In this issue
Monday, 11 November 2024
Japanese utility buyers are understood to have purchased three spot cargoes via a tender, consisting of two December deliveries and one January delivery. China’s Sinopec bought a cargo for December…
Monday, 11 November 2024
China Gas Hongda Energy Trading (China Gas) and Vitol have signed into a long-term LNG swap arrangement. Under the accord, Vitol will buy 500,000 tonnes of LNG from China Gas’…
Monday, 11 November 2024
CAPEX intensity of oil & gas producers in Asia-Pacific stays high, driven by upstream spending and energy-transition initiatives which makes producers prioritize investment in natural gas and LNG. According to…
Monday, 11 November 2024
Free ReadLNG price spreads between the Japan Korea Market (JKM) and the Dutch Title Transfer Facility (TTF) for balance of winter 2024/25 contracts have fallen, but some analysts find this drop…
Monday, 11 November 2024
India's Hindustan Petroleum Corp (HPCL) is in discussions with several counterparties to secure an LNG cargo to commission its new Chhara terminal in Rajasthan in December, or early January. Chhara,…
Monday, 11 November 2024
PV Gas, part of PetroVietnam, has agreed with state utility Vietnam Electricity (EVN) to deliver LNG from Vung Ang regas terminal to the Quang Trach II power project. Unit II…
Monday, 11 November 2024
Free ReadThere were 2.41mmt of LNG on the water with destinations in China according to our market visibility at the time of writing on 7 November. These cargoes had an estimated…
Monday, 11 November 2024
LNG Demand: China’s monthly LNG offtake in October amounted to 6.64mmt, our data showed at the time of writing, which constituted negative month-on-month demand growth of 0.18mmt (-3 percent) from the…
Friday, 13 September 2024
Cracks loom large in the bullish picture for LNG demand in China as utility buyers turn away from ordering cargoes. Demand for spot LNG stayed moderate – even during 2024 summer…
Friday, 13 September 2024
Shell-led LNG Canada, the first large-scale export project from British Columbia, is about to start introducing feedgas into its Kitimat liquefaction facility, having taken delivery of a shipment of refrigerants.…
Friday, 13 September 2024
Free ReadPetroVietnam Gas has received another LNG cargo delivered by PetroChina to the Thi Vai regasification terminal. The shipment came from Brunai’s liquefaction terminal in Lumut and has been used to…
Friday, 13 September 2024
Demand for natural gas, and especially for LNG, has slowed over the summer and going into the autumn despite a 13.9 percent increase during the period between January and June, according…
Friday, 13 September 2024
Sluggish growth limits the procurement of LNG cargoes by Chinese importers, as the Purchasing Managers’ Index (PMI) stays weak. Over in Japan, in contrast, high summer temperatures made utilities seek…
Friday, 13 September 2024
Free ReadCounting on hydrogen for decarbonisation, China will likely install 2.5 GW of electrolyser capacity by the end of 2024, adding to the 1 GW installed last year, which cements the country’s…
News Nudges
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Korean gov’ mulls investment in US LNG The South Korean government is reviewing a project to build an LNG export terminal in Louisiana. Consultants Samil and Kim & Chang were reportedly assessing the project's feasibility. If the project's feasibility is confirmed, it will be finalised through talks with the US and then proceed to final approval by President Trump. The South Korean Government will cover part of the project cost using a South Korea to US investment fund. The US was said to have requested investment from South Korea from the outset. |
