|Bid||0.0980 x 0|
|Ask||0.0980 x 0|
|Day's Range||0.0980 - 0.1050|
|52 Week Range||0.0800 - 0.4700|
|Beta (5Y Monthly)||1.85|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 01, 2016 - Mar 05, 2016|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.97|
Australia-listed Liquefied Natural Gas Ltd said on Monday it signed a deal with a province in Vietnam to supply liquefied natural gas (LNG) from its Louisiana-based Magnolia project. The Vietnam project includes an LNG import terminal, and a 3,200-megawatt combined-cycle power plant in the coastal province of Bac Lieu, where the Houston-based company will supply gas and Vietnam-based Delta Offshore Energy will generate electricity and sell it. Two million tonnes of LNG per year will be supplied from its Magnolia project, which locks in a buyer for 25% of the supply from the project.
Moody's Investors Service (Moody's) placed PERU LNG S.R.L.'s (Peru LNG) Baa3 senior unsecured rating under review for downgrade after the company released weak results in the second quarter 2019, negatively affecting its credit metrics in the medium term. The ratings review will focus on the likelihood that Peru LNG will be able to generate cash flow in amounts that push debt leverage closer to 4.5 times in 2020, from the 8.9 times Moody's expects for 2019.
Asian spot prices for liquefied natural gas (LNG) fell to a three-week low this week as cargoes were offered against little buying interest despite the approach of summer, when warmer weather typically boosts power generation demand. Spot prices for July delivery to Northeast Asia slipped to $5.35 per million British thermal units (mmBtu), down 30 cents from the previous week, several industry sources said. Prices for cargoes delivered in June are estimated at $5.30 per mmBtu, also down 30 cents from a week ago, they said.
Greg Vesey has been the CEO of Liquefied Natural Gas Limited (ASX:LNG) since 2016. This report will, first, examine...
LONDON, May 9 (Reuters) - Malaysia's Petronas has offered a liquefied natural gas (LNG) cargo for June 7 loading from its Bintulu terminal, industry sources said. The tender was placed on the Global LNG ...
U.S. exports of liquefied natural gas (LNG) can easily meet EU demand and European criticism of the need for regulatory clearance for such exports is unfounded, U.S. Energy Secretary Rick Perry said on Wednesday. The Commission said in March that LNG imports from the United States had almost tripled since the agreement.
LONDON (Reuters) - Gail India on Wednesday offered 10 cargoes of liquefied natural gas (LNG) loading in the United States, three trade sources said. The cargoes are offered for loading between June 2019 ...
The world's biggest liquefied natural gas (LNG) producers including Shell, Total and Petronas are increasingly selling from global supply pools instead of dedicated projects as buyers leverage a fuel surplus to force ever more flexible deals. This marks an accelerated turning from traditional long-term contracts that lock customers into taking regular volumes from specific projects under oil-linked pricing formulas. "A more dynamic and liquid LNG market, and the need for greater flexibility by traditional LNG buyers, is providing opportunities for shipping optimisation and trading, and enabling new entrants such as LNG traders," said Saul Kavonic, head of energy research for Australia at Credit Suisse.
In the booming market for supercooled natural gas, the most precious commodity is the ship. A global quest for cleaner energy has fired up demand for liquefied natural gas (LNG), which produces less carbon dioxide than coal. Reflecting the white-hot demand for ships, over a dozen different companies, including energy majors BP and ExxonMobil, trading house Trafigura and gas utility Centrica are already looking to charter boats for the winter, according to four shipping industry sources, months earlier than usual.
Asian spot prices for liquefied natural gas (LNG) rose for a second week, as interest from buyers returned amid a wide price disparity between spot and term prices. Most long-term LNG contracts in Asia are linked to oil prices and rising crude prices are likely causing buyers to seek more spot cargoes though no firm purchases could be confirmed, four trade sources said. Spot prices for May delivery to Northeast Asia climbed to $5.25 per million British thermal units (mmBtu) this week, up 75 cents, or nearly 17 percent, from the previous week, trade sources said.
The rise in LNG prices was due to a pick up in gas prices in the Netherlands and Britain, the two major European gas hubs, because of a drop in supply from Norway through the Langeled pipeline, gas traders said. Traders said there could be a correction in European prices next week, however, given that gas markets remain oversupplied due to LNG arrivals and high storage levels. PetroChina International (London) offered three spot cargoes of LNG from Russia's Yamal LNG plant for delivery in Europe in May.