Chinese LNG imports in March increase by 16 percent in first significant recent monthly rise in shipments
Chinese liquefied natural gas imports in March 2023 rose by almost 16 percent as demand showed its most significant monthly increase in 14 months.
Chinese LNG shipments show year-to-date increase to stay on track for world No. 1 importer position
Chinese liquefied natural gas imports rose year-on-year by 4.2 percent last month and over 18 percent in the year-to-date period, keeping the nation on track to be the world’s No. 1 LNG importer for 2021.
China Gas Holdings says Hubei gas explosion that killed 25 blamed on pipeline corrosion and site neglect
China Gas Holdings, one of the leading non-state controlled companies in the Chinese city-gas and LNG sectors, has accepted full responsibility for the June 2021 explosion in the northeast province of Hubei Province that killed 25 people and left 27 others with serious injuries.
China LNG orders
June 4 (LNGJ) - French LNG storage tanks technology firm GTT has received another order for the design of two very large membrane full containment storage tanks from China’s Chengda Engineering. GTT will design the two latest generation tanks, each with a net capacity of 220,000 cubic metres.
GTT said the order was part of the cooperation agreement between Beijing Gas and GTT related to the Tianjin Nangang LNG terminal project in northeast China. The two tanks are scheduled to be delivered to the Tianjin South Industrial Zone for Phase III construction in the second quarter of 2024.
Höegh LNG Holdings reports loss amid takeover and mixed tender and project results for FSRU fleet
Höegh LNG Holdings, the Norwegian shipping company acquired in a takeover by Norwegian interests and a unit of US investment bank Morgan Stanley, posted a wider loss in the first quarter of 2021 as it reported setbacks in its tenders for projects.
Höegh LNG merger with Morgan Stanley is opposed by key Spanish shareholder ahead of Bermuda vote
A Spanish equity fund, which holds a 15 percent stake in Norwegian LNG fleet owner Höegh LNG Holdings, said it planned to vote against the takeover offer led by Morgan Stanley and Höegh family interests at a meeting scheduled for March 30 at Höegh’s registered office in Bermuda.
Hoegh LNG resumes China imports with FSRU and other ventures pending in Australia and India
Hoegh LNG, the Norwegian LNG carrier fleet operator and floating import terminal project developer, reported stable third-quarter profits as one of its vessels resumed a floating import role at the port of Tianjin in northeast China, while the company was also in line for at least seven other ventures in Australia, the Indian Subcontinent and the Philippines.
LNG will be close to meeting Northern Sea Route 2024 traffic targets but coal and oil fall short
The Russian government has reduced its target for energy cargo transportation to China and Asian nations by the Northern Sea Route with only shipments of LNG close to meeting projected volumes and cargoes of coal and oil falling short.
Chinese LNG imports gather pace in June with almost 28 percent year-on-year jump in deliveries
Chinese liquefied natural gas imports in June jumped 27.8 percent to 5.79 million tonnes, or around 84 cargoes, compared with 4.53MT in June 2019 as cargo flows built up from nations such as Australia, Qatar and Russia.
Another LNG shipment heads for Chinese terminal by Northern Sea Route from Russian Yamal export plant
A second liquefied natural gas carrier is heading for China after the early re-opening of the Northern Sea Route (NSR) from Arctic Russia to North Asia and could arrive as early as June 16.
