Daily News
Countering the Panama Canal expansion operational from early 2015, the Egyptian government is evaluating plans to spend $4 billion on building a new widened shipping lane besides…
Friday, 22 August 2014
Breaking Gazprom's 100% gas supply monopoly, Litgas, the trading arm of Lietuvos Energija, has signed a 5-year LNG supply deal with Norway's Statoil at an estimated value…
The insurance risk of Arctic LNG carriers, fitted with Azipod propulsion units and worth around $400 million, may not have been properly calculated, UK-based marine insurer Marsh…
If US LNG volumes do eventually reach Europe, there is a huge capacity for Russia's Gazprom to beat them on costs of production and delivery, analysts said,…
LNG imports to Japan have reached a new record, surging 5.7% year-on-year to 7.84 million tons in July due to rising seasonal demand from utilities as the…
U.S. Energy Secretary Ernest Moniz has stressed the Department of Energy will fast-track the export license review for the Alaska LNG project. "We will treat Alaska differently.…
The parliament of Mozambique has passed an amended petroleum law that authorizes the government to create "a special regime" for LNG processing in the offshore Rovuma Basin…
Prices for LNG spot cargoes into Asia have notched up for the second straight week, recovering to just under $11/MMBtu, after buyers bid close to $12/MMBtu in…
Partners in the Papua New Guinea LNG project are in talks with customers Sinopec, Tecpco, Osaka Gas and CPC to shift from selling spot-priced cargoes to exporting…
Though start-up of the $5.2 billion Panama Canal expansion is scheduled for January, it may be difficult to accommodate 30 mtpa of LNG from the US Gulf…
China National Oil Corporation's (CNOOC) will use Qatargas' first delivered LNG cargo to commission its new regasification terminal in Hainan province in the coming days.
New Orleans-based Harvey Gulf International Marine has contracted Wärtsilä to supply a control system for shore-based LNG fuelling facility in Port Fourchon, Louisiana.
Russia's gas export monopoly Gazprom has urged the Kremlin to block changes to the gas export law that would allow Rosneft to export gas from the Pechora…
A flurry of LNG regas terminals has sprung up in China, mostly used for importing spot cargoes, but analysts see a trend towards medium-term contracts as "buyers…
Spiralling costs of over $36 billion Canadian dollars (US$ 33.1bn) to develop the Pacific Northwest LNG project have pushed Malaysia's state-run Petronas to offer stakes in the…
The average Japanese LNG import price including contract and spot supplies is expected to be around $16.00 per million British thermal units for the whole of 2014 and…
Ferus Natural Gas Fuels, the Canadian LNG provider, said it had advanced the LNG market into Canada's Yukon Territory by signing an agreement to fuel a nickel and…
The US Department of Energy will implement its new policy requiring LNG export projects to get environmental approvals before it will rule on their applications to export…
Ophir Energy of UK said it had made “significant progress” with the Floating LNG project it is developing offshore Equatorial Guinea (See graphic) in West Africa and…
The average price of spot LNG cargoes sold to Japanese buyers in July was $11.8 per million British thermal units and $13.8 per MMBtu on a delivered ex-ship…
US LNG fuel company Blu and the Intermountain Gas Co. have started up a system  to capture boil-off gas at one of the 24 fuelling stations Blu…
Dutch company Royal BAM Group has driven the first pile at the LNG carrier jetty being built as part of the import terminal being constructed for Jordan…
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