This week
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Inpex Corp, the Japanese energy company and LNG project developer, has sold 25 percent of its interest in an exploration licence offshore Malaysia to Australian LNG player…
The Cambridge Energy Floating LNG export project to be developed on the Mississippi River in Louisiana has given regulators an update on the venture, including shipping issues,…
BG Group, the UK-based global LNG portfolio player, has improved its natural gas infrastructure in Egypt with an upgraded well control system to bring new wells on…
Iranian Oil Minister Bijan Namdar Zanganeh said Iran was advancing plans to export natural gas to be partly used as feed-gas for one of two LNG liquefaction plants in the Sultanate of…
Friday, 29 August 2014
With the scheduled restart of two Korean reactors before year-end, the world's largest single LNG buyer Kogas continues to defer contracted deliveries of LNG cargoes. Up to…
Qatar National Bank anticipates the Emirate's liquefaction capacity "will continue plateauing in the medium term" due to rising domestic demand. Global markets have little room for more…
Continuing weak demand and excess tonnage are set to depress LNG shipping earnings in the near term, Drewry analysts forecast. Yet there's a silver lining further out,…
Viability of BG Group's planned LNG export project in Tanzania is boosted by higher-than-anticipated flow rates at a test well at its Mzia discovery, which reduce reservoir…
Russia's state-owned Rosneft is edging closer to taking control in the $4 billion Pechora LNG project in the Arctic Circle, which is currently owned by the Moscow-based…
Petronas' flexible LNG volume are forecast to hit 26 mtpa in 2022, up from merely 2.5 mtpa last year, so Wood Mackenzie suggest Malaysia has the potential…
Wednesday, 27 August 2014
In a bid to reduce dependence on Russian gas, parliamentarians in Berlin are backing €2 billion in untied loan guarantees to help E.ON secure LNG from Canada's…
Inspired by the shale gale, the US Department of Transport Maritime Administration (MARAD) has evaluated fuel cycle emissions of LNG and CNG-powered vessels.
As cheap US shale gas risks to flood global LNG markets, Asian buyers are hesitant to enter long-term offtake agreements from Chevron's Gorgon LNG export terminal in…

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.