2021-03-23 15:15:00
QATAR LNG FOR CHINA
ENERDATA - 23 Mar 2021 - Qatar Petroleum has entered into 10-year LNG Sale and Purchase Agreement (SPA) with Sinopec to supply 2 Mt/year of LNG to China. LNG deliveries will start in January 2022. In 2018, China became the second largest LNG importer in the world behind Japan. China's LNG imports amounted to 77 bcm in 2019 (+12%). Australia is the largest LNG supplier (42%), followed by Qatar (15%).
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Earlier:
2021, March, 15, 10:45:00
QATAR LNG PROJECT
The agreement paves the way for the establishment of a Joint Industry Project (JIP) that targets the development of new LNG carrier designs utilizing the LNT A-BOX® LNG cargo containment system.
2021, February, 17, 16:00:00
LNG FOR ASIA UP
China saw the greatest increase in Asian LNG volumes during 2020, importing 67.4 Mt of LNG, up 11.1% on the 60.7 Mt imported in 2019.
2021, February, 17, 15:55:00
QATAR LNG LEADERSHIP
Qatar will spend billions of dollars expanding its LNG capacity more than 50% to 126 million tons a year.
2021, February, 16, 12:05:00
LNG DEMAND UP
Growing liquified natural gas (LNG) demand will reduce market oversupply in 1H21, with volumes of gas in European storage facilities already normalised due to the cold winter in the northern hemisphere,
2021, February, 10, 11:35:00
LNG DEFICIT
Novatek expects worldwide LNG demand to continue to grow even as countries decarbonise their energy systems.
2021, February, 9, 15:40:00
LNG PRODUCTION DOWN
LNG Canada initially is to consist of two trains that together would provide 14 million metric tons/year of gas.
2021, January, 13, 13:40:00
QATAR LNG EXPANSION
State-owned Qatar Petroleum is planning a to increase LNG production by 43% to 110 million mt/year by 2025, up from 77 million mt/year currently.
