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LNG Tanker Rates More than Double in Two Weeks as Power Crisis Drives Demand

2021-10-20 15:28:15| OGI

Shipping rates across all routes are up this week and will likely break previous record high levels, a Singapore-based LNG trader said.

Tags: power weeks rates double

 

China Signs Huge LNG Deals with US Supplier Venture Global

2021-10-20 14:54:46| OGI

For Chinawhich has this year overtaken Japan as the world's top LNG buyerthe deals will be its single largest LNG trade agreement in terms of volumes without an equity stake, a senior Beijing-based gas industry source said.

Tags: china global deals huge

 
 

LNG Sellers Hold Upper Hand in Long-term Supply Talks with Buyers

2021-10-19 15:13:10| OGI

Asian spot LNG prices have pulled back to around $30 per mmBtu, but remain nearly 500% up from last year.

Tags: hand hold supply sellers

 

China Looks to Lock in US LNG as Energy Crunch Raises Concerns

2021-10-15 15:33:13| OGI

Talks with U.S. suppliers began early this year but speeded up in recent months amid one of Asia's biggest power-generating, heating fuel crunch in decades.

Tags: china energy concerns lock

 

Cheniere to Sell LNG to Chinas ENN in Long-term Deal

2021-10-12 19:05:16| OGI

This is the first major binding deal for natural gas between the U.S. and China since a long-standing trade war which brought gas trade between both countries to a temporary standstill.

Tags: sell deal lng chinas

 

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