EghtesadOnline: Japan's Tokyo Gas said on Friday it has signed a heads of agreement with Royal Dutch Shell for 500,000 tons per year of liquefied natural gas, with the purchase based partly on a coal-linked pricing formula.
EghtesadOnline: Although China will continue to raise its liquefied natural gas (LNG) imports this year, the 2019 rise in the world’s key LNG demand growth market may not be enough to absorb all the new supply coming on stream over the next months.
EghtesadOnline: The completion of its largest liquefied natural gas venture, known as "Iran LNG", will change Iran into a major player in the global gas market, the former secretary-general of Gas Exporting Countries Forum said.
EghtesadOnline: Qatar, the world’s biggest seller of liquefied natural gas, can still access shipping routes to deliver oil and gas to buyers after Saudi Arabia and other neighboring states barred the emirate from exporting through their territorial waters.
EghtesadOnline: U.S. liquefied natural gas was supposed to go mainly to Asia and Europe, lured by prices as much as four times higher than those at home. So far, South America has been the destination of choice.
EghtesadOnline: Nobody will ever accuse shipper Mitsui O.S.K. Lines of not thinking big. Its new 40 billion yen ($394 million) floating liquid natural gas terminal, scheduled for delivery as early as the end of this year, is longer than three football fields and capable of storing enough LNG to power all of Sweden for a day.