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Apos;There Is Hardly Any Gas apos;: LNG Price Rally Exacerbates Gas Crunch...

2021-01-08T11:01:00Z

FlorrieStrempel:

By Jessica Jaganathan SINGAPORE, Dec 17 (Reuters) - Surging spot prices for liquefied natural gas (LNG) are exacerbating a gas supply crunch in key fast-growing emerging markets in Asia just as a cold spell in other parts of the region boosts demand for the fuel. Companies from Pakistan to China have cancelled a flurry of LNG tenders this week, several trade sources said, as lofty prices risk pushing up the input costs of industries, which could make energy more expensive for consumers. Benchmark Asia spot LNG prices <LNG-AS> have soared sevenfold since May to [http://www.fin24.com/Search/News?queryString=six-year six-year] highs, driven by production losses in Australia, Malaysia, Norway and Qatar combined with accelerating use in China, India and elsewhere. "Buyers with no alternatives are now paying top-dollar for prompt cargoes in January," said Chong Zhi Xin, a director at consultancy IHS Markit. The state buyer for Pakistan - one of the fastest growing LNG markets - did not award an emergency tender seeking three cargoes for [https://www.kynghidongduong.vn/tours/tour-trung-quoc-quang-chau-tham-quyen-bang-tuong-5-ngay.html kynghidongduong.vn] delivery in January after it received high prices, according to sources. Power plants may opt to burn dirtier but cheaper fuel oil instead, the sources said, but are also facing rising prices in that market. In India, Gujarat State Petroleum Corp (GSPC) and Indian Oil Corp did not award tenders seeking cargoes for January to February delivery, trade sources said. In Bangladesh, gas shortages are already apparent. "We don't have gas for cooking until (the) afternoon during the winter season. There is hardly any gas. I can't even boil water, let alone cook food," said Sumi Akter, a mother of two in the capital, Dhaka. Bangladesh has only imported one spot cargo this winter despite issuing several tenders over the past few months, a senior energy ministry official said. "We have started importing from the spot market but the effort was not successful because of the abnormally high prices," the official added. Buyers in China, the world's second largest LNG importer after Japan, are also feeling the pinch, with one steel trader reporting a rise of around 2% in billet prices in steelmaking hub Tangshan, due to the rise of natural gas prices. Steel mills use natural gas to fuel their furnace for production. China's top buyers PetroChina and China National Offshore Oil Corp (CNOOC) did not award tenders placed on the Shanghai Petroleum and Natural Gas Exchange, while Guangzhou Gas and Guangdong Energy also recently did not award tenders, traders said. Higher prices combined with a gas supply crunch have seen operations at liquefaction plants in some areas in northern China being cut by 20% to 40%, sources added. Top LNG importer Japan's spot power prices have also surged to their highest since July 2018 as cold weather has driven demand for heating. "The LNG prices have reached a point where I don't think it's viable for some price-sensitive buyers," a Singapore-based LNG trader said. A tight shipping market has also accentuated the recent market supply pinch. "It's really the perfect storm, and the fundamentals have supported the price rally," said Robert Sims, [https://www.kynghidongduong.vn/tours/tour-trung-quoc-quang-chau-tham-quyen-bang-tuong-5-ngay.html tour quảng châu] research director at Wood Mackenzie. (Reporting by Jessica Jaganathan in Singapore, Ruma Paul in Dhaka, Gibran Naiyyar Peshimam in Islamabad, [https://www.kynghidongduong.vn/tours/tour-trung-quoc-quang-chau-tham-quyen-bang-tuong-5-ngay.html tour quảng châu] Muyu Xu in Beijing, Nidhi Verma in New Delhi and Aaron Sheldrick in Tokyo; Editing by Ana Nicolaci da Costa)

Iniesta On Target As Vissel Kobe Reach Asian Champions League Quarters

2021-01-08T02:04:49Z

FlorrieStrempel:

