A naval architect who became the financial guru and right-hand man of Norwegian shipping tycoon John Fredricksen is leaving his full-time post with Fredriksen's management company to concentrate on helping his LNG interests.
Hoegh LNG, the Norwegian fleet owner and operator, has launched an initial public offering in New York of shares in a subsidiary registered in the Marshall Islands with assets comprising interests in three regasification vessels.
French LNG and engineering company Technip has lowered its 2014 earnings targets for its onshore-offshore business due to doubts about how sanctions on Russian companies could affect the Yamal LNG project being developed in Siberia.
As China seeks a bigger investment role in Canadian LNG in the province of British Columbia (See photo), the Atlantic coast province of Nova Scotia saw its third export project revealed. From East to West, Canada can now count 23 LNG projects on the drawing board.
Japanese LNG imports rose last month by almost 6 percent compared with the same month a year ago as the nation's nuclear plant shutdown continued despite two reactors recently receiving preliminary approval from regulators to restart.
Australia's LNG Ltd, the developer of the Magnolia LNG project in the US state of Louisiana, has bought a Canadian project company in the Atlantic coast province of Nova Scotia and plans to build an export plant and ship cargoes to Europe.
The Canadian LNG project development province of British Columbia has signed a trade and investment agreement with China to boost Chinese participation in its planned 16 LNG export ventures.
Project partners in North America rush to bring LNG to market before the Pacific Basin will be awash with Australian cargoes. However, scope for a second wave of projects is limited down under once the ongoing dozen projects are completed, the Economist Intelligence Units' lead energy analyst, Peter Kiernan, told…
Japan's biggest city gas supplier Tokyo Gas Co. has agreed with Mitsui & Co. to purchase 520,000 tonnes of US LNG per year from the Cameron liquefaction project for a 20-year period starting from 2020.
Gearing up to develop the $2 billion bi-directional Downeast LNG facility (3 mtpa) in Robbinston, Maine, DELNG has submitted its pre-filing request to the Federal Energy Regulatory Commission (FERC).