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The Freeport LNG project in Texas, has put behind it a controversy caused by the Dallas office of the US Environmental Protection Agency that said there was…
Ophir Energy, the UK exploration and production company, said it made a new natural gas discovery offshore Equatorial Guinea in West Africa that will allow it to…
MAN Diesel & Turbo, the German maker of large engines for ships and power stations, said its dual-fuel propulsion will be included in four LNG carriers to…
The Australian Government's independent research and advisory body is compiling a report on natural gas markets and the "substantial changes" underway because of the development of at…
The British Columbia LNG Developers' Alliance, grouping the province's largest project developers, has petitioned the Canadian federal government in Ottawa for substantial tax breaks in the March 2015 budget.
The future installation of LNG fuel systems is being built into five petroleum product tankers ordered by American Petroleum Tankers (APT) and to be constructed at the General Dynamics…
GDF-Suez, the French LNG and energy player, said its Tractebel Engineering subsidiary has agreed to acquire the Germany-based engineers Lahmeyer amid industry consolidation because of high project…
The Japan OTC Exchange has had a quiet first few days of trading with both buy and sell orders displayed on the online trading screen, but no Non-Deliverable Contracts…
Chevron Chief Executive John Watson has explained in the Canadian energy capital, Calgary, the way forward for the Kitimat LNG project now that US peer Apache Corp. has…
Tokyo Electric Power Co., the largest Japanese importer, has signed a sale and purchases agreement with the Singapore trading office of BP of the UK for up…
The US Maritime Administration has published a study on LNG use as a marine fuel and the related infrastructure and rules and regulations required as its adoption…
Linde Group, the German LNG equipment provider and project engineer, has been awarded its biggest liquefaction contract at the Woodfibre LNG project in Canada since providing the…
The Japan OTC Exchange in Tokyo has been granted permission to begin trading from September 12 in LNG Non-Deliverable Forward Contracts to give the nation's cargo buyers…

issue july/august 2014

 

 

North American and Australian projects set to find ready takers in Asian markets

China's natural gas and LNG demand will almost double through 2019 and private companies in Australia, Canada and the US are helping to propel the LNG business forward rather than state-owned energy groups, the International Energy Agency (IEA) said in its 2014 Medium-Term Gas Market Report released in the Canadian city of Montreal.


BP Statistical Review of World Energy 2014 shows a rebound in global trade in LNG

The BP Statistical Review of World Energy 2014 said LNG's share of the global natural gas trade declined slightly to 31.4 percent as trade grew by just 1.8 percent, well below the historical average of 5.2 percent.


Australian LNG prices stay strong in 2014 ahead of new projects coming on stream

Prices for delivered LNG from Australia into the Northeast Asian market largely increased in the first part of 2014 as Japanese delivered cargoes rose from US$16.4 a gigajoule (US$15.5 per million British thermal units) to US$17.6 a gigajoule (US$16.6 per MMBtu), according to the latest official figures.


A round-up of latest events, company and industry news


US equipment maker Nikkiso Cryo outlines benefits of pumps for FLNG regas and production units

Lower capital costs, shorter on-stream time, lower coastal environment impact and flexibility are some of the reasons that led to the development of the LNG Floating Storage and Regasification Unit, (FSRU) and Floating Production Storage and Offloading (FPSO) vessels.


Westport Innovations outlines advantages of LNG as fuel for high horsepower engines

Westport is active in developing natural gas engine and mobile LNG fuel supply solutions for the high fuel-use sectors of rail, mining, marine and oil & gas and has a successful on-road business.