Andres Iniesta set Vissel Kobe on their way to victory against Shanghai SIPG Andres Iniesta and Daigo Nishi struck either side of the break as Vissel Kobe edged out Shanghai SIPG 2-0 to reach the quarter-finals of the Asian Champions League on Monday. But fellow Japanese side Yokohama F. Marinos will not be joining them in the last-eight phase after they were stunned 3-2 by South Koreans Suwon Bluewings, who bounced back from a goal down to clinch a thrilling win with two of their goals coming in the final eight minutes. Vissel Kobe flew to Doha with mixed feelings, having broken new ground in the domestic top flight by winning the Emperor's Cup and the Super Cup early in the year but also suffering five straight morale-shattering [http://www.tumblr.com/tagged/defeats defeats] in the J1 league in November. But Monday's spirited show put them just three wins short of the continental title, a possibility they would not have contemplated when they set out for [https://www.kynghidongduong.vn/tours/tour-trung-quoc-quang-chau-tham-quyen-bang-tuong-5-ngay.html tour quảng châu từ hà nội] their very first appearance in the competition. "This victory is not just for us, but for all the fans back in Japan who sent us their messages of support," said Vissel Kobe coach Atsuhiro Miura. The only concern was the possibility of Iniesta missing the next match after he had to substituted in the 65th minute with a thigh injury. Vissel Kobe lagged marginally when it came to ball possession but were more incisive with their forays keeping the Shanghai SIPG defence busy for long spells of time. - Iniesta shines - Spain and Barcelona legend Iniesta, who had scored his first goal in the tournament to help Vissel Kobe reach the round of 16 with a 3-1 win over Guangzhou Evergrande on November 25, [https://www.kynghidongduong.vn/tours/tour-trung-quoc-quang-chau-tham-quyen-bang-tuong-5-ngay.html kynghidongduong.vn] was again in his element on Monday. Playing behind lone striker Douglas, the 36-year-old produced trademark passes besides enjoying taking occasional potshots at the Shanghai SIPG goal, keeping goalkeeper Chen Wei on his toes. But Wei couldn't come to his team's rescue in the 31th minute when Iniesta pounced on a perfect pass from Hotaru Yamaguchi just outside the box and dribbled his way up before placing a low drive between three defenders, the ball streaking under the keeper's body and into the goal. Shanghai SIPG had a fine chance to draw level five minutes later from a free-kick but Oscar's shot from just outside the box went marginally wide to the left. Vissel Kobe doubled their advantage five minutes after the break, Nishi lunging forward to make contact with a Kyogo Furuhashi cross from the left and leaving Chen flummoxed. Iniesta had another dash at the goal from 35 yards in the 65th minute before he was substituted. Shanghai SIPG coach Vitor Pereira again blamed the busy schedule for his team's lacklustre showing. "It is impossible to play seven games in 21 days and keep going at the same level," he said. Suwon Bluewings meanwhile stayed on course for [https://www.kynghidongduong.vn/tours/tour-trung-quoc-quang-chau-tham-quyen-bang-tuong-5-ngay.html tour quảng châu từ hà nội] their first Champions League title since the competition was launched in its current format in 2003. Brazilian Erik gave the Marinos a 1-0 lead at the break with a 20th minute strike, but the Koreans were a different [http://www.newsweek.com/search/site/team%20altogether team altogether] after the break. They struck through Kim Tae-Hwan to draw level in the 57th minute and towards the end of play upped their tempo to go 3-1 ahead with goals from Kim Min-woo and Han Suk-jong in the final 10 minutes. A strike by Ado Onaiwu in the first minute of stoppage time added to the tension but Park Kun-ha's side held on to seal their spot in the next phase. "Yokohama's press and speed in the first half took us by storm but we grew in confidence later. I want to thank our players and the fans in Korea who stayed up late to watch the match," said Park.

Guangzhou Hotel China Offers Luxury And Hospitality At Its Best

2021-01-07T22:24:56Z

FlorrieStrempel:

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Benutzer:FlorrieStrempel

2021-01-07T22:24:18Z

FlorrieStrempel: Die Seite wurde neu angelegt: „Hello! My name is Florrie. I am pleased that I could join to the whole globe. I live in Iceland, in the south region. I dream to check out the different countr…“

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