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Wednesday, 17 June 2015
The Yemen LNG export plant in the Gulf of Aden, closed because of the conflict in the country since mid-April 2015, will remain shut for the foreseeable future as Yemeni ports remain hazardous places for shipping, according to a new UK intelligence report.
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Wednesday, 17 June 2015
Sempra Energy, the California-based utility and liquefied natural gas asset owner and developer, is going ahead with plans to spin off its LNG business to be called Sempra Partners and to be listed separately on the New York Stock Exchange.
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Wednesday, 17 June 2015
Japanese liquefied natural gas imports plunged 11.4 percent last month as the world's largest buyer of the fuel spent 45 percent less than at the same time a year ago. The May imports dropped to 5.75 million tonnes and cost Japan 315.4 billion yen ($2.5 billion) compared with the higher…
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Tuesday, 16 June 2015
The liquefied natural gas market used to be relatively simple. There were only a few big buyers with captive end-users and there were a few sellers who viewed LNG projects as a high cost, though lucrative means of monetizing stranded gas.
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Tuesday, 16 June 2015
The two liquefied natural gas projects being developed in Texas by the US company of former Royal Dutch Shell LNG executive Katherine Eisbrenner have received additional funding ahead of taking final investment decisions.
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Tuesday, 16 June 2015
Australian LNG project developer Origin Energy will soon start significant natural gas production from its 50 percent stake in the Waitsia-1 field, described as being the largest onshore conventional gas discovery in Western Australia in the last 50 years.
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Tuesday, 16 June 2015
Clough, the Australian engineering and construction company, said its US unit was awarded a contract for the engineering and design for the fourth liquefaction Train at Freeport LNG in Texas, its second North American LNG contract award in a month.
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Monday, 15 June 2015
The Texas LNG project to be located in the Port of Brownsville and led by an independent Houston-based energy company has made significant progress in the past quarter as it heads for first cargoes by 2020.
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Monday, 15 June 2015
As oil prices appear to be levelling off, Japan's spot LNG import prices are still falling with free-on-board cargoes for June and July being traded at between $7 per million British thermal units to $8 per MMBtu.
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Monday, 15 June 2015
South Korea, the world's second‐largest liquefied natural gas importer, is experiencing an LNG slump as the weak market for cargoes is being prolonged by the power generation policy which favours coal and nuclear over natural gas.
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