Tag Archives: LNG Industry magazine

The Yamal LNG plant has offered cargoes to Asian customers for delivery this winter.

Europe received about 10% of total US exports last year.

China is the third largest importer of US LNG.

South Korea had the market share at 70% of the orderbook by cbm. followed by Japan (21%) and China (9%).

LNG spot prices for September deliveries in Asia have reached US$10.00 per million Btu.

S.Korea has favoured coal and nuclear power to generate cheaper electricity and to ensure stable power supply.

Russia is keen to press ahead with the Nord Stream 2 pipeline since it has the potential to double its gas exports under the Baltic Sea to Germany.

In addition to demand growth. LNG supply projects have an opportunity to capture legacy demand.

MAN Diesel &. Turbo customers benefit from an industry leading portfolio of solutions and products to help make that fuel-switch.

Russia. Europe’s biggest gas supplier. sees higher demand for its pipeline gas. undermining the region’s efforts at diversification.