An LNG bunkering station in Chongqing. Players in the sector are scaling back their ambitions. (China Gas Holdings) LNG

Major players pull back from China LNG bunkering

Early entrants to China’s LNG bunkering market are retreating from the sector, stung by a lack of appetite for LNG as a marine fuel.

By Li Xin 26 April 2017
An LNG bunkering station in Chongqing, China. (China Gas Holdings) LNG

Low prices make LNG attractive for bunkering

Incoming low-sulphur regulations will come at a favourable time for the LNG industry, which needs to boost demand as prices are low.

12 April 2017
LNG

Borealis Infrastructure signs up for GNL Quintero stake

Borealis Infrastructure has signed an agreement to purchase a 34.6% stake in Chilean LNG terminal operator GNL Quintero.

12 April 2017
LNG

Phinma Energy studying prospects for Philippine LNG terminal

Philippines-based Trans-Asia Petroleum, a subsidiary of Phinma Energy, is interested in developing an LNG terminal in the Philippine province of Pangasinan.

12 April 2017
LNG

Fluxys and Klaipedos Nafta to develop small-scale LNG projects

The Belgian TSO has signed a memorandum of understanding with Lithuania’s Klaipedos Nafta.

12 April 2017
LNG

Chinese LNG plants cut prices on slow demand

Some of China’s LNG plants discounted their prices last week to reduce their inventories amid sluggish downstream demand before the Qingming Festival public holiday.

12 April 2017
LNG

Pakistani cabinet committee OKs LNG infrastructure links

Pakistan’s cabinet energy committee has approved connections to LNG infrastructure for domestic, industrial and commercial consumers.

11 April 2017
Argentina’s Bahía Blanca LNG terminal. LNG imports are more expensive than Bolivian piped gas. (YPF) LNG

Latin America no longer an LNG sinkhole – OIES

Brazil’s heavily reduced gas consumption will affect Argentina’s LNG imports because of the Southern Cone’s triangular trade.

11 April 2017
LNG

North Asian spot LNG prices keep on falling

Spot LNG prices among the major importers in northern Asia continued to decline last week, falling by 3.01% compared with the previous week.

11 April 2017
The Sabine Pass LNG plant in the United States. Just 9% of US LNG cargoes were shipped to Europe in 2016. LNG

Little US LNG landing in Europe

US LNG is proving far more popular outside Europe, which favoured oil-indexed cargoes and Russian pipeline supplies in 2016.

10 April 2017
An LNG carrier docked in Qatar. Cargoes from the country pass Fujairah on the way to Japan. (PA) LNG

Fujairah sets its sights on LNG bunkering

Fujairah may be perfectly placed to take advantage of the burgeoning LNG bunkering market.

10 April 2017
LNG

Argentina plays it safe on winter LNG

Buenos Aires has lined up 50 LNG cargoes for delivery over the colder months to ensure Argentines will stay warm during the winter.

10 April 2017
LNG

Japan’s LNG imports up 10% in February

Japanese LNG import volumes increased by 10% year on year in February, while South Korea saw 2% growth.

10 April 2017
LNG

Canadian regulator approves export licence for Woodfibre LNG

Canadian energy regulator the National Energy Board has approved a 40-year export licence for the British Columbia-based Woodfibre LNG facility.

7 April 2017
LNG

Exxon markets 1.3 mtpa of mid-term LNG from PNG facility

ExxonMobil is marketing 1.3 mtpa of mid-term LNG from its Papua New Guinea facility as a result of overproduction and an increase in the size of its gas reserves.

7 April 2017
LNG

Dubai Supply Authority and Jera to work together on LNG

Dubai Supply Authority and Japan’s Jera will cooperate on LNG procurement, shipping and storage opportunities.

7 April 2017
LNG

Germany still considering two LNG terminals – Pfeiffer

Germany is still considering building the Wilhelmshaven and Brunsbüttel LNG terminals, although investors are lacking for both projects.

7 April 2017
Gorgon LNG. Australia is expected to be the world’s leading LNG exporter between 2018 and 2023. (Chevron) LNG

Australia set to dominate global LNG – for now

Australia is set to overtake Qatar as the world’s biggest LNG exporter in the next few years, but its time at the top spot could be short, analysts say.

7 April 2017
South Korea’s Incheon LNG terminal. Demand for the fuel will remain high in Southeast Asia, experts say. (Kogas) LNG

Portfolio players to underpin new LNG projects

Portfolio players will need to take the plunge and commit to buying LNG to underpin new projects even if they do not have a market for it.

6 April 2017
LNG

Cove Point LNG plant is 85% complete – Dominion

The $3.8 billion Cove Point LNG export plant in Maryland is nearly 85% complete, according to project developer Dominion Resources.

6 April 2017
LNG

Engie planning to buy Yamal LNG cargoes in 2018

France’s Engie plans to buy LNG from Russia’s Yamal project in 2018, Engie Global LNG Chief Executive Phillip Olivier has said.

6 April 2017

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