Indian liquefied natural gas monthly imports increased by more than 16 percent last month and were back on track for a record fiscal-year total as cargo shipments rose along with economic activity and the nation was set to have its seventh regasification facility in early 2021.

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Qatar Petroleum President and Chief Executive Saad bin Sherida Al-Kaabi said that Qatar had delayed commercial bidding deadlines for its LNG expansion plans but contracts would still be awarded in 2020 as he saw the market rebounding and the Gulf nation's own shipments would keep flowing.

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Japanese liquefied natural gas imports declined again last month while prices were 13.5 percent lower than a year ago as Australian cargoes increased and Middle East shipments fell.

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Petronet LNG, the largest importer of cargoes in India from nations like Qatar and Nigeria, posted a 13 percent fall in third-quarter revenues as net profits jumped while the company was considering taking an equity stake in a US export plant in Louisiana.

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Friday, 26 April 2019 04:18

Q-Flex for UK May 2

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April 26 (LNGJ) - The 217,000 cubic metres capacity Q-Flex carrier “Al Huwaila” is scheduled to unload a shipment on May 2 at the UK South Hook terminal at Milford Haven in Wales from the Ras Laffan plant in Qatar, according to port authorities. The delivery is headed for the UK as the National Balancing Point benchmark natural gas price was at the equivalent of $4.10 per million British thermal units, while one of the main continental European prices, the Dutch Title Transfer Facility (TTF), was higher at the equivalent of around $4.71 per MMBtu.

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