GLNG Week 17
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Issue 612 30•April•2020 Week 17
Cautious optimism
The COVID-19 pandemic is hitting the LNG industry, but there are hopes that demand will stay resilient despite being dented in the short term.
Profits and projections
US LNG exporter Cheniere Energy reported a first-quarter profit, but is moderating its growth projections for the whole of the year.
Indian imports
India’s imports of LNG soared 20.4% year on year in March to 2.87bn cubic metres, while production shrank by 14.4% to 2.41 bcm.
Subsea plan
Australia’s offshore regulator has approved Inpex’s plan for subsea modifications related to the Ichthys LNG project.
