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Friday, 22 February 2013
New England natural gas consumption from the Canaport LNG import terminal in New Brunswick and the Everett LNG terminal send-out in Massachusetts was less than half of levels last winter, signaling the further decline of regasified LNG as part of the pipeline supply chain for US domestic consumption.
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Friday, 22 February 2013
The Japanese consortium involved in the planned Vladivostok LNG project with Gazprom have finalized participation terms for a liquefaction plant on the Russian Pacific coast that will cost at least $15 billion in first-phase development, officials said.
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Thursday, 21 February 2013
Teekay LNG Partners, the unit of Canada's Teekay Corp. with 27 carriers in its LNG fleet, posted a surge in revenues in a buoyant market and expects attractive charters for two newbuilds as it bids on various shipping and regasification projects.
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Thursday, 21 February 2013
WorleyParsons, the leading Australian LNG engineering company, has boosted its skills base by acquiring Norway's Bergen Group Rosenberg and 650 staff working in the engineering, fabrication and construction sector.
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Thursday, 21 February 2013
Technip, the LNG and energy engineering company, forecast robust and growing LNG and subsea markets, as annual operating income jumped 17 percent and it strengthened its position in new areas such as Floating LNG.
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Thursday, 21 February 2013
Australia Pacific LNG, the coal-seam-gas-to LNG venture involving ConocoPhillips, Sinopec and Origin Energy, has become the latest Australian project to announce a cost overrun.
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Wednesday, 20 February 2013
Anadarko Petroleum said the first two liquefaction Trains at the Mozambique LNG project would cost up to $10 billion to construct and each would have 5 million tonnes per annum of capacity.
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Wednesday, 20 February 2013
South-East Asian nations including Indonesia, Thailand, Malaysia and Singapore will increase their LNG appetite and account for significant regional market growth at the same time as India may be slower than originally forecast to scale up its demand.
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Wednesday, 20 February 2013
Siemens Energy of Germany was awarded a contract for supplying turbo-compressors and mechanical-drive gas turbines for a project to improve output at the Malaysian onshore LNG production complex at Bintulu in Sarawak.
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Wednesday, 20 February 2013
Petronas is making fast strides with its Pacific Northwest LNG project in Canada as regulators prepare to decide on the future environmental assessment process for the Malaysian energy company's project to export cargoes from feed-gas sourced in the North Montney shale of British Columbia.
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