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Qatar

Asia

China to build LNG ships for Qatar in maiden deal

China will build four new liquefied natural gas (LNG) carriers for Qatar Petroleum, as part of a deal worth 2.8 billion Qatari Riyals ($760 million) that will help bolster the country’s fleet, as its North Field expansion progresses. Significantly, it is the first order placed with a Chinese shipyard for LNG vessels by Qatar Petroleum and underscores the strengthening strategic relationship between the two nations.

Asia

Qatar signs major LNG deal with China’s CNOOC

Qatar Petroleum has signed a deal with China National Offshore Oil Corporation (CNOOC) for the supply of 3.5 million tonnes per year (t/y) of liquefied natural gas (LNG) over a 15-year term starting January 2022. Significantly, the deal brings Qatari LNG supplies to China under long-term deals to 15.5 million t/y.

Asia

Bangladesh seeks contractor to build first onshore LNG terminal

The government of Bangladesh has shortlisted eight potential global companies, including ExxonMobil and TotalEnergies, as well as various Japanese players, to build the South Asian nation’s first onshore liquefied natural gas (LNG) import terminal. Significantly, the proposed 7.5 million tonne per year (t/y) LNG processing facility would double Bangladesh’s import capacity.

Asia

Qatar signs 15-year LNG supply pact with Taiwan

Qatar Petroleum will supply 1.25 million tonnes per year of liquefied natural gas (LNG) to Taiwan’s CPC Corporation for 15 years. Qatar Petroleum said yesterday that LNG deliveries will start in January 2022. Since the first LNG delivery in March 2006, CPC has received more than 63 million tonnes of LNG from Qatar.

Asia

Supplying Asia with LNG got much costlier for the US, but strong demand brings export records

Supplying liquefied natural gas (LNG) to the expanding Asian market has become more expensive for US producers this year, a Rystad Energy report reveals. Even so, US exporters are unlikely to repeat last year’s cost-related shut-ins as global demand has rebounded to strong levels. Instead, US LNG exports climbed to a record monthly high of 6.5 million tonnes in May and may keep rising to new peaks, according to the energy consultancy.