

First Nation group votes in favour of Steelhead LNG

Eastern Canada’s Huuayaht First Nation has voted 70% in favour of moving forward with the C$30 billion Steelhead LNG project on Vancouver Island.

27 March 2017
LNG

Eastern Australia gas crisis a ‘shadow’ over industry – Coleman

Eastern Australia’s gas crisis will get worse before it gets better, according to the chief executive of Perth-based Woodside Petroleum, Peter Coleman.

27 March 2017
LNG

Gas surpasses coal in UK power market

Gas overtook coal as the UK’s main source of electricity generation in 2016.

27 March 2017
LNG

Belgium to receive LNG tanker on 31 March – port authority

Belgium is set to receive the Al Deebel LNG tanker on 31 March, according to the Zeebrugge port authority website.

24 March 2017
Santos’s Gladstone LNG is one of the facilities under pressure from the Aussie government to cut exports. (Santos) LNG

Queensland LNG under pressure to cut exports

Australia's federal government is putting pressure on Queensland’s LNG producers to cut back on exports to ensure there is enough gas for domestic needs.

24 March 2017
LNG

Russia plans to boost LNG output

If realised, Russia’s plans for new liquefaction projects could see the country become the world’s fourth-largest LNG producer in 10 years’ time.

23 March 2017
LNG

ICE to launch US LNG futures contract on 4 May

The Intercontinental Exchange will launch its first United States LNG futures contract on 4 May, which will enable buyers and sellers of the fuel to hedge as US LNG exports increase.

23 March 2017
LNG

Kogas, Jera and CNOOC to cooperate on buying LNG

Kogas has signed a memorandum of understanding with Japan’s Jera and China National Offshore Oil Corp to exchange information and "cooperate in the joint procurement of LNG".

23 March 2017
LNG

Mexico’s CFE extends LNG cargo tender

Mexican state power utility CFE has extended a tender to buy two LNG cargoes in April.

22 March 2017
LNG

Resources Energy abandons plans for Port MacKenzie LNG

Japan-based Resources Energy Inc. will withdraw plans by the end of March for construction of the estimated $1 billion Port MacKenzie LNG project in Alaska.

22 March 2017
LNG

India’s Gail looking to buy LNG cargo

Gail India has launched a tender for an LNG cargo for delivery in the first half of April.

22 March 2017
LNG

Kuwait launches LNG cargo tender

Kuwait Petroleum Corp. (KPC) has launched a tender for an LNG cargo for May.

22 March 2017
LNG

Chinese LNG prices creep up as demand slows

Chinese LNG demand slowed last week after northern cities switched off gas-fired district heating boilers for the end of the winter heating season.

22 March 2017
LNG

Rosneft to deliver LNG cargoes to Egypt

Rosneft has signed a contract to deliver 10 shipments of LNG to Egyptian Natural Gas Holding Co. in 2017.

21 March 2017
LNG

Cheniere seeks FERC approval for Sabine Pass LNG third train

Cheniere Energy has requested approval from the Federal Energy Regulatory Commission to start operations at the third train of the Sabine Pass LNG project.

21 March 2017
The Adriatic LNG terminal. Italy’s other two regasification facilities were largely idle last year. (Adriatic LNG) LNG

New Italian LNG terminal in the offing

Italy is refining its new energy strategy and is expected to call for an expansion of the country’s regasification capacity.

21 March 2017
LNG

Asian spot LNG prices hit four-month low

Asian spot LNG prices had fallen to $6.51/MMBtu by the end of last week, down by 4.27% from the previous week and their lowest level since early November.

21 March 2017
LNG

Transport Canada completes review of Bear Head LNG

Transport Canada’s Termpol Review Committee has completed its technical review of Bear Head LNG’s marine terminal system.

20 March 2017
LNG

Latin demand for US LNG dries up

Mexico was the only Latin American customer for US LNG in January, with summertime demand vanishing in Brazil, Argentina and Chile.

20 March 2017
The Balhaf LNG export plant has been largely untouched by the war, but pipelines have been targeted. (Yemen LNG) LNG

Yemen LNG unlikely to restart anytime soon

Yemen's Saudi-backed government claims it has entered into fruitful discussions with IOCs, but the Balhaf LNG plant is not likely to be back online imminently.

20 March 2017

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