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Ophir Energy of the UK said development activities on the Tanzanian LNG project in East Africa are progressing with the formation of an integrated project team to deliver early works and pre-front-end engineering and design.
LNG carrier fleet owner GasLog, with a current and potential fleet strength of 20 wholly-owned carriers, said the softening of short-term shipping rates in 2014 is likely to continue as newbuilt vessels are delivered at a faster pace than production projects.
GDF-Suez inaugurated an onshore storage tank for the Mejillones LNG regasification terminal in Chile, a joint venture between the French LNG player and mining company Codelco, the world's main copper producer.
Fluxys of Belgium said its Zeebrugge LNG import terminal remained an attractive asset as it hoped for Russian LNG cargo trans-shipments during winter from the future Yamal project and growing truck fuelling services to offset the relative surplus of natural gas in the European market that has seen regasification facilities in North-West…
Liquefied Natural Gas Ltd, the Australian-listed company developing a US export project called Magnolia LNG at Lake Charles in Louisiana, has named Merlin Advisors as the engineer to represent the project lenders as French bank BNP Paribas tries to arrange financing.
British Columbia Finance Minister Michael de Jong said that either the Pacific Northwest LNG project in the province, led by Malaysian energy company Petronas, or the LNG Canada venture of Royal Dutch Shell would to be the first to make a final investment decision by year-end on building a Canadian…
Chart Industries is leading the way with US peer Black & Veatch in small-scale LNG development in China and the country is multiplying its liquefaction ventures so fast that its output is now that of a major producer, even before it has exploited its significant shale-gas reserves (See map).
Inpex Corp. of Japan said its Abadi Floating LNG venture in the Arafura Sea of Indonesia being developed with Royal Dutch Shell has made significant progress, while its Ichthys LNG project centred on an onshore plant near Darwin in Australia had a 44 percent progress rate.
Excelerate Energy said regulators and the US Coast Guard were advancing in the approval process for the Aguirre Floating LNG import project for Puerto Rico and the company expects the facility in the US territory in the northeast Caribbean to be in service by the fourth quarter of 2015.
Egypt is expected to become an LNG importer by September 2014 from a Floating Storage and Regasification Unit it is intending to charter from Hoegh LNG of Norway to be deployed on the Gulf of Suez as exports have virtually ended amid a surge in domestic demand.