China on Tuesday said it will start accepting applications for tariff exemptions on 696 US-origin goods, including crude oil, LNG and refined products, from March 2, in a move that will allow it to meet purchase targets under the recent US-

Belgiums Exmar, the Nicolas Saverys-led shipowner, said that the outbreak of the Coronavirus (Covid-19) in China has caused a delay in receiving Tango FLNG funds. To remind, the shipper has agreed a $40 million loan deal with the Bank of Ch

Uncertainty and disruptions associated with the Covid-19 ( Coronavirus) outbreak in China continue to dog the global LNG markets. Globally, spot LNG prices remain low as the markets work through significant disruptions of cargoes that are s

The coronavirus has not impacted US LNG exporter Cheniere Energys long-term contract with PetroChina, a Cheniere official said today. China has not imported any US LNG since April because it has imposed a 25pc tariff on US LNG. PetroChina h

Chinas composite import price index for liquefied natural gas (LNG) dropped last week, according to Shanghai Petroleum and Natural Gas Exchange (SHPGX). The LNG index, not including tax, came in at 2,596 yuan/t from February 3 to February 9

Japans K Line announced that it has placed an order for two 79,960 cubic meters of LNG ships in Hudong Zhonghua. The two new ships will be leased by Petronas for a long period of 12 + 12 years, and will be delivered in the second quarter of

French oil major Total has refused to accept a force majeure notice from one of its long-term buyers of liquefied natural gas (LNG) in China, related to the coronavirus outbreak in the Asian country. Philippe Sauquet, Totals head of Gas, Re

Record low prices for liquefied natural gas (LNG) are roiling the global gas market, creating havoc as traders rush to find alternative locations for cargoes with Chinese buyers rejecting shipments amid the coronavirus epidemic. Asian spot

China National Offshore Oil Corporation (CNOOC) has reportedly declared a force majeure on LNG contracts due to disruptions caused by the coronavirus outbreak. Sources close to the matter told Platts that the deliveries have been impacted b

China Merchants Energy Shipping (CMES) has decided to carry out a 6.57 billion Chinese yuan ($952 million) asset acquisition which includes equity in five Arctic LNG carriers. Under the deal, CMES is set to acquire Sinotrans Shippings dry b

Japans Mitsui plans to invest in LNG business with China Resources Gas and Yangzijiang Shipbuilding in Jiangyin Lingang Development Zone, which will also be another cooperation between Mitsui and Yangzijiang Shipbuilding. On the morning of

On January 14, COSL announced that according to the companys production and operation in 2020, the companys board of directors issued the following strategic guidelines for 2020: According to the third-party data such as IHS Markit, the tot

Construction has started on a deep sea research center in East Chinas port city of Qingdao to explore frontier fields such as the origin of life on Earth. The center is established by the Pilot National Laboratory for Marine Science and Tec

China is considering scaling back or even ending national subsidies for new offshore wind farms in 2022, state media reported. If policymakers go ahead with the change, it would mark Chinas latest move to back away from financial support fo

The project of deep-sea gas field exploration in the Bohai Bay has discovered 170 billion cubic meters of natural gas, ending 60 years history without discovering large-scale gas field in the area and winning the top prize of Chinas Nationa