Page 1 - GLNG Week 12
P. 1
Issue 607 26•March•2020 Week 12
European slump
Gas prices in Europe have fallen to new historical seasonal lows owing to COVID-19, warm weather, record levels of storage and higher LNG imports.
A step forward
The proposed Jordan Cove LNG facility has received federal approval, but operator Pembina still has hurdles to overcome to move the project forward.
Decision delay
Sempra Energy has delayed its final investment decision on the construction of an LNG export facility in Baja California, Mexico.
Force majeure
India’s decision to impose a 21-day lockdown has reportedly driven the country’s LNG importers to issue force majeure notices to their suppliers.
