LNG
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.
22 June 2017Italian 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 2017YPF 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
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 2017India’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 2017Tianjin 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 2017Atlantic 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 2017Iran 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 2017H-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 2017Bangladesh 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 2017Petrobangla 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 2017Qatar 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
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
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
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 2017Chinese 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 2017Myanmar 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 2017Asian spot LNG prices holding steady
Asian spot LNG prices were largely steady last week, gaining 0.36% from the previous week.
13 June 2017Qidong 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 2017Korea 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 2017Philippines 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 2017About 5,099 article(s)