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Tuesday, 09 April 2013
Japanese LNG CIF cargo prices are expected to ease off in the coming 12 months after rising over the last three years by 18 percent, 28.4 percent and 8.8 percent to be currently around $710 per tonne as demand has found a new level to replace nuclear power.
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Monday, 08 April 2013
Investment in shale plays in the US totaled $133.7 billion between 2008 and 2012, as part of 73 deals and joint ventures by foreign companies accounted for 20 percent of the investments, the US Energy Administration said.
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Monday, 08 April 2013
India is urging the US to give it more access to planned LNG export projects as it seeks more supplies linked to the US natural gas Henry Hub benchmark price.
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Monday, 08 April 2013
ABB was awarded a second contract on the Inpex-operated Ichthys LNG project in Australia and will be the main electrical contractor for a new semi-submersible central processing facility at the feed-gas field in the Timor Sea.
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Monday, 08 April 2013
Executives at BG Group, one of the world's leading global LNG portfolio companies, have declined cash bonus they had qualified for in the past 12 months and pledged to improve the safety record at their LNG project in Australia.
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Monday, 08 April 2013
Ebara International Corp., the US LNG equipment maker, has been awarded a contract from liquefaction plant builder, JGC Corp. of Japan, to deliver 12 cryogenic pumps and expanders for the upcoming Malaysia LNG Train 9 project.
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Friday, 05 April 2013
Petronas, the Malaysian state energy company, raised its offer for all the shares it doesn't already own in Malaysia International Shipping Corp. in a move to delist the operator of 27 LNG carriers from the stock exchange to complete its overhaul.
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Friday, 05 April 2013
Temasek Holdings, the Singapore's state-owned investment company, has set up an energy company chaired by a former Chief Executive of Malaysian energy company Petronas to focus on LNG and with initial capital of US$800 million.
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Friday, 05 April 2013
BG Group's Queensland Curtis LNG project has attacked allegations that aboriginal cultural heritage sites have been destroyed by the venture near the port of Gladstone.
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Thursday, 04 April 2013
South Korea's Samsung Heavy Industries confirmed it won a $900 million order to build four LNG carriers for the shipping unit of Nigeria LNG, Bonny Gas Transport.
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