Qatar could divert UK LNG to Asian markets Arabian Oil & Gas, by Kevin Baxter, Jun 14, 2009 The CEO of Qatargas has said that the company is thinking about shipping surplus liquefied natural gas (LNG) to markets in Asia instead of the intended recipient, the United Kingdom. According to news agency Reuters, Faisal Al Suwaidi said that low demand and [...]
Thursday, March 26, 2009
ANALYSIS: Cheaper to divert LNG term supply in Asia than use it Singapore (Platts)–25Mar2009 Lose a little or lose a lot more — that’s what is prompting Japanese and South Korean power utilities to seek to sell off their contract LNG cargoes and run on coal instead, rather than utilizing their purchases to generate power, an [...]
Friday, January 30, 2009
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 [...]
Tuesday, June 16, 2009
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