LNG

US liquefied natural gas LNG shipments increased in the past week even as LNG cargo prices remained at historically low levels in Asia while European prices were still much lower than the US spot Henry Hub benchmark.

The Energy Market Authority of Singapore is advancing with plans for a second regasification and storage terminal in the city state as it aims to confirm its position as an Asian LNG hub with a high representation of global trading firms and LNG bunkering availability.