Grain LNG terminal. The UK’s carbon floor price has helped gas gain market share from coal. (Flickr/National Grid) LNG

ETS price too low for LNG to crowd out coal in power

LNG import prices in Europe have dropped sharply but will still rely on a boost in carbon prices to compete with coal in power generation.

By Andreas Walstad 22 June 2017
LNG

Italian ferry line investing €200 mln in LNG-fuelled ships

Italian shipowner Caronte & Tourist will invest €200 million over the next 10 years to procure 10 LNG-powered ferries.

16 June 2017
LNG

YPF and Enarsa could boost Escobar LNG regas capacity

State-owned YPF and Enarsa may boost regasification capacity at Argentina’s Escobar LNG terminal to 25 MMcm/d.

16 June 2017
Höegh secured an innovative funding model for a recent FSRU that could be applied to the carrier market. (Höegh) LNG

LNG carriers will need new finance model

Shipowners could struggle to finance new vessels as charter lengths shrink and spot trades grow in importance.

15 June 2017
LNG

India’s plans for developing east coast LNG

India has plans for six LNG terminals along the country's east coast, with around 18 mtpa of regasification capacity in the planning stage.

15 June 2017
LNG

Tianjin LNG sales up on regional power demand

China’s Tianjin LNG terminal increased its daily sales last week to 150 trucks in response to growing gas-to-power demand.

15 June 2017
LNG

Atlantic LNG to cut 7% of workforce

Atlantic LNG, the company that oversees Trinidad & Tobago’s liquefaction plant, is planning to cut its staff by 7%.

14 June 2017
LNG

Iran and South Korea to work on mini LNG containers

Iran and South Korea have agreed to cooperate on developing mini LNG ISO containers over the next four years.

14 June 2017
LNG

H-Energy signs deal with Engie to charter Cape Ann FSRU

India-based H-Energy signed an agreement this week with Engie to charter the French company’s Cape Ann FSRU.

14 June 2017
LNG

Bangladesh agrees to buy 3.75 mtpa of LNG from RasGas

Bangladesh has agreed to buy 3.75 mtpa of LNG from Qatari state-owned RasGas, according to reports.

14 June 2017
LNG

Petrobangla selects AOT Energy to secure LNG for FSRU

Petrobangla has selected Switzerland-based AOT Energy to secure LNG supplies to fuel Bangladesh’s first floating LNG facility from mid-2018.

14 June 2017
LNG

Qatar Petroleum signs agreement with Shell on bunkering

Qatar Petroleum has signed a framework agreement with Shell to jointly develop LNG marine bunkering infrastructure around the world, QP said in a statement.

14 June 2017
The launch of Sinopec’s Beihai terminal has helped to increase the share of LNG in China’s import mix. (Sinopec) LNG

China’s import dependence to hit fresh high – SCI

China’s rising reliance on imported gas is set to breach 40% this year, but concerns over energy security have been played down.

14 June 2017
A Qatargas LNG plant. Qatar’s vessels have been banned from docking at some Middle Eastern ports. (Qatargas) LNG

Qatar rift has limited impact on LNG market so far

Shipping routes for Qatari LNG remain open despite the dispute, with Doha saying it is ‘business as usual’ for its seaborne gas exports.

14 June 2017
Pakistan will begin receiving LNG at its second terminal from September. (PA) LNG

Pakistan’s second LNG terminal to start up in September

The 21.2 MMcm/d facility will help to reduce the country’s chronic gas shortages.

14 June 2017
LNG

Chinese ex-works LNG prices cut by 2.76%

Prices were down last week as plants cut their asking prices to improve competitiveness against LNG terminals.

14 June 2017
LNG

Myanmar energy ministry drafting LNG import laws

Myanmar’s Ministry of Electricity and Energy will draft new laws to cover LNG imports in cooperation with the Myanmar Oil and Gas Services Society.

13 June 2017
LNG

Asian spot LNG prices holding steady

Asian spot LNG prices were largely steady last week, gaining 0.36% from the previous week.

13 June 2017
LNG

Qidong LNG terminal receives first shipment

Guanghui Energy’s Qidong LNG terminal in Jiangsu province received its first shipment on 4 June, marking the start of trial operations.

12 June 2017
LNG

Korea Midland Power looking to buy spot LNG cargo

South Korea’s Korea Midland Power Co. is seeking to buy an LNG cargo for delivery between 5-12 July.

12 June 2017
LNG

Philippines planning to build $2 bln LNG terminal by 2020

Philippine Energy Secretary Alfonso Cusi has said his country intends to build a $2 billion LNG terminal by 2020.

12 June 2017

About 5,099 article(s)

1 2 3 4 255