LNG

Golar LNG Partners, the owner of 10 vessels, said that growing underlying demand and limited new nameplate production additions through to 2023 will result in LNG prices that help the fuel’s competitiveness and support a more sustained increase in US-Asia trade and ton-mile demand for shipping.

The latest LNG market report from Australia said LNG supplies to China are still strong even amid trade tensions that led liquefaction plant operator Woodside Petroleum to suspend talks with the Chinese over taking a stake in the Scarborough gas field offshore Western Australia.