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Thursday, 02 May 2013
Royal Dutch Shell first-quarter LNG sales fell more than 6 percent to 5.15 million tonnes as deliveries were affected by a "difficult security environment in Nigeria."
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Thursday, 02 May 2013
BG Group said its LNG shipping and marketing division's first-quarter total operating profit rose 3 percent to $742 million, as the benefit of lower hedging losses was partially offset by fewer deliveries, especially to Chile.
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Thursday, 02 May 2013
Petronas is starting up the first Malaysian LNG import and regasification terminal at Sungai Udang in Malacca with a cargo delivered from Nigeria after overcoming technical delays.
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Wednesday, 01 May 2013
BG Group completed more successful drilling in Block 1 offshore Tanzania as it prepares a multi-Train LNG project in the East African country.
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Wednesday, 01 May 2013
Awilco LNG, the Norwegian-based owner and operator of three second-hand LNG carriers and two newbuilds due for delivery this year, said it saw volatility in the LNG charter market for the rest of 2013 and into 2014.
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Wednesday, 01 May 2013
One of the world's first LNG Floating Storage and Regasification Units (FSRU) to be built from new will benefit from cryogenic valves produced by Bestobell Valves and just delivered to the South Korean shipyard of Daewoo Shipbuilding and Marine Engineering, following on from a major contract win last month for…
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Wednesday, 01 May 2013
Entergy Gulf States signed an agreement with Sempra Energy to advance its proposed US LNG export project in Hackberry in the state of Louisiana by supplying more power for the liquefaction process.
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Wednesday, 01 May 2013
BG Group Australia Chairman Catherine Tanna stated that anti-development activism threatened thousands of jobs and billions of dollars of investment in Australia by the LNG industry.
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Tuesday, 30 April 2013
The lights are dimming on future South Korea LNG demand. As new Asian LNG buyers emerge the Koreans believe they have reached their ceiling. The Koreans have always operated uniquely as purchasers, importing 2.5 million tonnes from Yemen LNG (right) last year, but just 780,000 tonnes from Australia.
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Tuesday, 30 April 2013
Mitsui Osk Lines, the Japanese shipping group and LNG carrier fleet operator, posted a record net loss of l78.8 billion yen ($1.8Bln) because of "market stagnation" in the overall maritime sector, with LNG being the only bright spot.
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