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Petronet LNG of India and Japanese trading houses Mitsubishi Corp. and Sojitz Corp. are moving ahead with their FLNG import terminal plans for the island nation of Sri Lanka.
French energy company Total and partners, Italian company Eni and Russian natural gas and LNG player Novatek, have signed two exploration and production agreements covering offshore Lebanon in the East Mediterranean.
Cheniere Energy, owner of the US Sabine Pass export plant in Louisiana and the Corpus Christi liquefaction facility being built in Texas, said it had entered into two liquefied natural gas sale and purchase agreements with Chinese major China National Petroleum Corp. through its PetroChina unit.
Japanese spot LNG cargo prices contracted in January surged 31 percent to an average $11.00 per million British thermal units, an increase of $2.60 MMBtu for each shipment compared with the $8.40 per MMBtu paid in the same month of 2017.
Chinese natural gas imports in the form of pipeline supplies from Central Asian republics and LNG shipments amounted to a combined 7.70 million tonnes last month, about 33 percent higher than a year ago.
US LNG exports increased in the past week with six LNG carriers departing the Sabine Pass plant in Louisiana while another was lifting a cargo as overall US consumption of natural gas rose by 13 percent.
Singapore LNG cargo indices for March were in the US$10.097 per million British thermal units to US$10.301 per MMBtu range, down by an average 8 percent from last month, though cargoes for March delivery to Northeast Asia rose to around the US$10.898 per MMBtu mark.
French energy major Total said its annual liquefied natural gas sales rose by 2 percent to 11.23 million tonnes and events during the latter part of 2017 had improved its position in the global LNG hierarchy.
GNL Quintero, the import terminal in the South American nation of Chile, has sent out 50,000 trucks loaded with LNG to expand small-scale distribution nationwide with large-scale shipments from countries like Qatar and the US.
A new US-Mexican pipeline project to compete with US LNG liquefaction and export plants on the Gulf Coast for feed-gas has launched a 30-day open season for a proposed international link from the Permian Basin via the Waha Hub in Texas to under-served markets in Central and Western Mexico.