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Tuesday, 19 February 2013
Japanese LNG cargo deliveries have cost an average of more than $17.00 per million British thermal units so far in February, held high by robust crude oil prices, while spot LNG was trading at a $1.50 per MMBtu premium or more on short global supplies. Our graphic shows the recent…
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Tuesday, 19 February 2013
Union Fenosa Gas, the joint venture between Spain's Gas Natural Fenosa and Italian company Eni, contributed 256 million euros ($340M) to group results in 2012, a decrease of 7.6 from the previous year because of problems at the Damietta LNG plant in Egypt.
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Tuesday, 19 February 2013
Marubeni Corp., the Japanese trading group with one of the world's most diverse LNG portfolios comprising shipping and liquefaction plant stakes and supplies, has named an energy specialist Fumiya Kokubu as its next President and Chief Executive.
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Tuesday, 19 February 2013
The failure of the Chinese-Russian natural gas relationship is depriving both countries of a potential win-win solution to their energy and development problems, and will increase future global rivalry in the market for LNG, according to the world's leading expert on the subject.
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Monday, 18 February 2013
The Port of Rotterdam will be the first port in the world to reward LNG carriers possessing the Green Award certificate with discounts from their port dues as they deliver cargoes to the Gate LNG import terminal.
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Monday, 18 February 2013
Bharat Petroleum Corp. Ltd., the Indian explorer and refiner with a stake in the Mozambique LNG project in southeast Africa, will supply cargoes to a new import terminal planned for the state of Karnataka in southern India.
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Monday, 18 February 2013
Technip, the LNG and energy engineering company, was awarded a subsea contract by Royal Dutch Shell for two natural gas export lines that will boost feed-gas supplies for the Malaysian LNG production plant at Bintulu in Sarawak.
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Monday, 18 February 2013
US President Barack Obama will be asked at a meeting in Washington on February 22 with Japanese Prime Minister Shinzo Abe to support Japan's energy security needs, now linked to the new LNG export projects on the US Gulf coast and elsewhere.
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Monday, 18 February 2013
Laing O'Rourke said it secured a major structural engineering and civil works contract with LNG engineering specialist, Bechtel of the US, on the Wheatstone project being developed by Chevron Corp. in Western Australia.
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Friday, 15 February 2013
Italian energy company Eni said it planned to expand its Far East sales of LNG in tandem with the projected growth of cargo volumes through its huge discoveries offshore Mozambique and its stake in the Angola LNG plant.
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