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Thursday, 03 March 2011
Total signed a deal with Russian energy company Novatek to become the main foreign partner in the huge Yamal LNG project planned for Northern Russia, and the French company will also become a shareholder in Novatek itself for an initial $4 billion.
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Wednesday, 02 March 2011
What makes LNG exports from the United States attractive to buyers? The simple answer is a combination of lower prices and destination flexibility.
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Wednesday, 02 March 2011
Nippon Yusen Kaisha (NYK Line), the Japanese shipping company, said it ordered a new LNG carrier from Mitsubishi Heavy Industries and chartered it out from 2014 to leading LNG buyer, Tokyo Electric Power Co.
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Tuesday, 01 March 2011
The LNG carrier market has reached a level of tightness not seen for several years, and in the LNG spot market charterers have had to secure tonnage on a round trip cost basis and are currently chartering on a rate nearly three times more than nine months ago, Golar Energy said…
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Monday, 28 February 2011
China Petrochemical Corp. (Sinopec) said it signed a heads of agreement with Australia Pacific LNG, a coal-seam-gas-to-LNG project being developed by ConocoPhillips and Origin Energy, to purchase 4.3 million tonnes per annum of LNG for 20 years.
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Monday, 28 February 2011
Mitsubishi Corp. of Japan and Korea Gas Corp. said they signed an agreement for “strategic collaboration” in their LNG businesses, especially in Canada and Australia.
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Thursday, 24 February 2011
The diversification of LNG concepts will be explored in depth at the 25th Gastech Conference & Exhibition in Amsterdam next month.
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Wednesday, 23 February 2011
Centrica, the parent company of British Gas, said it had entered into an agreement for a three-year contract with Qatargas to deliver 2.4 million tonnes per annum of LNG worth 2 billion pounds ($3.2Bln) to the Grain LNG import facility near London.
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Wednesday, 23 February 2011
Fluor Corp. said was it awarded an offshore front-end engineering and design contract by Australia’s Woodside for the $30-billion Browse LNG development.
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Wednesday, 23 February 2011
Japan’s Chiyoda said its joint venture was awarded a front-end engineering and design contract for Woodside Petroleum’s Browse LNG project in Western Australia as part of a two-sided contest that will lead to the engineering, procurement and construction work.
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