The largest LNG carrier built in China has arrived at the Papua New Guinea LNG plant it will service for the next 25 years and will load a cargo to deliver to China Petroleum and Chemical Corp., known as Sinopec.
The Aguirre floating LNG import facility to be located offshore the US territory of Puerto Rico has received its final report from regulators saying the terminal would have only limited adverse environmental impacts and could go ahead with mitigation measures.
Sempra Energy, the US utility and liquefied natural gas terminals owner, said it signed an agreement with a subsidiary of Mexican oil and gas company Petroleos Mexicanos (Pemex) for an LNG export project on the Pacific Coast of Mexico.
Australian energy company Santos, developer of the Gladstone LNG project and a stakeholder in the Papua New Guinea LNG plant, posted an annual net loss of almost $1 billion after a previously advised one-off charge of $1.56Bln linked to the oil price plunge.
The President of the British Columbia LNG Alliance, a grouping of major oil companies and energy players planning export projects in the province, said a new federal tax structure passed by Ottawa would lead to a "robust LNG industry" in the province of BC.
Quicksilver Resources, the Texas-based exploration and production company whose Canadian subsidiary is pursuing the Discovery LNG export project on the Campbell River in British Columbia, is close to filing for Chapter 11 bankruptcy protection.
Teekay LNG, the gas shipping unit of Canada's Teekay Corp. and with 15 new carriers on order from South Korean shipyards, said that despite the current volatility in the global energy markets, the fundamentals for LNG shipping remain strong.
Origin Energy of Australia, holder of a one-third investment in the Australia Pacific LNG project in Queensland, said the first processing Train would be completed in June 2015, though "sustained production" would only be reached within the first three months.
Japanese liquefied natural gas imports rose more than 3 percent last month and so did the price in dollars at $784 per tonne compared with a year ago, even amid the oil price slump and as falling Middle East imports were offset by rising Asian deliveries.
US energy executive have taken part in a conference in San Antonio, Texas, on Mexican shale-gas and its impact on sectors such as cross-border pipelines and LNG exports and the issue of a North American energy confederation grouping the US, Mexico and Canada was also raised.