US LNG price and cargo data shows German deliveries halved after winter but gas still flows to rest of Europe
The US Department of Energy has published its latest LNG export data showing that shipments to Germany halved when the winter season ended and during 2023 US export facilities delivered 21 shipments to German import terminals through April 2023, while the UK, Spain and France extended their lead over China as cargo destinations.
US Rio Grande LNG project signs supply accord with French utility Engie after two previous Chinese deals
NextDecade Corp., the developer of the Rio Grande LNG export project on the Brownsville Ship Channel in Texas, has signed a 15-year sale and purchase agreement with French utility Engie as the need for LNG supplies in Europe becomes more urgent.
Total deal in China
March 23 (LNGJ) - French major Total and China’s Shenergy Group, the leading energy player in the port of Shanghai, have signed binding agreements for the supply of up to 1.4 million tonnes per annum of LNG from Total, as well as the creation of a joint venture to expand LNG marketing in China. The joint venture, Total 49 percent and Shenergy 51 percent, will sell LNG supplied by Total to customers in Shanghai and throughout the neighbouring Yangtze River delta region.
Additionally, Total will supply LNG to Shanghai Gas, the natural gas distribution subsidiary of Shenergy. “This deal with Shenergy Group is a great opportunity to partner with an experienced gas and LNG player with strong ambitions, as well as a unique entry point into the downstream LNG market in China,” said Stéphane Michel, President of Gas, Renewables and Power at Total.
