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Wednesday, 27 February 2013
Awilco LNG, the Norway based carrier fleet with three vessels in operation and two on order, said fundamentals in the shipping market remained firm as it recorded its first annual profit after its start-up.
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Wednesday, 27 February 2013
Royal Dutch Shell agreed to buy the LNG assets of Spanish energy company Repsol in a transaction valued at $6.7 billion to expand its global liquefaction portfolio from Latin American and Caribbean sources by more than a third.
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Tuesday, 26 February 2013
The International Energy Agency launched a report on February 26 to demonstrate how the Asia-Pacific region's LNG and natural gas market can evolve by setting up a regional trading hub, with Singapore named as having the best prospects as a likely first venue.
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Tuesday, 26 February 2013
The Sabine Pass liquefaction plant in Louisiana will eventually generate cash flow of more than $2.5 billion per annum when it becomes the first new-wave US LNG exporter in 2015, developer Cheniere Energy told a banking conference in a break-down of the project economics.
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Tuesday, 26 February 2013
Gazprom Marketing and Trading and Levant LNG Marketing Corp. signed a firm agreement outlining the main terms giving the Russian gas giant offtake from the Tamar Floating LNG project being developed offshore Israel.
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Tuesday, 26 February 2013
The pipeline portion of the Canadian Kitimat LNG export venture involving US energy companies Chevron Corp. and Apache Corp. signed a deal with 15 native North American tribes to pay them $200 million over the life of the project to compensate for crossing their traditional lands.
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Tuesday, 26 February 2013
Kawasaki Heavy Industries, the Japanese builder of LNG carriers and other vessels, plans to become a specialist builder of LNG-fuelled ships from 2015 and could construct more optimum-sized LNG carriers to pass through the expanded Panama Canal for US exports from 2015.
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Monday, 25 February 2013
Italian energy company Eni made a new natural gas discovery within the Mamba Complex in its Area 4 licence offshore Mozambique, confirming 75 trillion cubic feet of gas in place for its joint LNG project with Anadarko Petroleum of the US and the partners of both companies.
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Monday, 25 February 2013
Chinese LNG imports rose more than 16 percent last month as additional cargoes were delivered from Qatar and Australia, according to data from China's General Administration of Customs.
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Monday, 25 February 2013
Chevron Corp. has acquired exploration rights from Beach Energy in two onshore natural gas blocks covering over 800,000 acres of shale and tight gas prospects in the Cooper Basin of central Australia as companies ramp up efforts to find feed-gas for multiple Australian LNG projects.
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