Wednesday, October 4, 2023
  • Login
Anonymous Wire
  • Home
  • Top News
  • Entertainment
  • Technology
  • World Sport
  • Uncategorized
  • Privacy Policy
  • Website Terms of Use
  • Contact Us
No Result
View All Result
  • Home
  • Top News
  • Entertainment
  • Technology
  • World Sport
  • Uncategorized
  • Privacy Policy
  • Website Terms of Use
  • Contact Us
No Result
View All Result
Anonymous Wire
No Result
View All Result
Home Adventure

Cheniere Shunning Panama Canal for Longer LNG Routes to Asia

July 12, 2023
in Adventure
0
Cheniere Shunning Panama Canal for Longer LNG Routes to Asia
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Cheniere Shunning Panama Canal for Longer LNG Routes to Asia

pbiQQv

Top U.S. LNG exporter Cheniere Energy LNG.A is shunning the Panama Canal to transport liquefied natural gas to Asia because the market is not supporting use of the waterway, said Chief Operating Officer Corey Grindal on Monday.

The Panama Canal historically has been used by U.S Gulf Coast LNG exporters to send LNG to Asian customers via the Pacific Ocean. But a months-long drought has led to delays and depth restrictions for the largest ships accessing the canal.

“We use the canal when it is economical to do so, right now it is not. Right now the market in the Far East is not supporting it, and the waiting time, with us not being a priority customer, is just not worth us using it right now,” Grindal said in a media briefing at an LNG conference.

Other routes to Asia include sailing through the Suez Canal or a month-long journey around South Africa’s Cape of Good Hope.

Cheniere continues to be buoyed by the possibility of a growing Asian market and expects there will be increased demand from countries in South and Southeast Asia, said Chief Commercial Officer Anatol Feygin.

However, some countries with large gas-reliant economies but poor credit ratings have had a difficult time figuring out how to enter into long-term agreements with purely commercial exporters like Cheniere, Feygin said.

“They tend to rely more on state-to-state agreements. Obviously that is not something we can participate in. We see Thailand, Philippines as very attractive markets,” he said.

Feygin expects China to import 100 million metric tons per year in the future, up from about 64 million metric tons last year, he said.

“China will be the largest LNG buyer this year.”

(Reuters – Reporting by Curtis Williams; Editing by Tom Hogue)

Published at Tue, 11 Jul 2023 20:10:08 +0000

ShareTweetPinSendShareShareShareShareSend
Previous Post

Jessica Pegula vs Marketa Vondrousova live score, result, highlights from Wimbledon 2023 quarterfinal

Next Post

MLB All-Star Game live score, updates, highlights from baseball’s 2023 Midsummer Classic

Next Post
MLB All-Star Game live score, updates, highlights from baseball’s 2023 Midsummer Classic

MLB All-Star Game live score, updates, highlights from baseball's 2023 Midsummer Classic

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

  • Trending
  • Comments
  • Latest
WEF Advisor: ‘Common People’ Should Live In Fear, ‘We Don’t Need The Vast Majority of You’

WEF Advisor: ‘Common People’ Should Live In Fear, ‘We Don’t Need The Vast Majority of You’

August 12, 2022
ANOTHER Clinton Associate, Who Vowed to Expose Elite Pedophile Ring, Found Dead

ANOTHER Clinton Associate, Who Vowed to Expose Elite Pedophile Ring, Found Dead

May 29, 2022
3,200 Megapixels: The World’s Largest Camera will be Complete in 2023

3,200 Megapixels: The World’s Largest Camera will be Complete in 2023

October 11, 2022
Father Launches Billboard Campaign to Tell the World His Son Was Killed by the Pfizer Vaccine

Father Launches Billboard Campaign to Tell the World His Son Was Killed by the Pfizer Vaccine

April 16, 2022
Multiple Vaccinated “#vaxxedtothemax” Lawyer Suddenly Collapses During Hearing

Multiple Vaccinated “#vaxxedtothemax” Lawyer Suddenly Collapses During Hearing

0
Alpha V2ray MOD APK 3.2 (Ads Free)

Alpha V2ray MOD APK 3.2 (Ads Free)

0
Meghan Markle, Prince Harry: Roasted By Media Amid Ongoing “Flop Era”

Meghan Markle, Prince Harry: Roasted By Media Amid Ongoing “Flop Era”

0
July 3rd was the hottest day in recorded history

July 3rd was the hottest day in recorded history

0
Apple iPhone 15 vs the competition: Goodbye Lightning, hello USB-C

Apple iPhone 15 vs the competition: Goodbye Lightning, hello USB-C

September 12, 2023
First Crew Boat for Nakilat Svitzer Wijsmuller Launched

First Crew Boat for Nakilat Svitzer Wijsmuller Launched

August 8, 2023
RRS Sir David Attenborough Gearing Up for First Antarctic Science Cruise

RRS Sir David Attenborough Gearing Up for First Antarctic Science Cruise

August 7, 2023
“Wetenschapper” wil een asteroïde vangen en de zon ermee blokkeren

“Wetenschapper” wil een asteroïde vangen en de zon ermee blokkeren

August 7, 2023

Recent News

Apple iPhone 15 vs the competition: Goodbye Lightning, hello USB-C

Apple iPhone 15 vs the competition: Goodbye Lightning, hello USB-C

September 12, 2023
First Crew Boat for Nakilat Svitzer Wijsmuller Launched

First Crew Boat for Nakilat Svitzer Wijsmuller Launched

August 8, 2023
RRS Sir David Attenborough Gearing Up for First Antarctic Science Cruise

RRS Sir David Attenborough Gearing Up for First Antarctic Science Cruise

August 7, 2023
“Wetenschapper” wil een asteroïde vangen en de zon ermee blokkeren

“Wetenschapper” wil een asteroïde vangen en de zon ermee blokkeren

August 7, 2023

ABOUT US

Anonymous Wire is the best news website to get every updates you need.

Follow Us

Browse by Category

  • Adventure (144)
  • An Adventure (1)
  • Business (3)
  • Entertainment (393)
  • Games (5)
  • Health (56)
  • News (399)
  • Science & Space (2)
  • Technology (224)
  • Top News (167)
  • Uncategorized (35)
  • Web Stories (1)
  • World Sport (313)

Recent News

Apple iPhone 15 vs the competition: Goodbye Lightning, hello USB-C

Apple iPhone 15 vs the competition: Goodbye Lightning, hello USB-C

September 12, 2023
First Crew Boat for Nakilat Svitzer Wijsmuller Launched

First Crew Boat for Nakilat Svitzer Wijsmuller Launched

August 8, 2023
  • Home
  • Top News
  • Entertainment
  • Technology
  • World Sport
  • Uncategorized
  • Privacy Policy
  • Website Terms of Use
  • Contact Us

© 2022 Anonymous Wire - Design & Developed by IndeedFeed Media.

No Result
View All Result
  • Home
  • Top News
  • Entertainment
  • Technology
  • World Sport
  • Uncategorized
  • Privacy Policy
  • Website Terms of Use
  • Contact Us

© 2022 Anonymous Wire - Design & Developed by IndeedFeed Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In