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Norwegian energy company Statoil made its eighth discovery offshore Tanzania to underpin the proposed liquefaction natural gas project for the East African nation.
Kuwait National Petroleum Company said it would start construction of more permanent liquefied natural gas import facilities to increase the Persian Gulf nation's energy security.
Chevron Corp. has entered into an underwriting agreement for the sale of its 50 percent shareholding in Caltex Australia Ltd. (CAL), though the move does not alter…
The Port Ambrose deepwater LNG terminal to be located off the US East Coast bordering New Jersey and New York has had its regulatory review period extended because of…
A joint venture between US engineering and construction companies CB&I and Zachry Group and Japan's Chiyoda Corp. was awarded a contract worth over $2 billion to build…
The Canadian province of British Columbia has finalized all details of  its Liquefied Natural Gas Income Tax Act which it said provided clarity and confidence for the…
A US company calling itself G2 LNG and whose Chairman is named as former Louisiana Governor Charles E. Roemer III has filed applications with the US Department…
Exmar, the Belgium-based LNG shipping and project development company approved its disappointing results at a board meeting in Antwerp, and the focus is on finding employment for…
Fuelgarden LNG AS, a Norwegian company, has received a permit from the Canadian National Energy Board to export shipments from Canada.
The price of Australia’s current and future LNG production is linked to the price of crude oil, so fluctuations in the oil price will affect the terms…
The number of small-scale North American liquefied natural gas export projects is growing and one such venture, American LNG Marketing, has just been awarded a permit from…

issue march 2015

 

 

Japanese analysis sees major turning point and pricing challenges in Asia

The global LNG industry is relatively young, just celebrating its 50-year anniversary in October 2014. Thus it is quite natural for it to continue changing its shape and evolving.


LNG demand expected to tighten after 2020 and regional cargo flows will rise

World natural gas demand is expected to grow by 1.8 percent per annum through to 2035 with liquefied natural gas in demand in terms of inter-regional flows.


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


BG execs have their say on challenges such as Egypt and American projects facing CEO Lund

BG Group’s new Chief Executive Helge Lund formally started work a month ago and he has work on his hands to get the top liquefied natural gas portfolio player back on track.


Egypt awaits LNG import FSRU start-up to bring in about 70 cargoes and ease severe gas shortages

Egypt is suffering from severe natural gas supply shortages that even liquefied natural gas imports at market prices will not alleviate the problem for several years, while its planned imports of LNG could be delayed by six months until the third quarter of 2015.


Germany’s SAACKE Marine Systems offer low-emission and heat-generation plants for carriers and FLNG units

The production and transport of liquefied natural gas is becoming increasingly challenging for ship owners and operators worldwide: stricter emissions and safety requirements lead to high operating costs.