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Ophir Energy, the partner of BG Group and Singapore equity fund Temasek in the Tanzanian LNG project in East African, said it was also likely to move forward with a Floating LNG venture offshore Equatorial Guinea in West Africa.
With LNG demand having peaked in Japan a further ebbing of the nation's requirements is expected in 2014 as some nuclear plant restarts are expected by June amid more compeition from other fuels such as coal and oil.
Petrobras, the Brazilian energy company, has taken the first regasified LNG from the country's third import facility now started up in the northeast state Bahia.
BG Group has issued "force majeure" notices under its LNG agreements in Egypt and also a profits warning, reflecting the ongoing diversions of feed-gas volumes to the domestic market in excess of the existing pooling arrangements.
Japanese LNG imports last month rose 4.9 percent compared with the same month a year ago to give an annual import figure for 2013 less than the previous year, even as no nuclear power generation was available in Japan since October.
Hoegh LNG, the Norwegian carrier owner and project developer, said it received commitment letters from seven international banks for a $400 million loan to finance two Floating Storage and Regasification Units.
RasGas Co. Ltd., one of Qatar's two LNG liquefaction companies with seven Trains in production, has seen its young engineering team gain a deeper insight into the practical aspects of the LNG business when they completed a two-month Engineering and Project Management programme with leading Japanese LNG engineering firm Chiyoda…
Cheniere Energy's Sabine Pass LNG export project in Louisiana was more than 50 percent complete for Stage 1, covering the first two Trains, slightly behind schedule as the venture still heads for the commercial start-up of operations in early 2016, according to a report filed with the Federal Energy Regulatory…
Louisiana will host as many as six US LNG export projects and is happy to do so, according to an upbeat report just published about the state's natural gas market which will form the heart of America's new LNG export industry near the iconic Henry Hub.
Air Products of the US, the world leader in making cryogenic heat exchangers for the liquefaction process, has signed an agreement with an engineering and construction consortium comprising France's Technip and JGC Corp. of Japan to supply equipment for the Yamal LNG project in Arctic Russia.