Gas Natural Fenosa, the international natural gas power utility and LNG market participant, has unloaded its first shipment from Russia under a long-term contract, involving a capacity of 172,600 cubic metres of gas.
The European Commission, the executive arm of the 28-nation European Union, has opened an anti-trust investigation into liquefied natural gas agreements between Qatar Petroleum and European energy companies and utilities, at the likely instigation of Germany whose natural gas mostly comes from Russia by pipeline.
A new Chinese-authored report has outlined how the US and China are trying to avoid a trade war, securing future LNG supplies for China, while the US re-imposition of sanctions on Iran over the nuclear issue could also work to the advantage of Beijing in regard to natural gas assets.
Japanese liquefied natural gas imports rebounded in May to rise by 2.7 percent as US shipments to Tokyo Bay started from Cove Point in Maryland, though thermal coal purchases were still preferred to LNG for power generation.
Indian LNG imports jumped last month by over 17 percent, led by shipments from Qatar and Nigeria as volumes are also set to increase from the US to meet rising demand from regasification infrastructure being developed for the first time on the East Coast.
Energy World Corp., the owner of the first LNG import terminal in the Philippines at Pagbilao, has backed testimony to a Senate hearing in Manila that imported liquefied natural gas was the most economic source of fuel for the nation's electricity.
Royal Dutch Shell said it completed the sale of its 15 percent stake in liquefaction plant three at the Malaysian LNG Bintulu Complex in Sarawak for a net $650 million.
Crowley Maritime Corp., the Florida-based shipping company for the Caribbean, said its fuels unit had acquired 40 additional cryogenic ISO tank containers to meet growing regional demand for US-sourced liquefied natural gas.
Australian and the Asia-Pacific region shipping companies believe switching to liquefied natural gas is the preferred solution in meeting the International Maritime Organization’s (IMO) stringent new international emissions standards for marine bunker fuels.
Gaztransport and Technigaz (GTT), the French LNG maritime storage tank and technology supplier, has received an order from South Korean shipyard Hyundai Heavy Industries to design the tanks of a new carrier for Greek shipping company Thenamaris, the latest in a growing order book for the Mark III Flex tank.