LNG

Chinese state-control petrochemical conglomerate Sinopec has taken delivery of the first LNG cargo under a new long-term supply deal with Qatar on Sunday last week.

With Asian markets well supplied, uncommitted LNG cargoes from the United States are increasingly travelling to Europe to capture prevailing high regional prices. Lower Russian pipeline gas supply has added…

US LNG exports are headed for a record high by the end of the year on the back of persistent growth shale gas production seeking lucrative foreign markets.

Free ReadHigh national gas demand notwithstanding, Turkey’s LNG imports have been trailing their year-on-year counterparts. Imports are held back by relatively little remaining fixed supply, few available spot cargoes and high…

Following another power issue at Shell’s Prelude FLNG barge, Shell was again forced to suspend production and evacuate staff as the plant was in the process of increasing exports.

With talks surrounding Petronas’ DQT notices this month still in flux, Malaysia has striven to not only maintain LNG exports but grow them both month-on-month and year-on-year.

The world’s biggest LNG buyers – led by China – are continuing to grow LNG offtakes whilst elsewhere in the world the prevailing high-price environment has dampened buyers’ appetite for…

Free ReadMalaysia’s national oil and gas company Petronas has sought to defer up to 20 LNG cargoes for December-March delivery by exercising downward quantity tolerance (DQT), Platts reported citing unnamed sources.…

China’s Sinopec and its subsidiary Unipec have signed two long-term LNG import agreements with US LNG developer Venture Global amounting to 7.5mtpa. The two deals emerged whilst US-China trade relations…

With the help of pipeline gas supplies from the North Sea and Norway, the UK has tried to avoid the protracted high-price environment.