Tag Archives: Woodside Petroleum

The hit to Chinese demand for LNG due to coronavirus has exacerbated the already weak market.

The cost of chartering a liquefied natural gas vessel on the short-term market has jumped the most since at least 2013.

Here’s another reason for Presidents Donald Trump and Xi Jinping to seal a swift trade deal: it could put the U.S. on track to become China’s biggest supplier of liquefied natural gas. according to Morgan Stanley.

Spot Asian LNG spiked last month in anticipation of winter demand after a hot summer depleted stockpiles.

The risk that current trade tensions escalate further is the greatest near-term threat to global growth.

In the currency market. the U.S. dollar is trading in the mid 110 yen-range on Monday.

Traders are also nervously awaiting Trump'.s decision on whether or not to continue with the Iran nuclear deal. which he has in the past derided.

South Korea imports most of its LNG through the country’s sole LNG wholesaler KOGAS.

This is Chevron’s second project in the Australian LNG rush.

As well as accelerating the transition to gas. Van Beurden has advocated a price on carbon and worked to promote hydrogen as a transport fuel.