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Thursday, 09 July 2015
US liquefied natural gas project, equipment and processing company, Kansas-based Black and Veatch, has won a contract for an LNG receiving terminal at Ennore, located north of Chennai, in the Indian state of Tamil Nadu.
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Thursday, 09 July 2015
Canadian company Sysgaz Inc. said it was planning to build six small-scale liquefaction plants and use feed-gas from landfill sites as part of a plan to supply fuel to the LNG trucking sector in the province of Quebec.
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Thursday, 09 July 2015
The average price of spot LNG imported into Japan that arrived in June 2015 was $7.60 per million British thermal units, down $7.40 per MMBtu compared with an average price of $15.00 per MMBtu for spot cargoes paid in June 2014.
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Thursday, 09 July 2015
Ophir Energy, the developer of a Floating LNG project in Equatorial Guinea and with a stake in another in Tanzania, said it was a tough time in the commodity cycle but the UK company has a strong balance sheet and was continuing to advance with its projects.
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Wednesday, 08 July 2015
Lloyd's Register, the UK-based global classification society, has signed an agreement with the Government of Gibraltar to help in the study of plans and a safety report on LNG storage and bunkering in the British Overseas Territory.
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Wednesday, 08 July 2015
The government of the Australian state of Queensland said it was working on a plan to increase natural gas development from the wellhead to LNG export plants.
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Wednesday, 08 July 2015
A financial think-tank which claims US investment banks as followers has issued a negative report on the liquefied natural gas industry with various disaster outcomes, including one that says $283 billion of potential LNG projects are surplus to requirements, rising to $379Bln in 2035.
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Tuesday, 07 July 2015
Woodside Petroleum, the Australian LNG plant operator, awarded a front-end engineering and design contract for the Browse Floating LNG project's optimal subsea production system and for feed-gas equipment.
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Tuesday, 07 July 2015
One year ago, the bulls ruled and oil was over $110 per barrel and LNG cargoes were priced at over $18 per million British thermal units. Six months later prices fell below $50/bbl., and LNG to about $7 per MMus. With North Sea Brent recently fluctuating to under $60/bbl., analysts…
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Tuesday, 07 July 2015
A Canadian Native North American tribe has launched a court action against the Pacific North West LNG project of Malaysia's Petronas over lack of consultations even though most of its members live 125 kilometres away from the proposed liquefaction plant.
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