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The Australian-run Global LNG Exchange is progressing with its plans to facilitate spot cargo sales during Singapore and London business hours whereby parties will initiate an auction, set the commercial terms, including a reserve price and select the counterparties they wish to invite.
The 155,900 cubic metres capacity “Clean Ocean” LNG carrier is in the Gulf of Mexico off the Sabine Pass liquefaction plant in Louisiana operated by Cheniere Energy, as the facility prepares to ramp-up production and exports after the recent scheduled shutdown for maintenance of the only baseload US export plant.
A Canadian LNG export project of Indonesian billionaire Sukanto Tanoto and his Pacific Oil and Gas company has given the go-ahead to US energy engineering company KBR to proceed with more front-end engineering and design work as the local First Nation native American tribe voted to approve a key technology…
Gaztransport and Technigaz, the French maritime storage tank technology company, has received an order to provide tanks for two carriers being built in South Korea for Maran Gas as the Greek shipping operator continues to increase its LNG fleet.
State-run Egypt Natural Gas Holding Co. has released tender documents to secure almost 100 LNG shipments in 2017-2018 to meet rising demand before offshore pipeline supplies come on stream from the world-class Zohr natural gas field.
Japanese liquefied natural gas imports dropped last month as the nation imported more thermal coal for power generation and took additional LNG shipments from Australia and Russia and fewer from the Middle East.
Exmar, the Belgian shipping line and LNG fleet owner, said it was still currently discussing several deployment opportunities for the floating LNG production vessel that has just undergone extensive testing at the Chinese shipyard where it was built.
Singapore said it was moving ahead with the promotion of liquefied natural gas to supplement pipeline gas and as a fuel specially directed at marine as the city state and port strives to become a regional LNG hub.
Australian energy company Santos said its liquefied natural gas sales volumes more than doubled to 755,500 tonnes, reflecting the ramp-up of the Gladstone LNG plant in Queensland and a strong performance from Papua New Guinea LNG.
Chinese liquefied natural gas imports almost doubled in September as supplies expanded and flowed wider in Asia from new liquefaction and export volumes in Australia.