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Wednesday, 10 December 2014
LNG trade is expected to more than triple and this expanding trade will create new connections between producers and consumers, according to a long-range report issued by ExxonMobil.
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Wednesday, 10 December 2014
Bear Head LNG, the project to build an export project in the Canadian province of Nova Scotia, has applied to the US Department of Energy to export feed-gas by pipeline from the northeast states into Canada for liquefaction and sale to Europe and elsewhere.
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Wednesday, 10 December 2014
BG Group, the UK LNG player preparing to produce the first LNG cargoes at its Queensland Curtis LNG plant in Australia, has sold the pipeline that will transport coal-seam gas from inland to the coast for a sum of US$5 billion.
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Tuesday, 09 December 2014
Cryostar has successfully tested its 100th four-stage Boil-Off Gas Compressor, equipment used on LNG carriers, at the company's headquarters and technical facilities in Hesingue in the Alsace region of northeast France.
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Tuesday, 09 December 2014
Santos, the Australian LNG player with stakes in the Papua New Guinea LNG plant, the Darwin LNG plant in Australia and the Gladstone LNG project in Queensland, has issued a statement about its revised credit rating from US agency Standard & Poor's Ratings Services.
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Tuesday, 09 December 2014
The average price of spot LNG cargoes contracted for Japan in November fell to $14.40 per million British thermal units compared with $15.30 per MMBtu the previous month, even as the long-term contract price of the fuel was brought even lower by tumbling crude prices.
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Tuesday, 09 December 2014
Temasek, the Singapore state equity fund, has agreed to buy a 10.4 percent stake in French LNG storage tank technology company GTT from energy company Total.
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Tuesday, 09 December 2014
Germany's first new ship with an LNG-fuelled engine will sail on the route from the German mainland to the North Sea Island of Heligoland from mid-2015, carrying both passengers and cargo.
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Monday, 08 December 2014
The American Bureau of Shipping, the US classification society, has published its own guide for LNG fuel-ready vessels to support the global preparations for newbuild projects in shipyards and for future conversions to gas propulsion.
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Monday, 08 December 2014
The Canadian LNG province of British Columbia is contemplating the impact of the Pacific Northwest LNG project led by Malaysia's Petronas delaying its final investment decision for the $35-billion venture, citing among other reasons the viability of LNG projects in a world of slumping oil prices.
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