Asian LNG Prices Steady on Ample Supply despite U.S. Cargo Cancellations
Asian spot liquefied natural gas (LNG) prices remained steady this week on a continued stream of spot supply even though traders continued to cancel cargoes loading from the United States due to poor economics.
Angola Seeks to Reduce Gas Flaring to Capture Revenue
Angola wants to cash in on the roughly 3 billion cubic feet per day of associated natural gas it produces, most of which is now flared, the petroleum minister said on Wednesday.The…
Angola's Soyo LNG Plant Resumes Production
Angola's Soyo liquefied natural gas (LNG) plant has resumed production after a "controlled" shutdown, a spokeswoman for Angola LNG said on Tuesday.She did not specify why…
Total Launches $16 Bln Project Offshore Angola
Africa's second largest crude producer Angola and France's Total officially inaugurated a new deep-sea oil field worth $16 billion in the Atlantic approximately 260 kilometers…
Angola LNG Offers Cargo for Delivery into Asia
Angola's liquefied natural gas (LNG) export plant has offered to sell a cargo for delivery into Asia in December, two industry sources said on Friday.Bids are due by Nov. 6, and are to remain valid until Nov.
Total Starts Production at Offshore Angola's Kaombo Project
French energy group Total said on Friday that it had started production at the Kaombo project, which is currently the biggest, deep offshore development in Angola.Kaombo Norte…
LNG Prices Climb on Limited Supply
Asian spot liquefied natural gas (LNG) prices rose this week to their highest since February as buying interest from China remained firm and as supply is expected to be…
Angola LNG Ramps Up Exports ahead of Maintenance
Angola's sole liquefied natural gas (LNG) project is stepping up exports of cargoes in the spot market ahead of maintenance, three industry sources said on Tuesday.The plant…
Angola LNG Plant Sells Cargo to Petrobras
Angola's sole liquefied natural gas (LNG) project has sold a cargo loading over May 12 to 13 to Brazil's Petrobras, two industry sources said on Monday.The exact price details could not immediately be confirmed
LNG Rebounds as Asian Buyers Replenish Inventory
Interest for prompt spot cargoes still keen; demand could roll over to April. Asian spot liquefied natural gas (LNG) prices rebounded this week as persistently cold weather…
Asian LNG Spot Prices Jump after European Gas Outages
Asian liquefied natural gas (LNG) spot prices jumped this week in reaction to volatile price spikes on European gas markets and ongoing demand from the region's major consumers.
Glencore Inks Angolan LNG Purchase Deal
Trading house Glencore is to buy liquefied natural gas (LNG) supplies from Angola LNG over a multi-year period, adding to similar recent deals between the producer and traders including Vitol.
Global LNG Deals Set Bullish Tone as Peru Export Halt Tightens Market
Asian spot LNG prices stepped higher this week, shrugging off months of weakness, as Royal Dutch Shell replaced lost output from its Peru plant via spot markets and as a…
GLOBAL LNG: Prices Dip as Supplies Emerge
Asian spot LNG prices dipped this week amid a salvo of export tenders and tepid demand from North Asia. Spot prices for August delivery <LNG-AS> edged down 5 cents to $5.45…
May LNG Cargo Prices Fall on Waning Demand
Asian spot LNG prices edged lower this week amid thin trade for May cargoes and as focus shifts towards June supplies. Spot prices for May delivery of LNG in Asia fell by…
LNG Price Gains Face Ceiling as New Supply Emerges
Asian spot liquefied natural gas (LNG) prices rose this week on the back of rallying gas benchmarks in Europe and a production outage in Angola. The price of LNG for December…
Vitol wins Angolan LNG Tender
Trading house Vitol has won a tender to buy Angola's first liquefied natural gas (LNG) cargo since the facility at Soyo was shut down more than two years ago for repairs, three trade sources said.
Angola LNG Tenders to Sell Second Post-shutdown Cargo
Angola's liquefied natural gas (LNG) export plant has launched a tender to sell its second cargo since shutting down in April 2014 for extensive repairs, trade sources said on Monday.
Angola LNG Restart, Sales Tender Delayed
Angola's liquefied natural gas (LNG) export plant is experiencing fresh delays in raising production and shipping a cargo, according to trade sources. The plant, shut since…
Angola LNG Returns to Market with June Lifting
Angola's recently refurbished liquefied natural gas (LNG) export project launched a tender late on Sunday to sell its first cargo since the plant was unexpectedly shutdown in April 2014, trade sources said.
