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HomeLNG

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China’s LNG import
Imports

China’s LNG imports surge in October

November 18, 2024 Mariel Alumit

Data from the General Administration of Customs shows that the country received 6.55 million tonnes last month, up 28 percent year-on-year. The data shows that during January-October, China imported 63.55 million tonnes of LNG, a […]

Big Oil Companies

BP, Venture Global to supply LNG to Bulgargaz in January and February

November 17, 2024 Andy Del Prado

Bulgargaz previously sought two LNG cargoes for delivery during January and February 2025. The company recently announced that 19 international companies have expressed interest in participating in its latest tender for two LNG cargoes. This […]

Exports

Atlantic LNG shipping rates rise to $26,000 per day

November 17, 2024 Andy Del Prado

Last week, Atlantic LNG shipping rates rose for the first time in seven weeks. “Spark30S Atlantic rates have experienced the largest week-on-week increase since June, rising by $5,500 to $26,000 per day,” Qasim Afghan, Spark’s commercial analyst, […]

Electrical Generation / Utilities

Japan’s Jera launches second LNG unit at Goi power plant

November 17, 2024 Andy Del Prado

The power firm and LNG trader said on Thursday that the power station’s unit 2 had begun commercial operation. Jera said the new unit with a generating capacity of 780 MW uses an LNG-fired gas […]

Exports

Petronas, CNPC strengthen LNG ties

November 15, 2024 Andy Del Prado

Malaysia’s Petronas and China National Petroleum Corporation (CNPC) signed a memorandum of understanding (MoU) to strengthen collaboration in various fields, including LNG. The two companies signed the MoU in Shanghai on November 6. According to […]

Exports

US LNG exports increase to 26 shipments

November 15, 2024 Mariel Alumit

The agency said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 26 LNG vessels is 97 Bcf. This compares to 23 shipments and 87 Bcf in the week […]

LNG

Awilco LNG reports net loss due to weak spot market

November 15, 2024 Andy Del Prado

Awilco LNG owns two 156,000 cbm TFDE LNG vessels, WilForce and WilPride. Third-quarter net loss of $0.3 million compares to net income of $8.7 million in the second quarter this year, and net income of […]

LNG

Malaysia’s MISC says LNG earnings down in Q3

November 15, 2024 Andy Del Prado

The shipping firm said its gas assets and solution business, which includes a fleet of LNG and ethane carriers, posted third-quarter revenue of 674.2 million ringgit ($150 million), a drop of 21.7 percent compared to the same […]

LNG

India continues to boost LNG imports

November 15, 2024 Andy Del Prado

The country imported 2.93 billion cubic meters, or about 2.2 million metric tonnes, of LNG in October via long-term contracts and spot purchases, This marks a rise of 10.5 percent compared to the same month […]

Adnoc Gas
LNG

Adnoc Gas, GAIL finalize 10-year LNG supply deal

November 15, 2024 Andy Del Prado

According to Adnoc Gas, the SPA converts the previous heads of agreement between the company and GAIL announced in January into a definitive agreement. Under the SPA, Adnoc Gas will supply 0.52 mtpa of LNG […]

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