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New LNG spot pricing index on way

Broker Tullett Prebon is collaborating with the Singapore Stock Exchange (SGX) to develop a spot pricing index for the Middle East and Indian liquefied natural gas markets to enhance price discovery and risk management in the region.

Baltic Sea plant deal signed

Russia’s privately-held Peton research and engineering institute has signed a contract with Germany’s Linde to act as the licenser for a mid-scale liquefied natural gas production, storage and shipment complex to be built near the port of Vyborg on the Baltic Sea, writes Vladimir Afanasiev.

SNH plan is on track

Cameroon’s state-owned oil company SNH has reiterated that the liquefied natural gas scheme to export about 1.2 million tonnes per day of gas from a shallow-water field off Kribi remains on schedule for first shipments in September.