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LNG

No trades on SHPGX as northern China prepares for winter

The winter heating season officially begins on 15 November, meaning suppliers held their gas back from the exchange last week in preparation.

9 hours ago Asia Pacific

Asian spot LNG prices fall for second week in a row

Prices in Japan, South Korea, China and Taiwan were down by 4.74% last week, extending losses seen in the previous week.

Yesterday Asia Pacific
CBM assets in Australia

Australia tipped to boost shale and CBM exploration

The latest acreage releases in Queensland and seismic surveys in the Northern Territory are designed to spur shale and CBM extraction to meet local and LNG export needs.

5 days ago Asia Pacific
The Gate LNG terminal in the Netherlands.

Germany’s LNG projects on track amid push for diversification

Two LNG projects may add 18 bcm/y of import capacity in Germany from 2023, with Berlin feeling the pressure to diversify its sources of gas away from Russia as Nord Stream 2 approaches startup.

5 days ago Europe & Russia

Suppliers fret over Asia’s falling LNG demand

Declining LNG consumption in some of Asia’s key markets poses a considerable challenge to suppliers intending to boost the fuel’s popularity

5 days ago Asia Pacific
CNOOC's Tianjin LNG terminal.

Foreign interest in Chinese terminals picks up with GTT MOU

An agreement between the LNG storage engineering subsidiary of France’s Engie and Beijing Gas could sow the seeds of a deeper commercial partnership in the future.

6 days ago Asia Pacific

CNOOC Tianjin FSRU loads 312 LNG trucks a day in October

Send-out from the Tianjin facility dipped last month, but it was still the biggest seller among Chinese terminals.

6 days ago Asia Pacific
An anti-gas protest in Ireland in 2012

Irish LNG terminal set to tackle supply concerns

Ireland could import US LNG starting from 2022 and boost security of supply post-Brexit, but only if it can overcome fierce domestic opposition to the Shannon regas project.

6 days ago Europe & Russia
A gas platform offshore Saudi Arabia

Gas expansion key to Saudi Aramco’s IPO

The Saudi NOC has spent recent months flagging up its gas expansion plans in a move to attract investors for its planned stock market listing.

6 days ago Middle East & Africa
Iron ore carrier offshore Western Australia

Woodside and Australian miners gear up for IMO 2020

Global emissions limits for shipping under IMO 2020 rules are a growth opportunity for the Aussie LNG market and a rising imperative for the country’s iron ore and coking coal exporters.

6 days ago Asia Pacific

Price of China’s domestic LNG shoots up by 43%

LNG produced in China hit an average price of $12.23/MMBtu in October as 80 plants increased their asking prices.

6 November 2019 Asia Pacific

Japan’s LNG imports up 2.6% year on year in September

The country’s imports of the fuel rose slightly in September but were down over the first nine months of the year.

5 November 2019 Asia Pacific

Asian spot LNG price shoots up by 50% in October

Strong oil prices, coupled with a pick-up in demand and the effect of US sanctions, saw Asia’s average spot LNG price rise sharply last month.

5 November 2019 Asia Pacific
The Barcelona LNG terminal.

Spain plans to create virtual LNG hub from 2020

The country will launch the new hub in in January in a move to tackle congestion at some LNG terminals and under-utilisation at others.

4 November 2019 Europe & Russia

North African piped gas flows see boost in October

Piped exports from North Africa to Europe were up last month as a result of greater Spanish demand, but flows are falling on an annual basis.

4 November 2019 Europe & Russia
Japanese businessman Masayoshi Son

South Korea eyes Asian super-grid to support energy transition

The country is backing the concept of a giant super-grid through which it would import renewable power from China underpinned by Russian LNG.

1 November 2019 Asia Pacific

UK LNG imports fall to record lows in August

The UK’s imports of the fuel hit their lowest since 2008 this August, with Algeria being the only supplier over the month, fresh data from the UK government shows.

1 November 2019 Europe & Russia

SHPGX LNG import price index down 1.5% week on week

The Shanghai Petroleum & Gas Exchange’s new index stood at RMB 3,445 per ton for the most recent week for which data is available.

1 November 2019 Asia Pacific
The Kochi LNG terminal in India.

Pressure mounts on India to reform LNG taxes

India’s government is under pressure to change its tax system for LNG, which is more heavily taxed than other commodities such as coal.

31 October 2019 Asia Pacific
An LNG plant in China.

China’s Hanas seeks import independence with Putian LNG project

The independent energy group from western China is joining the growing crowd of non-NOC companies developing their own regasification facilities in the country.

31 October 2019 Asia Pacific

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