Ying Ting Lew

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Chinese LNG companies looking to sell Jan-Feb 2025 cargoes amid weak demand

Dec 6, 2024 | spglobal.com | Cindy Liang |Ying Ting Lew

Some Chinese state-owned and second-tier oil and gas companies have been looking to sell LNG cargoes for the January-February 2025 period to alleviate pressure from growing inventory and weak domestic demand, according to market participants. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
DXT Commodities launches its first LNG tender for North Asia

Nov 14, 2024 | spglobal.com | Ying Ting Lew

DXT Commodities, a Switzerland-based trading house, issued its first buy tender for two LNG cargoes to North Asia in 2025, market sources said. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. The tender that is expected to close Nov. 14 seeks offers for two cargoes, each with specified three-day delivery windows.
PACIFIC LNG: Key market indicators for Oct 21-25

Oct 21, 2024 | spglobal.com | Ying Ting Lew |Suyash Pande

Platts JKM -- the benchmark price reflecting LNG delivered to Northeast Asia -- is expected to be rangebound in the week to Oct. 25, with market fundamentals unchanged and winter procurement largely completed for 2024. Nonetheless, temperature fluctuations in the coming month will play a pivotal role in influencing LNG demand and price movements. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
Thailand's Gulf Energy evaluates LNG term deal at JKM minus 20-30 cents/MMBtu

Oct 10, 2024 | spglobal.com | Ying Ting Lew |Suyash Pande

Thailand's Gulf Energy is evaluating an LNG contract for seven cargoes per year for 2025-2026 that is JKM-linked with competitive offers at JKM full-month average minus 20-30 cents/MMBtu, sources told S&P Global Commodity Insights this week. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Market sources said that the offers were valid for two weeks before Gulf Energy announces the final winner around mid-October.
Vietnam faces domestic natural gas shortfall for power generation in 2025

Sep 24, 2024 | spglobal.com | Eric Yep |Ying Ting Lew

Vietnam is expected to continue experiencing a shortfall of domestic natural gas for power generation next year due to declining production at its upstream gas fields, according to a presentation from state utility EVN, seen by S&P Global Commodity Insights on Sept. 23. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
Vietnam's Hai Linh receives license to import, export LNG

Aug 5, 2024 | spglobal.com | Ying Ting Lew

Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. LNG Highlights Second company in Vietnam authorized to import LNG No LNG tender issued to date The Vietnamese government has granted Hai Linh Co. Ltd. the license to import and export LNG, making it the second company or the first private firm in the country to trade LNG, according to documents seen by S&P Global Commodity Insights Aug.
Thailand's Hin Kong Power procures 0.2 mt/year LNG from PTT

May 27, 2024 | spglobal.com | Ying Ting Lew

Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. LNG Highlights Hin Kong Power's second short-term deal About three cargoes for May-Dec delivery Prices linked to JKM Thailand-based Hin Kong Power made its second short-term deal by securing 0.2 mt/year of LNG -- equivalent to three cargoes -- from PTT's trading business unit, according to a market source familiar with the matter.
Petronas LNG complex in Bintulu out of operation amid power loss

May 14, 2024 | spglobal.com | Ying Ting Lew

Petronas' subsidiary, Malaysia LNG Group of Companies, experienced a power loss at around 11:30 pm on May 10 (1530 GMT), leading to operational disruptions at the LNG complex in Bintulu, the state energy company said in a statement May 14. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Prior to the incident, the facility was running at optimal efficiency, Petronas said in the statement.
Philippines First Gen awards LNG tender to CNOOC trading unit

Apr 15, 2024 | spglobal.com | Ying Ting Lew

Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Crude Oil | LNG | Natural Gas | Upstream Highlights Tender for 1 LNG cargo for May 25-31 delivery awarded Prime Energy to drill new wells at Malampaya The Philippines' First Gen Corporation, or FGEN, said April 15 that it has awarded its LNG buy tender to CNOOC Gas and Power Trading & Marketing. Not registered?
Thailand increases spot LNG procurement at start of 2024 amid hot weather

Mar 28, 2024 | spglobal.com | Ying Ting Lew

Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today.