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Friday, 12 October 2012
Chubu Electric Power, the third-largest Japanese LNG buyer, signed two separate contracts to purchase 1 million tonnes per annum for four years from Qatargas, the world's largest producer, and a lesser amount under a 10-year contract starting in 2018.
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Friday, 12 October 2012
Delivering Central Asian natural gas volumes to China is not without challenges and the absence of an expansion of pipeline deliveries will mean additional LNG demand by the Chinese, leading to a tightening effect on the global cargo market.
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Thursday, 11 October 2012
The 2012 Gastech conference in London was completing four days of discussions that focused on an LNG industry facing surging demand from Asian nations, the build-up of production and the growth of the LNG carrier fleet from 365 to 430 vessels in the next few years.
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Thursday, 11 October 2012
Free ReadGolar LNG, the carrier operator owned by Norwegian shipping tycoon John Fredriksen, has signed an option to provide vessels for one of the first Canadian LNG liquefaction and export plants being developed on the Pacific coast near Kitimat. Golar said it entered into a 90-day Vessel Charter Option Agreement with LNG…
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Wednesday, 10 October 2012
The largest European port, Rotterdam, and the biggest port in Scandinavia, Gothenburg, have entered a new alliance to speed up the establishment of LNG as a maritime fuel.
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Wednesday, 10 October 2012
ExxonMobil is developing huge coal-seam gas acreage in Indonesia that could breathe new life into the country's LNG production complex at Bontang, delegates were told at the 2012 Gastech conference…
Wednesday, 10 October 2012
The American Bureau of Shipping, the classification society, said it granted approval in principle to a new LNG and regasification articulated tug barge concept introduced by Waller Marine Inc.
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Tuesday, 09 October 2012
South Hook Gas signed a framework agreement with Noble Clean Fuels, a unit of Noble Group, for access to spare LNG import capacity at the UK South Hook LNG import facility at Milford Haven, owned by Qatar Petroleum, ExxonMobil and France's Total.
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Tuesday, 09 October 2012
The Singapore LNG trading office of Russian natural gas giant Gazprom has signed a sale and purchase agreement with Korea Gas Corp., the world's largest corporate buyer of LNG.
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Tuesday, 09 October 2012
Asian natural gas and LNG prices are likely to drop while prices in Europe and North America will rise in the period through to 2020, the 2012 Gastech conference in London was told.
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