Capital investments for 2020 are now expected to be about $23bn, down from the previously announced $33bn.
South Korea is the world’s third-biggest LNG importer.
China’s comprehensive import price index for liquefied natural gas (LNG) fell last week.
LNG demand in 2020 from the world’s three largest importers is now set to fall year on year, ICIS forecast yesterday.
The speed of the oil price collapse following the OPEC+ meeting on 6 March was as unexpected as it was unprecedented.
LNG terminals’ revenue consists of the regasification tariff fixed part (for booked annual capacities), variable part for amount of regasified LNG, reloading revenue from regulated activities and other consultations.
Daily digest of the latest natural gas news and LNG news by Natural Gas World.
U.S. natural gas futures fell almost 4%on Wednesday on midday forecasts calling for a little less coolweather over the next two weeks than earlier expected andanalyst forecasts that last week&rsquo…
Golar LNG Ltd said on Tuesday it received a force majeure notice from a BP unit seeking to delay by a year receipt of a floating liquefied natural gas facility for the African Tortue Ahmeyim project.
One of the world’s biggest liquefied natural gas buyers has become the latest company to ask suppliers to defer shipments as the impact of the coronavirus outbreak cripples energy demand.
LNG capacity saw a record surge in 2019 which went mostly to Europe.