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2019-01-14 11:25:00

RUSSIAN LNG FOR ASIA

RUSSIAN LNG FOR ASIA

BLOOMBERGRussia's Novatek PJSC is looking at storing liquefied natural gas produced in the Arctic on Japan's southern island of Kyushu so it can better meet spot demand from China and cut shipping costs.

Saibu Gas Co., which last month signed a preliminary deal to allow Russia's biggest LNG producer to use its storage facilities, said Wednesday it may build two additional LNG tanks and upgrade its re-exporting capability. That infrastructure would offer Novatek greater flexibility to meet Chinese and…

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Tags: RUSSIA, LNG, GAS, NOVATEK, JAPAN, CHINA
Chronicle:
RUSSIAN LNG FOR ASIA
2019, July, 12, 07:55:00
BRITAIN'S CLIMATE AMBITION
The UK government must show it is serious about its legal obligations to tackle and prepare for climate change, the independent Committee on Climate Change (CCC) said today as it published its Reducing UK emissions - 2019 Progress Report to Parliament.
RUSSIAN LNG FOR ASIA
2019, July, 12, 07:50:00
SAUDI ARAMCO, MCDERMOTT CONTRACT $4.5 BLN
McDermott has won two engineering, procurement, construction and installation (EPCI) contracts from Saudi Aramco worth more than $4.5bn for the Marjan Increment Programme.
RUSSIAN LNG FOR ASIA
2019, July, 12, 07:45:00
SAUDI ARAMCO, SAIPEM CONTRACT $3.5 BLN
As part of its larger increment programmes for Marjan and Berri, Saudi Aramco has awarded Saipem two EPCI contracts worth more than $3.5bn.
RUSSIAN LNG FOR ASIA
2019, July, 12, 07:40:00
LNG PRICE: NEAR $4.5
Spot prices for August delivery to Northeast Asia are estimated to be about $4.40 per million British thermal units (mmBtu), up 10 cents from last week, trade sources said.
RUSSIAN LNG FOR ASIA
2019, July, 10, 12:55:00
OIL PRICE: NEAR $65 AGAIN
WTI had climbed 93 cents, or 1.6%, to $58.76, having earlier risen to $58.84. Brent was up 70 cents, or 1.1%, at $64.86, after earlier touching $64.95.
RUSSIAN LNG FOR ASIA
2019, July, 10, 12:50:00
OIL PRICES 2019-20: $67 ANEW
The Energy Information Administration (EIA) forecasts Brent spot prices will average $67/b in the second half of 2019 and remain at that level in 2020. EIA expects West Texas Intermediate (WTI) crude oil prices will average $62/b in the second half of 2019 and $63/b in 2020.
RUSSIAN LNG FOR ASIA
2019, July, 10, 12:45:00
IRREVERSIBLE CLIMATE CHANGE
“The clock is ticking on irreversible climate change,” Adam Matthews, co-chair of the Transition Pathway Initiative (TPI) and the director of ethics and engagement at the Church of England Pensions Board, said in a statement.
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