LNG

Indian liquefied natural gas imports went into reverse last month and fell by more than 7 percent even as prices declined and more regasification infrastructure was put in place, while the need for imports was offset by growth in domestic gas output, including coal-bed methane.

Mountain Valley Pipeline spanning the states of Virginia and West Virginia and whose operator is Equitrans Midstream, a company currently the subject of a merger deal with LNG player EQT Corp., has formally started up to meet soaring demand and as the most politicised and delayed pipeline in North America.

Australian natural gas explorer Elixir Energy has given a positive update on expanding activities in Queensland’s onshore Bowen Basin, which supplies feed gas for LNG plants and could potentially help avert a security of supply crisis on the East Coast.

Morocco, the North African kingdom advancing plans for floating storage and regasification unit (FSRU) tenders to improve energy security, has also just acquired a UK company’s Moroccan natural gas assets and an LNG production project.