-
Indonesia might not import rice until 2026, minister tells Bisnisby hellenicshippingnews… on 27 May 2025 at 9:00 pm
Indonesia might not import rice and corn until 2026, the senior minister overseeing food affairs told the Bisnis.com news website on Tuesday, citing abundant domestic supplies. Zulkifli Hasan said that the government has rice stocks approaching 3.9 million metric tons. “No more imports this year. Let alone this year, we might not import next year,” …
-
US gas exports to Mexico surge amid early heat and supply constraintsby hellenicshippingnews… on 27 May 2025 at 10:00 am
Over the past week, US natural gas pipeline exports to Mexico have averaged above 7.4 billion cubic feet per day (bcfd)—5% higher than last May’s seasonal peak and matching the all-time weekly record set in August 2024. On a year-to-date basis, exports are averaging about 0.3 bcfd (around 5%) higher than in 2024. What’s driving …
-
South Korea’s KOSPO seeks LNG cargo for July deliveryby hellenicshippingnews… on 26 May 2025 at 9:00 pm
Korea Southern Power Co (KOSPO) is seeking 3 trillion to 3.6 trillion British thermal units (TBtu), or one cargo, of liquefied natural gas (LNG) for delivery in July, according to a tender issued by the company. KOSPO is seeking the cargo on a JKM-linked basis to be delivered on July 4-5. It is to be …
-
India’s GAIL issues swap tender for two LNG cargoes, sources sayby hellenicshippingnews… on 26 May 2025 at 9:00 pm
GAIL (India) Ltd GAIL has issued a swap tender, offering two U.S.-loaded liquefied natural gas (LNG) cargoes in exchange for two deliveries to India, two industry sources said on Monday. GAIL, India’s largest gas distributor, is offering the cargoes for loading on a free-on-board (FOB) basis on August 13-15 at Cove Point, and on December …
-
Indonesia weighing options to boost US oil imports; costs, shipping period key challengesby hellenicshippingnews… on 26 May 2025 at 10:00 am
Indonesia is weighing its options of increasing US oil and gas imports, in response to the latest imposition on tariffs by Washington, with logistics, landed costs, and shipping period being critical factors in the final decision, a senior official at Pertamina (Persero) said May 22. As the country ponders its next move following US President …
-
Venezuela’s state oil firm exporting crude grade previously shipped by Chevron, data showsby hellenicshippingnews… on 26 May 2025 at 10:00 am
Venezuela’s state-owned PDVSA has begun exporting a heavy crude oil grade that had been shipped by Chevron since 2022, maritime data and documents showed, following the cancellation of cargoes to the U.S. producer amid payment uncertainty. The U.S. Treasury Department in March revoked a key license that had allowed Chevron to expand operations in four …
-
Canada’s crude oil shift to China schools Trump in unintended consequencesby hellenicshippingnews… on 25 May 2025 at 9:00 pm
If there is a law of unintended consequences, then a good example is how commodity markets are adjusting to both the realities and the perceived threats of the tariff war launched by U.S. President Donald Trump. Trump’s trade and tariff measures have forced commodity producers, traders and buyers to re-think long-established relationships, adapt to emerging …
-
Turkey’s imports of Urals oil set to rise in May, LSEG data showsby hellenicshippingnews… on 23 May 2025 at 9:00 pm
Turkey’s imports of Urals crude are set to rise in May after top Turkish refiner, Tupras, resumed importing Russian crude now that it is trading below the $60 per barrel Western price cap, LSEG data showed and two traders said. Tupras resumed buying Urals crude in April after halting purchases of Russian crude in February …
-
Pertamina expands gasoline sourcing, excludes Singapore from two H2 2025 tendersby hellenicshippingnews… on 23 May 2025 at 10:00 am
Pertamina, the biggest Indonesian state-owned gasoline importer, has broadened the geographical origin for cargoes in its latest second-half 2025 term tenders, subject to a list of approved countries, while excluding its top supplier Singapore from two of the five tenders with a total implied volume of as much as 9 million-10 million barrels/month, according to …
-
India’s Russian oil imports hit 10-month high on strong demand for ESPO crudeby hellenicshippingnews… on 22 May 2025 at 9:00 pm
India’s Russian crude oil imports will hit close to 1.8 million barrels per day in May, the highest in 10 months, ship tracking data from Kpler showed, after refiners snapped up more light grades such as ESPO Blend. The robust demand for the lighter Russian grades in the world’s third biggest oil importer and consumer …
-
India’s finished steel imports fall 11.3% in April as China, Japan shipments slowby hellenicshippingnews… on 22 May 2025 at 9:00 pm
India’s finished steel imports fell 11.3% year on year in April to 0.5 million metric tons following a decline in shipments from China and Japan, according to provisional government data reviewed by Reuters on Thursday. India, the world’s second-biggest crude steel producer, had in April imposed a 12% temporary tariff on some steel imports, locally …
-
Maintenance at Malaysia’s Bintulu complex leads to slowing loadings, exportsby hellenicshippingnews… on 22 May 2025 at 9:00 pm
Two terminals at Petronas’ Bintulu liquefied natural gas (LNG) plant in Malaysia are undergoing maintenance, a person with knowledge of the matter said on Thursday, slowing shipments from the largest LNG-exporting complex in Asia. MLNG Satu will restart on May 24, while MLNG Dua will resume operations on May 26, which will enable MLNG Tiga …
-
Bangladesh’s RPGCL seeks LNG cargo for mid-July delivery, document showsby hellenicshippingnews… on 22 May 2025 at 5:00 pm
Bangladesh’s Rupantarita Prakritik Gas has issued a tender for a cargo of liquefied natural gas for delivery on July 11-12, according to a document on its website. The tender is set to close on May 25. Source: Reuters
-
Kufpec offers LNG cargo from Australia’s Wheatstone plant for July loadingby hellenicshippingnews… on 22 May 2025 at 5:00 pm
Kuwait Foreign Petroleum Exploration Company (KUFPEC) has offered a liquefied natural gas (LNG) cargo for loading from Australia in mid-July, said two industry sources on Thursday. The cargo is offered from the Wheatstone plant in Australia for loading on July 14-17, in a tender that closes on May 22. KUFPEC, the foreign energy exploration arm …
-
India’s Russian oil imports hit 10-month high on strong demand for ESPO crudeby hellenicshippingnews… on 22 May 2025 at 10:00 am
India’s Russian crude oil imports will hit close to 1.8 million barrels per day in May, the highest in 10 months, ship tracking data from Kpler showed, after refiners snapped up more light grades such as ESPO Blend. The robust demand for the lighter Russian grades in the world’s third biggest oil importer and consumer …
-
China April soy imports from Brazil fall 22.2% vs year earlierby hellenicshippingnews… on 22 May 2025 at 10:00 am
China’s soybean imports from Brazil fell 22.2% in April from a year earlier, data showed on Tuesday, as harvest delays, logistics issues and prolonged customs clearance disrupted shipments. China imported 4.60 million metric tons of the oilseed from Brazil last month, showed data from the General Administration of Customs. April soybean arrivals from the U.S., …