Global Oil & Gas: Japan’s spot LNG contract price continues to climb

  Japanese buyers paid an average price of $9 per MMBtu for liquefied natural gas (LNG) spot cargoes that were contracted in November, the highest price in nearly three years.

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Mozambique Oil & Gas: “Our location is strategic for markets in Asia” – Minister Klemens

“Our location is strategic for markets in Asia Pacific and Atlantic and for opportunities in the Middle East and India. We have been identified as a new emerging global focus for the supply of LNG. Mozambican gas is of excellent quality, which gives it a competitive advantage in terms of cost,” Minister of Mineral Resources and Energy, Leticia Klemens, said.

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Global Markets: Japan’s Tokyo Gas Pushes to Revise LNG Supply Contracts

Japan‘s Tokyo Gas, the biggest city-gas supplier in the world’s largest importer of liquefied natural gas (LNG), is in talks to renew supply contracts and will push to revise terms to get more flexibility and cut prices, a senior official said on Thursday.

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Mozambique Coal Logistics: Nacala coal terminal to operate in full speed yet this month

The coal terminal at the port of Nacala-a-Velha, in Mozambique’s Nampula province, will officially start operating on Friday, marking a new phase in the process of transportation and export of coal mined in Moatize, Tete province, the northern logistics corridor company CLN.

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