In this issue
Friday, 04 September 2020
China National Technical Import & Export Corp. (CNTIC), together with VPower Group, is awaiting further cargoes to beth at their new-built jetty adjacent to their Thanlyin gas power plant (350…
Friday, 04 September 2020
Free Read1.52mmt on the water with a delivery horizon of 10th October, with c. 47% due in the North China region. At the time of writing, we saw three cargoes that…
Friday, 04 September 2020
China’s m/m LNG offtake grew by 0.25mmt in August, increasing robustly by 5% to 5.54mmt. Monthly Chinese offtakes had decreased by 0.48mmt (-8%) in June, meaning that the country realigned…
Thursday, 04 June 2020
The Chinese economy has recovered swiftly after lockdowns were lifted and factories already operate at 87% of normal output since early April, pushing up energy demand. Australia emerged as China’s…
Thursday, 04 June 2020
Free ReadRussia’s state gas company Gazprom seeks to boost gas production in Yakutia and enhance pressure as well as throughput at the ‘Power of Siberia’ pipeline. There is “plenty of supply,”…
Thursday, 04 June 2020
Manufacturing is resuming in China, but the recovery from the coronavirus lockdown still needs to translate in a substantial rise in energy demand. China was the first to implement containment…
Thursday, 04 June 2020
Terms of natural gas sales are changing. In the power sector gas no longer competes with oil, but coal and renewables – making hub-indexation traders' preferential choice. Across Asia, including…
Thursday, 04 June 2020
The area around Tianjin in northeast China currently has floating and onshore import terminals and is already the nation’s leading LNG importer, but an expansion of the onshore terminal and…
Thursday, 04 June 2020
Free ReadWith the Northern Sea Route from Arctic Russia to North Asia opening up earlier this year, the first LNG cargo is on route from Novatek’s Yamal LNG export terminal to…
Thursday, 04 June 2020
Avenir LNG has obtained debt financing to meet the remaining payments on delivery of six small-scale LNG carriers under construction in Asia. The company, owned by three Norwegian shipping firms,…
Thursday, 04 June 2020
Total of 1.80mmt on the water with a delivery horizon of 7th July, with more than half due in the North China region. Three cargoes originated in the United States…
Thursday, 04 June 2020
Free ReadChina’s m/m LNG offtake grew by 0.42mmt in May, increasing robustly by 7.17% to 6.28mmt. Monthly Chinese offtakes had also grown by 1.48mmt (33.8%) in April, meaning that the country…
Wednesday, 01 April 2020
The first LNG cargo from the United States for more than a year is heading for the Chinese port Tianjin, east of Beijing, from the Cameron export plant in Louisiana…
Wednesday, 01 April 2020
Though Chinese workers have returned to factories of Airbus, General Motors and Toyota in recent days, many remain shuttered due to coronavirus quarantine measures. The recovery of Chinese gas demand…
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. |
