Only a change in the price formation mechanism will reflect the current supply-demand situation for LNG in Asia, not just a bid to reduce the price level, Jonathan Stern, professor at the Oxford Institute for Energy Studies, said at a ...
Tags: price formation mechanism, LNG, Asia
Repsol on Tuesday announced a $6.7 billion deal that will see Shell purchase a package of LNG assets from the Spanish firm. Repsol will sell Shell its interests in LNG facilities in Trinidad and Tobago, Peru and Spain as well as LNG ...
Korea Gas Corporation, the world's single-largest buyer of LNG, has stepped up efforts to sell part of its stake in Australia's Gladstone LNG project, a company official told Platts Friday. The South Korean state-owned company has ...
Tags: Korea Gas Corporation, LNG, LNG project
Japan imported 6.66 million mt of LNG in November, almost stable from October, when imports were recorded at 6.67 million mt, customs data released Thursday by the Ministry of Finance showed. However, LNG imports were down 4.5% from ...
Tags: Japan, LNG, LNG imports, Japan economy
PTI reported that GAIL India Ltd will this week import a shipload of natural gas in its liquid form, called liquefied natural gas, for commissioning of the beleaguered Dabhol facility in Maharashtra. Mr BC Tripathi CMD of GAIL said ...
Tags: GAIL India Ltd, natural gas, liquefied natural gas, energy
Leading liquefied natural gas terminal experts will be in Bahrain to attend a crucial summit from January 20 to 23 where they will discuss the upcoming import terminal projects in the Middle East region. The Mena LNG Regasification Summit ...
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Winter demand for natural gas in Shanghai is expected to rise by 50% year on year to nearly 30 million cubic meters/day (1.06 Bcf/day), Chinese state company PetroChina said Thursday. The company said the increase is due to rising gas ...
Tags: demand for natural gas, rising gas demand, seasonal consumption
LNG re-exports from Europe to South America in the year to date rose to 34.5 billion cubic feet of gas equivalent of LNG from 7.7 Bcf in 2011, data published by Bentek Energy showed Wednesday, as market players worked the arbitrage between ...