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Friday, 16 December 2016
LNG industry buyers and producers share the view that the market is over-supplied now and will remain so for the immediate future. However, they also ask what will come next, given the current low level of investment in new projects.
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Friday, 16 December 2016
Nature Energy, a Danish energy company, said it had joined the Nordic Liquefaction joint venture developing an LNG production plant to supply maritime and truck fuel and scheduled to come on stream in 2018 at the port of Frederikshavn in Denmark.
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Friday, 16 December 2016
US liquefied natural gas exports continued at a steady pace in December from the liquefaction plant at Sabine Pass in Louisiana as operator Cheniere Energy planned to introduce feed-gas to the completed third processing Train for commissioning in early 2017.
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Friday, 16 December 2016
A private company in Pakistan has signed a firm charter agreement with Norwegian operator Hoegh LNG for a floating storage and regasification unit to be deployed in 2018 at Port Qasim, near Karachi, where an FSRU is already operating as an import terminal.
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Thursday, 15 December 2016
Technip, the French energy and liquefied natural gas engineering company, has received a boost as it puts the finishing touches to its merger with FMC Technologies of the US by being awarded a project management services contract for Royal Dutch Shell’s Prelude floating LNG venture for offshore northwest Australia.
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Thursday, 15 December 2016
The US government has reported its latest natural gas production and reserves numbers, showing an annual price drop of 42 percent compared with the previous year, causing operators to revise their reserves downward while production rates increased.
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Thursday, 15 December 2016
Qatari liquefied natural gas producer RasGas Co. has proposed that India concentrates on building up its LNG supplies and infrastructure as the leading edge of a clean energy policy.
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Wednesday, 14 December 2016
Skangas, the Nordic liquefied natural gas supplier and facility operator, has signed an agreement to sell volumes to the Finnish chemicals company Kemira Oy.
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Wednesday, 14 December 2016
Santos, the stakeholder in three Asia-Pacific LNG export joint ventures, said it planned to raise A$1.5 billion (US$1.12Bln) in a placement and share purchase plan after becoming the second Australian company to announce a break-up involving LNG assets to continue to weather the global slump in energy markets and reduce…
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Wednesday, 14 December 2016
Bangladesh is making progress to become a liquefied natural gas importer by early 2018 after key tests were successfully carried out proving the viability of the plan to provide a floating storage and regasification unit (FSRU) and related infrastructure to operate at Moheshkhali Island in the Bay of Bengal.
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