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.
14 hours ago
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.
4 days ago
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.
4 days ago
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
4 days ago
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.
5 days ago
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.
5 days ago
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.
5 days ago
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.
5 days ago
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.
5 days ago
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 days ago
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
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
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
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
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
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
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
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
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
Supply crunch in eastern Australia boosts new FRSUs
Persistent concerns about supply constraints and rising prices for gas in eastern Australia continue to support the business case for LNG import infrastructure.
31 October 2019Viewing 1-20 of 7,971 articles