LNG

Kentz Corp. Ltd., the LNG engineering entrant, posted increased revenue and profits in its annual results, with future earnings underpinned by its participation in two Australian LNG projects.

BG Group, the leading LNG player, made its fourth natural gas discovery offshore Tanzania, increasing the possibilities for the East African nation to become a potential LNG exporter like its neighbour Mozambique.

Hoegh LNG said Indonesia's state-owned natural gas provider has changed the location of the floating storage and regasification unit it chartered from the Norwegian company as an LNG import facility.

Dunkerque LNG terminal project shareholders, French utility EDF, energy company Total and Belgian transmission network operator Fluxys, said they welcomed the plan by a GRTgaz- Fluxys joined venture to build a pipeline to Belgium, and have regasification capacity to offer to a new shareholder.