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Wednesday, 15 May 2013
South Korea is on track to build its fifth LNG import terminal at the southern city of Boryeong after contracts were awarded to two local companies for the engineering and construction of the facility.
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Wednesday, 15 May 2013
Fluxys Belgium, owner of the Zeebrugge LNG terminal, said that despite the strong attraction exerted on LNG by the Asian market, in the first three months of the year eight LNG carriers unloaded at the Belgian facility and five others used the terminal to take on LNG for re-export.
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Wednesday, 15 May 2013
LNG Ltd., the Australian company with a US LNG export plan and a coal-seam-gas-to-LNG project in Australia, said partner PetroChina International Investments had withdrawn from the possible acquisition of Queensland CSG asset holder Westside Corp.
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Wednesday, 15 May 2013
Air Products, the US supplier of liquefaction equipment, has signed a supply agreement for the delivery of nitrogen generator sets for use on the offshore portion of the Australian Ichthys LNG project led by Japan's Inpex.
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Tuesday, 14 May 2013
US natural gas prices are expected to remain at historic lows because of shale gas flooding onto the market, though the North American shale revolution isn't likely to be repeated elsewhere, according to a report issued by Moody's Investor Services.
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Tuesday, 14 May 2013
Purchasing and contracting executives from the national energy companies of the Gulf Cooperation Council have held a meeting in Doha organized by Qatar Petroleum, the world's largest LNG producer.
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Tuesday, 14 May 2013
The LNG spot cargo tender held by Mexico shows the emergence of Latin America and South America as a growing LNG market, with the Mexicans, Argentina and Brazil set to import more than 10 million tonnes of cargoes this year at premium prices.
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Tuesday, 14 May 2013
BG Group Chief Executive Chris Finlayson was delivering a strategy update during which he would say the UK company would remain strong in exploration and LNG and be "big enough to explore the best frontier acreage but small enough to be agile."
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Tuesday, 14 May 2013
Mexico will buy 18 spot LNG cargoes from Trafigura, the global energy and commodities player, after a tender held by the country’s Federal Electricity Commission.
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Monday, 13 May 2013
The Canadian National Energy Board said some natural gas drilling in Western Canada for feed-gas for planned LNG export projects is likely being postponed since the ventures themselves are taking longer than anticipated to obtain sales commitments from Asian buyers.
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