Mark Tay

GLOBAL LNG-Asian prices jump 10 percent on bullish tender results

Sep 29 2017

LONDON/SINGAPORE, Sept 29 Asian spot LNG prices jumped more than 10 percent this week on bullish tender results, but the rally may lose steam as prices near oil-link contract parity levels ahead of a public holiday in China and South Korea next week.

Matrix Global plan U.S. sweet crude storage contract amid export growth

Sep 28 2017

SINGAPORE Matrix Global Holdings is planning to start up an oil storage futures contract for low-sulphur crude oil that will enable companies to build up supplies for export cargoes, as Asia looks for more crude imports from the United States.

U.S. oil exports to meet 5 percent of non-U.S. global demand by 2022: Enterprise

Sep 25 2017

SINGAPORE Crude oil exports from the United States will increase to meet 5 percent of global demand by 2022, as refiners seek more low-sulfur crude to meet stricter rules for cleaner fuels, an executive from Enterprise Partners LP said on Monday.

Demand for lower sulphur refined products to drive US crude exports -Enterprise Products

Sep 24 2017

SINGAPORE, Sept 25 Demand for U.S. light sweet crude is set to rise amid changes in sulphur specifications for refined products like fuel oil and as shale producers continue to drill for more crude, an executive from U.S. pipeline firm Enterprise Products said on Monday.

GLOBAL LNG-Prices edge higher on November demand

Sep 22 2017

LONDON/SINGAPORE, Sept 22 Asian spot LNG prices rose this week, buoyed by the outcome of a two-cargo sale tender from Russia's Sakhalin II export plant as well as a purchase by Japan and demand from India.

Pavilion Gas and Uniper to share access to European, Singapore LNG terminals

Sep 19 2017

SINGAPORE, Sept 20 Singapore's Pavilion Gas and German utility Uniper SE have inked an agreement that gives both parties access to liquefied natural gas (LNG) terminals in Europe and Singapore, Pavilion Energy's chief executive officer (CEO) said on Wednesday.

Prices rise to 6-month high on pre-winter demand

Sep 08 2017

SINGAPORE Asian spot LNG prices rose to their highest since mid-February this week, buoyed by rising demand from traders and as buyers begin to positions themselves for upcoming winter demand.

Pavilion Gas clinches two-year LNG storage capacity deal in Singapore

Aug 23 2017

SINGAPORE, Aug 24 Singapore's Pavilion Gas has won the right to use storage facilities at the city-state's Singapore LNG Corp (SLNG) liquefied natural gas (LNG) terminal, the companies said on Thursday.

GLOBAL LNG-Prices rise slightly in quiet trading week

Aug 18 2017

LONDON/SINGAPORE, Aug 18 Asian spot LNG prices largely levelled off this week following a strong run of gains over the past month as buyers took a break from replenishing stocks for winter.

GLOBAL LNG-Faltering supply prompts short-covering price rally

Aug 11 2017

LONDON/SINGAPORE, Aug 11 Asian spot LNG prices gained ground this week with traders and portfolio players engaged in short-covering as sputtering output and stockpiling ahead of winter added to bullish sentiment.

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