* South Korea’s KOGAS defers cargoes to H2 2020-sources * Japan inventory still high amid slow demand-source * Ample supply continue to flood spot market-sources SINGAPORE, June 12 (Reuters) - Asian spot liquefied natural gas (LNG) prices remained steady this week, but were still hovering near record lows in response to oversupply and high inventories in the region, several trade sources said. The average LNG price for July delivery into northeast Asia LNG-AS was estimated to be about $2.10...

SINGAPORE (Reuters) - Millions of dollars of oil stored in tanks and ships in Asia and Europe has become caught in a web of lawsuits related to trade and financing deals by Singapore’s Hin Leong Trading (Pte) Ltd, according to court documents and shipping data. A report filed this week in Singapore’s High Court and reviewed by Reuters found Hin Leong obtained financing from various banks for cargoes of oil which did not exist, complicating the competing claims of ownership. The oil...

* Bahri issued EOI last year to charter up to 12 LNG tankers * Move on hold after Sempra’s decision to delay Port Arthur (Adds detail) SINGAPORE, May 21 (Reuters) - Saudi Aramco’s shipping division Bahri has put on hold plans to charter up to 12 liquefied natural gas (LNG) tankers after Sempra Energy delayed its decision on whether to proceed with an LNG export project in Texas, two sources said. Bahri issued an expression of interest (EOI) last year to charter the vessels from 2025 in Saudi...

* About 1.5 mln-1.64 mln tonnes exported in May vs April’s 1.9 mln * Petronas has cut exports of spot cargoes -sources * Low gas prices pressure producers globally to cut output SINGAPORE, May 28 (Reuters) - Malaysia’s exports of liquefied natural gas (LNG) are set to drop to their lowest since mid-2018 as producers globally are pressured to cut production amid record low spot prices of the super-chilled fuel, trade and shipping sources said. Lockdowns to slow the coronavirus pandemic are...

SINGAPORE (Reuters) - Asian spot liquefied natural gas (LNG) prices fell this week amid a weak European gas market and ample global supply, trade sources said. The average LNG price for July delivery into northeast Asia fell to an estimated $1.85 per million British thermal units (mmBtu), down 7 cents from the previous week, traders said. Several cargoes were offered in the spot market this week, dragging down prices in Asia, they added. Russia’s Sakhalin 2 plant had offered a cargo for July...