Asian LNG News - page 58


Japan Spent $4 Bln to Back Global LNG Infrastructure Push

Oct 22, 2018

The Japanese government along with private companies have spent $4 billion in the past year on liquefied natural gas (LNG) projects, mainly in Asia and across the supply chain, to help spur demand for the fuel, the country's trade minister said on Monday…

Total and CNOOC Strengthen LNG Partnership

Oct 22, 2018

French energy group Total and China's CNOOC have strengthened their existing partnership in the liquefied natural gas (LNG) sector to increase their output, the companies said on Monday.Total and CNOOC said they had agreed to increase the contract volume from 1 million tons per annum (Mtpa) to 1…

Pavilion Inks Long-term LNG Charter Deal with BW

Oct 22, 2018

Singapore's Pavilion Energy has signed an agreement with commodities shipper BW Group for the long-term charter of two newly built liquefied natural gas (LNG) vessels, the company said on Monday.The 173,400 cubic meter vessels, expected to be delivered between 2019 and 2020…

US Downplays Impact on LNG Exports from China Trade Spat

Oct 22, 2018

Growing demand from other countries for U.S. liquefied natural gas (LNG) means that the United States is not concerned about a decline in exports to China amid the trade dispute between the countries, a U.S. government official said on Monday…

Asian LNG Demand to Grow

Oct 22, 2018

Currently planned regasification capacity expansions in Asia will allow LNG demand to grow towards 2030, said energy consultent Rystad Energy.Total planned capacity additions is forecasted to reach 700 Mtpa by 2030 driven by expansions in China and India…

Arkas Bunkering, Sumitomo Corporation in LNG Bunkering Deal

Oct 21, 2018

Arkas Bunkering have signed a protocol with Japan-based Sumitomo Corporation for the use of liquefied natural gas (LNG) as bunker fuel in Turkish and nearby seas. As environmentally-friendly buildings, vessels and fuels have become more popular than ever…

ENN Starts First Phase of Zhoushan LNG Import Terminal

Oct 19, 2018

Chinese gas distributor ENN Energy Holdings has begun operations at the first phase of its Zhoushan liquefied natural gas (LNG) import terminal, Vice President Ma Shenyuan said, speaking at a commencement ceremony for the terminal on Friday…

LNG Investment Set to Grow

Oct 18, 2018

Following years in the pricing doldrums, LNG is hot again, with business prospects for floating production and regasification looking strong through 2023. We talk to Jim McCaul of International Maritime Associates (IMA) for his insights, as…

Hoegh Gallant Leaves Egypt, Sets US Destination

Oct 18, 2018

Liquefied natural gas (LNG) tanker Hoegh Gallant has left its mooring in Egypt, where it had been used as a floating import terminal since 2015, and set course for the U.S. Sabine Pass production facility, according to Refinitiv Eikon data.Hoegh…

Gazprom CEO Says Output Up This Year

Oct 18, 2018

Gazprom's output in the last nine and a half months is up by 6.8 percent year on year and the Russian gas producer expects production close to 500 billion cubic metres (bcm) this year, RIA news agency cited its chief executive as saying.The TASS news agency…

New Pakistani Government Seeks to Renegotiate LNG Terminal Deals

Oct 18, 2018

Pakistan's new government will seek to renegotiate agreements for two liquefied natural gas (LNG) import terminals, the country's petroleum minister said on Thursday.Petroleum Minister Ghulam Sarwar Khan said the previous government agreed to…

US Energy Exports to China Plummet

Oct 18, 2018

It's probably not the kind of success U.S. President Donald Trump had in mind, but his trade dispute with China has effectively killed off the burgeoning energy trade between the world's two biggest economies.China's imports of U.S. crude oil…

Novatek, Fluxys to Build German LNG Terminal

Oct 17, 2018

Russian gas producer Novatek and Belgium's Fluxys joint venture Rostock LNG GmbH has signed a Land Lease Agreement with the Port of Rostock with a view to building and operating a mid-scale liquefied natural gas (LNG) storage terminal in the port…

TOTE Touts 'LNG-as-Fuel' Experience

Oct 17, 2018

Build it and they will come mentality serves TOTE well on ‘world first’ LNG ContainershipsAs the marine industry collectively struggles to find solutions to the mounting mandates to cut emissions, U.S. owner TOTE, which broke ground three years ago with the world’s first LNG-fueled containership…

Poland's PGNiG Finalizes LNG Deal with U.S.' Venture Global

Oct 17, 2018

Poland's dominant gas firm PGNiG has finalised the terms of a deal to buy liquefied natural gas (LNG) from U.S. company Venture Global LNG, part of a move to cut reliance on Russian supply, the company said on Wednesday.PGNiG struck an agreement…

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