Atlantic and Pacific spot liquefied natural gas (LNG) shipping rates dropped this week, ending a three-week run of gains in both basins, according to Spark Commodities.
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Japan's Inpex has signed the first liquefied natural gas (LNG) sales and purchase agreements for the planned Abadi LNG project in Indonesia, a spokesman for Inpex confirmed to LNG Prime on Thursday.
South Africa’s petrochemicals firm Sasol and Mozambique's state-owned oil and gas company ENH signed a memorandum of understanding to assess the feasibility of an FSRU-based liquefied natural gas (LNG) terminal in southern Mozambique.
Poland’s Orlen said it had exercised its right to terminate one of the two long-term LNG supply contracts with a unit state-owned LNG giant QatarEnergy due to an ongoing force majeure resulting in an inability to meet contractual delivery obligations.
US liquefied natural gas (LNG) plants sent 37 cargoes during the week ending October 21, up two cargoes from the previous week, according to the Energy Information Administration.
FSRU-based LNG import terminals in Egypt were the top destinations for US liquefied natural gas shipments for the third month in a row in August, with Europe again becoming the preferred destination for US cargoes over Asia, according to the Department of Energy’s LNG monthly report.