Daewoo Shipbuilding and Marine Engineering held a steel-cutting ceremony for Excelerate Energy's latest LNG regasification vessel for Brazilian LNG imports, as the US company also develops a liquefaction vessel to be deployed offshore Texas for LNG exports.
Chicago Bridge and Iron, the engineering company founded in 1889 to span US rivers, was involved in constructing bulk liquid storage way back in the late 19th century and the modern company known for its LNG storage expertise is now moving into floating liquefaction plant contracting with a vessel (pictured)…
Technip, the France-based energy engineering company, was awarded a third contract, worth about 210 million euros ($270M), by Japanese energy group Inpex Corp. for its Ichthys LNG project offshore Australia.
The Administration of President Obama has delayed the release of a third-party report on the economic impact and domestic gas market implications of US LNG exports until the end of the year because it has not been completed yet.
German chemical company BASF said it concluded a licensing agreement with the Yamal LNG project development in the Russian Arctic for its technology for the removal of carbon dioxide from natural gas before liquefaction.
South Korea, the world's second-largest LNG importer after Japan, paid over $80 per tonne more for its LNG last month compared with a year ago as deliveries increased by more than 15 percent.
The government of British Columbia and the Haisla First Nation native tribe have signed an agreement opening the way for more coastal land to be opened up for LNG export projects near Kitimat on the Pacific coast of Canada.
Japan Oil, Gas and Metals National Corp. (Jogmec), a state-run commodities and energy procurement company, will provide equity financing of $500 million to Japanese energy group Inpex to pursue a Canadian LNG export project.
The powerful Japanese Ministry of Economy, Trade and Industry (METI) will hold a ministerial-level LNG conference in Tokyo on September 19 for representatives from producing and consuming countries as Japan overhauls its energy policies.
China has been urged to build a fleet of LNG mini-carriers to shuttle portions of standard-sized imported cargoes between the coastal reception and regasification terminals as imports begin to surge.