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LNG

CNOOC takes top three spots for Chinese trucked LNG sales in August

The company’s Tianjin, Zhuhai and Ningbo terminals sold a combined average of 843 tanker trucks of LNG per day last month

5 September 2019 Asia Pacific
Australia's Darwin LNG plant

Investors see rising climate risks in Aussie LNG

As global emissions continue to increase, climate risk is rising up the agenda of Australia’s financial community, which is worrying that investment in fossil fuels could be jeopardised.

5 September 2019 Asia Pacific
Skyscrapers in Beirut, Lebanon

Beirut eyes FSRU as power plans advance

Lebanon is planning to kickstart an ambitious gas-fired power expansion, but it must first answer questions over how it will integrate LNG supplies with the new plants.

5 September 2019 Middle East & Africa
Höegh Grace in Cartagena

Colombia’s second LNG terminal makes progress

A second LNG terminal in Colombia would boost security of supply, but concerns over financing remain one of several obstacles for the project.

5 September 2019 Americas

LNG prices fall in China as plants cut inventories

The average price was down by 3.5% as 46 Chinese LNG plants reduced their prices.

4 September 2019 Asia Pacific

India’s LNG imports rise in Q2

Lower prices helped boost India’s intake of LNG by 20% over the second quarter of the year, to just under 6 mt.

4 September 2019 Asia Pacific

Supply glut holds down Asian spot LNG prices in August

Prices for spot cargoes averaged $4.4/MMBtu across China, Japan, South Korea and Taiwan last month, much less than the average price a year ago

3 September 2019 Asia Pacific
The Gorgon LNG project.

Japanese LNG importers feel the squeeze at home and abroad

Rising competition in Japan’s gas market is making it harder for LNG buyers to pass on the high cost of contracted volumes to end-users.

30 August 2019 Asia Pacific

South Korea’s LNG imports rise in July

Imports rose in July after strong declines in H1.

29 August 2019 Asia Pacific

Trucked LNG sales fall at CNOOC’s Tianjin LNG

Sales from CNOOC’s Tianjin terminal fell on a weekly basis last week, but the facility still outsold China’s other terminals.

29 August 2019 Asia Pacific
A Qatari gas plant

Qatar to expand LNG output as market tightens

Qatar Petroleum is planning to expand domestic production in tandem with a growing list of overseas assets in anticipation of a tighter LNG market post 2020.

29 August 2019 Middle East & Africa
Australia's Wheatstone LNG plant

Softer emissions regime aids WA LNG sector

Western Australia’s LNG industry has been given until 2050 to implement emission mitigation measures for new projects, giving a major boost to Woodside’s NWS backfill plans.

29 August 2019 Asia Pacific
Yanchang Gas's Yanchuan LNG plant

Domestic supply bolsters China’s LNG output

An increase in the domestic supply of feedstock gas helped unleash production at China’s LNG plants in H1 2019, but the increased supply has weighed on the industry’s profitability.

29 August 2019 Asia Pacific

Price of Chinese domestic LNG falls by nearly 3%

Fifty-six of China’s LNG plants cut their asking prices last week, pushing the average price of domestically produced volumes down to $8.65/MMBtu

28 August 2019 Asia Pacific
A nuclear power station in Japan

High temperatures boost LNG demand in Japan

Above-average temperatures are supporting Japanese LNG imports.

27 August 2019 Asia Pacific

Asian spot LNG prices up for second week running

Prices closed at an average of $4.53/MMBtu on Friday and were up by nearly 7% over the week as a whole.

27 August 2019 Asia Pacific

China’s LNG production set to rise this week

Completion of maintenance at facilities in Hebei, Heilongjiang, Hubei and Yunnan will see output rise to around 37,500 tons per day.

22 August 2019 Asia Pacific
A Wheatstone LNG cargo heading to Japan

Port Kembla JV scales up LNG import plans

To head off possible gas supply shortages, the NSW government has endorsed the two LNG import concepts planned north and south of Sydney.

22 August 2019 Asia Pacific
A Wartsila liquid fuel power plant in Kenya

Cambodia pivots towards LNG-to-power

Drought caused outages in Cambodia's power system earlier this year, leading the country to step up its LNG-to-power plans.

22 August 2019 Asia Pacific

Chinese LNG plants cut prices on soft demand

Thirty-five liquefaction plants across China cut their prices by an average of 3.84% last week as demand for LNG fell.

21 August 2019 Asia Pacific

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