GLNG Week 18
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Issue 613 08•May•2020 Week 18
Short supply
The world is struggling to absorb a glut of LNG, but import-dependent Japan could find itself facing a shortage of the fuel.
Capex cut
Russian LNG exporter Novatek has cut its 2020 capital expenditure plan by 20% in an effort to preserve cash amid market turmoil.
Bunkering licences
The Pilbara Port Authority has issued Australia’s first ship-to-ship LNG bunkering licences to Woodside Petroleum.
Sales up
France’s Total has announced that its LNG sales in the first quarter of increased by 27% year on year, but has also warned of a looming slowdown.
