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The Finance Minister of the Canadian province of British Columbia, Michael de Jong, has left Vancouver on a mission to Malaysia to explain what is in store for the Pacific NorthWest LNG project of Malaysian energy company Petronas.
Russian natural gas producer Novatek completed the sale of an almost 10 percent stake in the Yamal LNG project in the Arctic region for $1.20 billion to a Chinese equity fund because sanctions had mostly closed off Western financing.
US floating LNG project company Excelerate Energy said its vessel “Explorer” deployed in the United Arab Emirates has been upgraded to reach a landmark send-out capacity of 1.0 billion cubic feet per day at Jebel Ali port in Dubai and can also supply bunkering services.
Kinder Morgan is seeing regulatory progress in its plans to move feed-gas from the Marcellus Shale in the US northeast to the Gulf Coast to boost supplies for LNG export projects in Louisiana and Texas.
The Metlakatla First Nation in British Columbia has signed two pipeline agreements backing plans by TransCanada Corp. and Spectra Energy of the US to build feed-gas connections to planned liquefied natural gas export plants in the province.
Ordinary Canadians in British Columbia are rallying in three towns in support of the development of liquefied natural gas projects in the face of growing opposition from the federal government in Ottawa to the hydrocarbon industry.
Gaztransport and Technigaz (GTT), the French designer of membrane containment systems for LNG maritime transportation and storage, said its training unit received its first order for simulator technology for cargo handling.
A South Korean consortium led by Hyundai Engineering and Construction Co. was awarded a contract to build Kuwait’s new onshore liquefied natural gas import terminal at Al-Zour to supplement supplies received at the port-side Regasification and Storage Unit at Mina Al-Ahmadi.
The US Jordan Cove LNG export project in the northwest state of Oregon has been blocked by the regulators because the affiliated pipeline “would bring adverse impacts to landowners and communities.”
The number of rigs drilling for natural gas and oil in the United States fell by nine to 480 in the latest published weekly figures, the lowest level since 1948 as natural gas companies that will supply the LNG export industry have decided that prices are too low for now…