United Arab Emirates-based oil company Abu Dhabi National Oil Company (ADNOC) is studying options for LNG bunkering operations to serve its new LNG-fueled vessels.
Asia liquefied natural gas (LNG) prices rose this week amid heating demand from South Korea during winter and from India and China for the longer term. The average LNG price for January delivery into Northeast Asia LNG-AS rose to $35.80 per metric million British thermal units (mmBtu), up $1.20 from the previous week, industry sources .
South Korea’s GS Energy is seeking a cargo for delivery in January, three industry sources said on Friday. The cargo was sought on a delivered ex-ship (DES) basis for delivery into Boryeong, one of the sources said. Korea Gas Corp (KOGAS) earlier this week bought 4 to 6 LNG cargoes for delivery over January to .
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