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Monday, 10 December 2012
Qatar National Bank said the Gulf state's two production companies, Qatargas and RasGas, would reduce their spot market sales by at least 40 percent by 2014, curbing supplies available for Europe.
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Monday, 10 December 2012
Gazprom Chief Executive Alexei Miller and Paolo Scaroni, his counterpart at Italian energy company Eni, have held talks at Anapa, on the Black Sea coast, covering the European natural gas market and future LNG projects.
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Monday, 10 December 2012
Canadian Prime Minister Stephen Harper announced regulatory approval of two energy industry takeovers worth $20 billion, including the purchase by Petronas of Malaysia of Progress Energy Resources of Canada for $5.5 billion to advance an LNG project.
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Friday, 07 December 2012
Shipping companies in Germany will be able to purchase LNG fuel tax-free under a new measure the government is introducing to support to new cleaner ports policy being brought into force in Europe and elsewhere in the next few years.
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Friday, 07 December 2012
Offshore LNG Toscana, Europe's most unique import facility in terms of technology and commercial shipping structure, has delayed its start-up offshore Italy until the end of the first quarter of 2013.
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Friday, 07 December 2012
Kawasaki Heavy Industries of Japan said it delivered gas turbines for Singapore's first LNG import terminal being constructed at Jurong Island and due to enter commercial operation in 2013.
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Thursday, 06 December 2012
Drewry, the London-based maritime consultants, said it was time for alternative pricing mechanisms to be devised to reflect the LNG supply-demand balance rather than being indexed to proxies like Brent Crude or Japanese Crude Cocktail.
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Thursday, 06 December 2012
The long-awaited report for the US Department of Energy on the economic impact of LNG exports has given resounding approval to such a move, and added that the more LNG cargoes sold abroad the better for the domestic economy and the economic wellbeing of Americans.
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Thursday, 06 December 2012
Chevron Corp., lead developer of the huge Gorgon LNG project offshore Western Australia, said the venture would now cost $US52Bln, which is US$15Bln more than a previous published estimate because of currency and schedule impacts, as well as logistic challenges.
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Wednesday, 05 December 2012
Free ReadItalian energy company Eni said further natural gas discoveries in the Mamba complex offshore Mozambique now take its gas in place to 75 trillion cubic feet as it plans a future LNG project similar to one being developed by Anadarko Petroleum of the US. Eni said it was adding 6…
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