China raises imports of Nigerian LNG

China raises imports of Nigerian LNG

LNG imports by state-owned companies coming into China from Nigeria LNG have risen in January 2015. 

As Platts reveals, six cargoes were delivered to China’s LNG terminals so far, compared to two cargoes from NLNG during January and February last year. China imported only seven cargoes from the Nigerian LNG facility during whole 2014.

Sources reveal that the increase is due to falling spot prices in Asian markets and that most cargoes were part of long-term supply contracts between Chinese buyers and portfolio sellers.

According to sources, two cargoes were delivered to PetroChina while four cargoes were scooped up by China National Offshore Oil Corp.

As Platts reveals, last two cargoes were delivered on Wednesday. One was delivered aboard LNG carrier Solaris to PetroChina’s Rudong LNG terminal while CNOOC’s Tianjin FSRU received a cargo delivered by the Maran Gas Coronis LNG carrier.

 

LNG World News Staff; Image: Maran Gas Maritime

Share this article

Follow LNG World News

Events>

<< Sep 2019 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >

Offshore Energy Exhibition and Conference 2019

The three-day event includes an exhibition where an expected 600+ supply chain companies will showcase their products and services.

read more >

LNGgc London

LNGgc is a fantastic way of raising attendees’ company profile within this market and creating greater awareness of their brand…

read more >

5th CWC China LNG & Gas International Summit & Exhibition

5th CWC China LNG & Gas International Summit & Exhibition will return 16 – 17 October 2019, bringing together the key players…

read more >