Asian spot prices for liquefied natural gas (LNG) this week fell to their lowest in nearly three years driven by excess supply and lack of buying interest in the region.
The United States is keen to see that Malaysia, Singapore and others are fully aware of illicit Iranian oil shipments and the tactics Iran uses to evade sanctions, a top US sanctions official said on Friday.
The key benchmark in the world’s biggest LNG consuming region, S&P Global Platts’ Japan/Korea Marker, has dropped below Dutch Title Transfer Facility prices for the first time since April 2016,
Over the past year, the number of patients treated each day in the hospital unit where cardiologist Ade Imasanti Sapardan works in Indonesia’s capital has almost doubled to about 100.
Asian spot prices for liquefied natural gas (LNG) this week fell to their lowest for this time of the year since 2016 as more supply entered the market from Egypt and Australia, with the lower prices attracting Indian demand, trade sources said.
Rosneft is opening a trading arm in Singapore as part of a pivot to Asia, the world’s biggest and fastest-growing energy-consuming region, where the Russian state oil major plans to manage new projects and boost oil sales.
Asia’s gasoline margins have recently swung back to a premium after mainly being at discounts since the start of 2019 as rising demand from Indonesia and upcoming refinery maintenance raised supply concerns.
India’s dependence on imported Liquefied Natural Gas (LNG) exceeded 50 per cent of its consumption for the first time in 2018 according to the Shell LNG Outlook 2019.
Asian spot prices for liquefied natural gas (LNG) continued their downward spiral this week, hitting a 17-month low as the market moved further away from the peak winter demand period and inventories remained high in the region.
Asia’s oil refiners are increasingly finding themselves trapped between the rock of OPEC’s production cuts and the hard place of U.S. President Donald Trump’s sanctions against Iran and Venezuela.