CNOOC's Binhai LNG import terminal in Jiangsu recently received the 100th cargo (Image: CNOOC Gas & Power)
China reported a 24.5 percent drop in its LNG imports in March, while its pipeline gas imports increased by 2 percent compared to the same month last year.
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US LNG exporter Venture Global reported revenue of $4.58 billion in the second quarter of this year, a 47.6 percent rise from the year before, while its net income surged 266 percent year-on-year to $1.35 billion.
Glenfarne’s Magnolia LNG has signed a long-term feed gas deal with Texas Eastern Transmission for its planned liquefaction and export plant in Louisiana.
State-owned LNG terminal operator China Oil and Gas Pipeline Network (PipeChina) has received the 500th liquefied natural gas shipment at its LNG import terminal in the northern port city of Tianjin near Beijing.