Latin America’s LNG demand poised for an uplift
A changing political landscape and the increasing popularity of small-scale technology will drive LNG demand growth in Latin America and the Caribbean over the coming years.
20 December 2019
CNOOC’s Tianjin FSRU still top seller for trucked LNG in China
The terminal dispatched an average of 355 truckloads of LNG per day last week, with Sinopec’s Tianjin and Qingdao facilities in second and third places respectively.
19 December 2019
McDermott crisis raises questions over Mozambique LNG
McDermott’s financial difficulties could mean Saipem is left to build the Mozambique LNG project on its own, for which it may not have the resources.
19 December 2019
Japanese LNG buyers look to joint purchasing
Spurred by rising competition in Japan’s deregulated gas and power retail market, companies are increasingly pooling resources to jointly purchase smaller volumes over shorter timeframes.
19 December 2019
Containers make inroads in China’s LNG market
Containerised LNG has the potential to extend its market share at a faster-than-expected rate in China as rising adoption looks set to coincide with tepid growth in the LNG road tanker fleet.
19 December 2019
Chinese gas exchanges see boost in activity
Volumes were up last week on the SHPGX and CQPGX as gas usually reserved for winter heating became available to be traded.
18 December 2019
Asian spot LNG prices see slight uptick
Prices in Japan, South Korea, China and Taiwan averaged $5.55/MMBtu last week, up marginally from the previous week.
17 December 2019
US-China trade truce offers little to LNG exporters for now
LNG does not appear to have been included upfront in the ‘phase one’ trade accord between the US and China, meaning there will be no immediate respite for American exporters and project developers.
16 December 2019
Middle East LNG exports in figures
Challenged by lower-cost Qatari cargoes, the likes of the UAE and Egypt may choose to recalibrate their ambitions to prioritise domestic demand over LNG exports.
16 December 2019
Spanish LNG imports suffer setback in October
A recovery in Spain’s imports of piped gas from Algeria prompted a decline in the country’s LNG imports in October and narrowed the gap between the sources of supply.
13 December 2019
US supplies boost South Korean LNG imports in November
Volumes entering Korea from the United States surpassed those from Qatar and Australia for the first time last month.
13 December 2019
CNOOC’s Tianjin FSRU dispatches 411 LNG truckloads per day
The terminal was China’s highest-selling facility for trucked LNG last week, with Sinopec’s Tianjin and Qingdao terminals coming in second and third.
12 December 2019
Qatar’s rivals face up to LNG expansion challenge
In the context of an oversupplied market, Qatar’s decision to ramp up production from the North Field represents a bold challenge to other LNG suppliers in the region.
12 December 2019
Total looks to alternative financing for Mozambique LNG
Mozambique LNG is moving towards financial close in Q2 2020, but there are fresh questions over how operator Total will fund its stake.
12 December 2019
Solar surge puts gas in the shade in Vietnam
LNG-to-power projects in Vietnam are facing tough competition from a subsidy-funded solar boom.
12 December 2019
CNOOC aims to turn around China's Hainan LNG terminal
State-owned CNOOC hopes its LNG terminal on the southern island province of Hainan will eke out a profit by the end of this year after enduring years of losses.
12 December 2019
SHPGX trades first LNG in three weeks
The Shanghai Petroleum & Gas Exchange saw 60,000 tons of LNG traded last week from CNOOC’s Zhuhai terminal.
11 December 2019
Asian spot LNG price down on weak demand
Average prices fell by 2.5% week on week last week and closed Friday at $5.47/MMBtu compared with $8.82/MMBtu at the same point in 2018.
10 December 2019
Potential for six new trains at Darwin LNG
With strong government backing, Australia is moving swiftly to maximise a narrow window to expand LNG exports ahead of a wave of low-priced LNG from the US and other regions.
5 December 2019
CNOOC’s Tianjin FSRU ups trucked LNG sales in November
The facility sold an average of 338 truckloads of LNG per day last month compared with 312 in October.
5 December 2019Viewing 1-20 of 8,018 articles