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Thursday, 22 December 2016
GasLog Ltd, the Monaco-based LNG shipping and project company, said it signed a sale and purchase agreement to acquire a 20 percent stake in Gastrade, a venture licensed to develop an offshore liquefied natural gas hub to serve northern Greece and Bulgaria.
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Thursday, 22 December 2016
French energy company Total has purchased regasification capacity from Petrobras of Brazil at the Salvador LNG import facility in the northeast Brazilian state of Bahia as part of an alliance agreement.
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Thursday, 22 December 2016
Royal Vopak, the Dutch-based international petroleum and products storage company, has signed an agreement with Exmar to acquire the Belgian shipping line’s Floating Storage and Regasification business with LNG import facilities and projects.
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Thursday, 22 December 2016
Free ReadThe Golden Pass LNG export project in Texas being developed by Qatar Petroleum with US majors ExxonMobil and ConocoPhillips as minority partners, has been authorized by the US Federal Energy Regulatory Commission. Golden Pass LNG already exists as an import terminal and will add three liquefaction Trains with a total…
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Wednesday, 21 December 2016
The number of final investment decisions for LNG projects hit the lowest level since 1999 this year with just 3.8 million tonnes per annum of capacity committed compared with an average of 23 MTPA from 2009 to 2015, meaning that the industry could be on track for a new boom after 2020,…
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Wednesday, 21 December 2016
Chinese liquefied natural gas imports increased substantially in November compared with the same month a year ago as more shipments were received from new production capacity in Australia and cargoes begin to trickle in from the US.
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Wednesday, 21 December 2016
Origin Energy, the major shareholder in the Australia Pacific LNG plant in Queensland, has signed a firm LNG supply agreement with the ENN Group, the latest for Australian volumes signed by one of the largest Chinese natural gas distribution companies.
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Wednesday, 21 December 2016
As spot liquefied natural gas prices are expected to remain at current levels in an over-supplied market, the producers believe Asia still has a large potential upside. China and India are in this frame, along with emerging LNG importing nations.
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Tuesday, 20 December 2016
French energy company Total has acquired a substantial stake in the LNG development firm, Tellurian Investments, set up by former Cheniere Energy Chief Executive Chafir Souki.
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Tuesday, 20 December 2016
Free ReadCorpus Christi LNG, the second Cheniere Energy liquefaction and export plant to add to the Houston-based company’s volumes from the Sabine Pass facility in Louisiana, is advancing well and is almost half built. Cheniere has just told the Federal Energy Regulatory Commission in a project update report that the total…
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