Geopolitical News from the modern world

Tag archive

LNG

China races to beat gas supply crunch as big chill and Lunar New Year loom

in ASIA/ENERGY by

The Chinese authorities have reinforced the gas supplies in sight of expected heating spike over the holidays, to avoid a repeat of December’s chaos, which saw serious supply shortages. To ensure supplies before the longest holiday in the Chinese calendar, some 60 ships carrying more than 4 million tonnes of LNG are on their way to China this month, the third highest total behind December’s 5.1 million and November’s 4.36 million tonnes. The shipments are coming from unusual origins, Equatorial Guinea and Angola in Africa, Peru in South America, and Trinidad and Tobago, and several are also coming from the United States. Domestic producers are also churning out more gas. China’s December gas output was the highest since at least 2014. The urgency for gas has lifted Chinese prices by 15-18 per cent within a week to 6,650 yuan (US$1,039.87) per tonne.

L’Algérie a exporté plus de 73.000 tonnes de GNL au Japon en novembre

in AFRICA/ASIA/PRESS RELEASE/REGIONS by

Algeria exported 73,264 tonnes of liquefied natural gas (LNG) to Japan in November 2017, the US news agency Platts reported on Wednesday.The LNG exported by Algeria to Japan represents an increase of 20.7% compared to the same period of the previous year, when 60,714 tons were exported in November 2016. The Algerian LNG arrived in Japan on November 7th at shipboard The Oak Spirit. These volumes place Algeria in eleventh place in the countries from which Japan imported LNG this November, behind the United States (125,171 tons) or Papua New Guinea (188,473 tons). Algeria also remains far behind the leaders of Australia (2.23 million tonnes exported in November) and Malaysia (1.16 million tonnes).In total, Japan imported 6.41 million tonnes of LNG during the month of November 2017, down 15% compared to the same period last year.

pressrelease
× How can I help you?
Go to Top