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Tuesday, 17 November 2015
US tech firm Honeywell will provide the automation controls and tank gauging systems for Finland's first LNG import terminal being constructed at the port of Pori by Nordic natural gas and LNG operator Skangas.
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Tuesday, 17 November 2015
Norwegian LNG shipping company Awilco LNG has managed to reduce its losses as charter rates for modern carriers remained at around $30,000 per day, down from over $100,000 per day in 2012, as demand in Asia was low and arbitrage opportunities were limited.
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Tuesday, 17 November 2015
Koch Industries energy subsidiary Flint Hills Resources has filed for an export permit to ship liquefied natural gas in containers it plans to purchase from the existing small-scale Stabilis LNG Eagle Ford facility in Texas.
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Tuesday, 17 November 2015
A tiny Canadian Native North American tribe numbering fewer than 300 members, but which ratified the first urban First Nation peace treaty in Canada giving it land ownership near the town of Delta in urban Vancouver, is planning a liquefied natural gas plant there.
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Monday, 16 November 2015
South Korean shipyards, the largest builders of liquefied natural gas carriers, are facing falling orders for new LNG vessels as the current fleet is at more than its optimum level, while the slump in contracts for other types of ships has been even harsher.
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Monday, 16 November 2015
BG Group said its Australian LNG project and coal-seam gas subsidiary QGC plans to spend A$1.7 billion (US$1.2Bln), ahead of its takeover by Royal Dutch Shell, in further developing its feed-gas resources in the Surat Basin of Queensland.
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Monday, 16 November 2015
Australian developer LNG Ltd has received its final environmental impact statement from US regulators for its Magnolia LNG export venture in Louisiana and at the same time has agreed a final turn-key engineering and construction contract amounting to $4.35 billion for four liquefaction Trains.
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Monday, 16 November 2015
InterOil Corp., the developer of a second LNG export project for Papua New Guinea along with France's Total, said the company was making good progress with its feed-gas wells and plans key work in December on resource appraisals.
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Friday, 13 November 2015
Japanese electric power utilities imported almost 19 percent less liquefied natural gas in October compared with a year ago as heavy fuel oil and thermal coal purchases also dropped with an across-the-board seasonal decline in power demand.
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Friday, 13 November 2015
Two Swiss banks, Credit Suisse Group and Union Bank of Switzerland, have bought millions of shares in two Australian LNG industry players in the past week at bargain prices as more mergers and acquisition activity is forecast.
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