Waterborne Reports 28 % Jump in U.S. LNG Imports
Confirms earlier forecast, expects trend to continue through 2010
30 Jan 2009 22:13. Waterborne announced today that U.S. LNG imports will be up 28 percent for the quarter ending in February, compared to the same quarter ending February, 2008.
”This is the first year-over-year increase in LNG imports to the [...]
Asian LNG market hears increased talk of diversions to Europe
Singapore (Platts)--29Jan2009
The Asian LNG market heard further talk of possible diversions towards
Europe Thursday, with several traders saying there were Japanese buyers
actively trying to reduce the volumes taken under long-term contracts, due to
the severe decline in local demand.
"We are considering all options [...]
Tokyo Electric, Conoco Agree to Extend Alaska LNG (Update 1)
Jan. 29 (Bloomberg) – Tokyo Electric Power Co., the world’s second-biggest liquefied natural gas buyer, and Tokyo Gas Corp. agreed to extend LNG supplies by two years from ConocoPhillips’s Alaskan plant, company officials said.
The two utilities, which currently buy a combined 1.23 million metric tons from Nikiski on Alaska’s [...]
Usmanov sells 75 pct in Yamal LNG to Gazprombank
Reuters, MOSCOW, Jan 30 - Billionaire Alisher Usmanov has sold his majority stake in a gigantic gas deposit to the banking arm of Russian gas export monopoly Gazprom, taking its share in the field to 100 percent, a paper said on Friday.
The metals tycoon sold his 75 [...]
Asian LNG continues bearish trend as power demand shrinks further
Singapore (Platts)--28Jan2009
The Asian LNG market continued its bearish trend Wednesday as domestic power demand figures in Japan showed greater declines than in December,
traders said.
Buyers were even considering exercising downward quantity tolerance clauses in their long-term contracts, several sources said.
"It's getting worse," one trader at a [...]
Saturday, January 31, 2009
0 Comments