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Latest From LNG
The ordering plan was first unveiled in April when the project was said to be linked with US LNG exports
Thailand’s power generation project developers have made use of record low spot prices to secure LNG supplies
Tianjin’s LNG imports expanded by a quarter in the first five months over the levels seen in the past year
Export volumes are expected to hold steady but these will not assuage the damage from drastic falls in LNG prices
Exmar says that it considers the notice issued by YPF to be unlawful
A build-up in LNG floating storage would dampen the prospect of significantly improved prices for the commodity in the coming winter months
The Suez Canal Authority has extended the discounts offered to bulk and liquid carrier transiting the canal until December 31 this year
LNG demand has been more resilient than other energy commodities, such as oil or coal, during the coronavirus pandemic, but high inventory levels leave little room for more shipments and are keeping gas prices very low, resulting in the sharpest growth deceleration the segment has witnessed in many years
The Tungs participated in the recent $36m private share offering by the US-listed LNG carrier owner
LNG shipments headed to Europe mostly in 2019 as compared to Asia which drove the growth in 2018
As well as a slowdown in new orders, LNG shipbuilders have to grapple with deferrals of their existing backlogs as some owners are bound to seek extra time for uncommitted tonnage
Exports from the six currently operational US liquefaction terminals are currently down 60% from their peak earlier this year
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