Prices for Long-Term LNG Increasing, Yet Suppliers See Reason for Caution
9 August 2018:
Suppliers with LNG to sell are being pulled in two directions. On the one hand, demand is…
Mitsubishi Sells LNG Canada Supply Ahead of FID Expected in October
9 August 2018:
Japan’s Mitsubishi is understood to have sold a part of its 1.95 MMt/y of equity volumes…
Long-Term Deals for New Capacity Lead Binding Contracts Signed in 1H 2018
9 August 2018:
Long-term contracts with developers looking to build new LNG capacity came back into favor in the first…
Bloomberg: Oil Tanker Owners Are Scrapping the Most Ships in Decades
August 1, 2018: “A scrubber and a new ballast water system cost $5 million to $6 million combined, according…
Record Refining Runs
3 Aug 2018;
In their latest weekly petroleum report, the U.S. Energy Information Administration (EIA) noted that U.S. refineries are…
Bloomberg: Europe to Become ‘Massive’ Buyer of U.S. LNG, Trump Says
26 July 2018:
“There are plenty of supply options here to be able to meet increased European demand,” said Jason…
Saudi Surrounded
27 Jul 2018;
On Wednesday, July 25, Yemeni Houthi militia attacked two Saudi VLCCs after they passed through the Bab…
To Scrap or to Scrub?
20 Jul 2018;
Tanker scrapping has been on an upswing this year and in a recent interview, an executive from…
Spain LPG consumption rebounds in 2018
18 July 2018:
LPG consumption in Spain has rebounded in 2018 after steady declines in the second half of 2017….
LNG Projects in Russia’s Far East Eyed to Increase Exports
18 July 2018:
Liquefaction projects in Russia’s Far East could play an important role in furthering the world’s second-largest gas…
