Midstream
2018, August, 22, 12:40:00
THAILAND NEEDS LNG
PLATTS - EGAT, Thailand's largest power producer, will import the gas at PTT's Map Ta Phut LNG receiving terminal where the utility has acquired access to 1.5 million mt/year of regasification capacity from PTT LNG for a 38-year period from 2019-2056.
2018, August, 20, 14:05:00
MITSUBISHI BUYS 25% BALNGADESH LNG
PLATTS - Japan's Mitsubishi has agreed to acquire a 25% interest in Bangladesh's Summit LNG import project, which includes a floating, storage and regasification unit, with the remaining 75% held by Summit Corporation, the Japanese LNG trader said in a statement late last week.
2018, August, 17, 11:45:00
CHINA'S LPG IMPORTS UP
PLATTS - China Gas Holdings is expected to import around 10 million mt/year of LPG over the next five years, up from the current 2.8 million mt/year, as the Hong Kong-listed gas operator and service provider seeks to expand into the petrochemical sector, industry sources said recently.
2018, August, 17, 11:40:00
U.S. LPG FOR JAPAN UP
REUTERS - Japanese utilities and industrial companies are snapping up U.S. cargoes of liquefied petroleum gas (LPG) that are seeking a new home after Chinese buyers started to shun them amid an escalating trade war between Washington and Beijing.
2018, August, 17, 11:35:00
IRAN'S OIL EXPORTS DOWN
PLATTS - South Korea's crude oil imports from Iran halved in July from a year earlier in the wake of the reimposition of US sanctions, according to preliminary data released by the Korea Customs Service Thursday.
2018, August, 15, 11:00:00
U.S. OIL FOR CHINA
REUTERS - Chinese oil importers are shying away from buying U.S. crude as they fear Beijing’s decision to exclude the commodity from its tariff list in a trade dispute between the world’s biggest economies may only be temporary.
2018, August, 15, 10:30:00
ALASKA LNG: $43 BLN
PLATTS - A deal between Chinese companies and Alaska's state gas corporation to build the $43 billion Alaska LNG Project appears to be on scheduled despite the trade war brewing between the US and China.
2018, August, 13, 13:50:00
RUSSIAN GAS FOR EUROPE
PLATTS - Russian state-owned gas producer and transporter Gazprom filed a complaint with the WTO about the legislation in April 2014, arguing Russian infrastructure was being treated unfairly. Since then, constraints on access to OPAL have been lifted, resulting in flows via Nord Stream increasing to full capacity of 155 million cu m/day. The decision is therefore not expected to be market moving.
2018, August, 13, 13:45:00
U.S. LNG FOR EUROPE
PLATTS - Natural gas demand from US LNG export terminals is set to double over the next year as a spate of new liquefaction projects now nearing completion enters service.
2018, August, 13, 13:40:00
CHINA STOPPED U.S. LNG
BLOOMBERG - Under the plan, PetroChina would boost buying of spot cargoes from other countries or swap U.S. shipments with other nations in East Asia to avoid paying additional tariffs, said the people, who asked not to be identified because the information isn’t public.
2018, August, 13, 13:35:00
INDIA BUYS U.S. OIL
PLATTS - State-run Indian Oil Corp has signed its first US term crude oil deal, buying 6 million barrels, as the Asian buyer steps up efforts to devise an alternative buying strategy amid uncertainty about purchases from Iran because of US sanctions.
2018, August, 13, 13:30:00
ANGOLA'S OIL EXPORTS UP TO 1.63 MBD
PLATTS - Angola's crude oil exports rebounded to a four-month high of 1.63 mil b/d in June even as the OPEC member struggles to arrest declines at some of its ageing deepwater oil fields, finance ministry data showed.
2018, August, 10, 10:50:00
U.S. - CHINA LNG DOWN
REUTERS - U.S. exports of liquefied natural gas (LNG) to China in July fell to their lowest level in a year and are expected to decline further as the Sino-U.S. trade dispute forces utilities to seek alternative supplies.
2018, August, 10, 10:45:00
QATAR - CHINA LNG
REUTERS - PetroChina Ltd is in advanced discussions with Qatar to purchase liquefied natural gas (LNG) under short- and long-term agreements, three sources with knowledge of the talks said on Wednesday.
2018, August, 10, 10:40:00
TAPI PIPELINE FOR CHINA
REUTERS - Originating at the giant Galkynysh gas field in Turkmenistan, the $9.6 billion TAPI (Turkmenistan, Afghanistan, Pakistan and India) pipeline involves the four countries’ own energy companies, and would carry 33 billion cubic metres (bcm) of gas a year.