Liquefied natural gas played a key role in offsetting the shortages in Europe in the past year or so, though warnings continue on the high levels of geopolitical risk at a time when additional volumes are still some years away and global market supply remains tight.
Free ReadSeatrium of Singapore, the shipyard engineering company, aims to continue with its liquefied natural gas project successes with a large book of projects to work on through 2025. Seatrium has secured a series of major contracts with an aggregate value of S$350 million (US$259M), to be completed by the end…
ADNOC Gas, the energy company in Abu Dhabi in the United Arab Emirates, plans to invest $13 billion in domestic and international opportunities in the next five years and aims to more than double its LNG production capacity by 2028.
HAM Group of Spain, the developer of a growing European LNG filling station network, has inaugurated two more facilities in the Tarragona province of eastern Spain to take its network total to 142 facilities in Europe.
Trading Hub Europe GmbH, Germany’s market area manager for the nation’s natural gas system and now including deliveries to four LNG import destinations, has arranged a series of meetings in German and English to engage in discussions with market participants and present forthcoming changes in the German gas market.
Beach Energy Ltd, the Australian company involved in the Waitsia LNG export project in the onshore Perth Basin of Western Australia and in other natural gas ventures in South Australia and New Zealand, has embarked on a strategic review involving job losses and an executive overhaul.
Free ReadMidOcean Energy, the LNG assets company formed and managed by global infrastructure investor EIG, said Japanese trading house Mitsubishi Corp. had made a strategic investment. EIG is a leading institutional investor in the global energy and infrastructure sectors with around $23 billion under management and also announced on March 28…
Russian natural gas company Gazprom said flows to China on the “Power of Siberia” pipeline have resumed after scheduled maintenance, offsetting the need for higher LNG imports during the Northern Hemisphere summer season.
QatarEnergy the leading global LNG producer and with three growth projects being developed, has signed 19 more charter contracts with Asian owners from countries like China and Malaysia under Qatar’s LNG fleet expansion programme.
Global liquefied natural gas cargo prices from North Asia to the European Union continued their upward trend for a fifth week, defying the record storage levels at the end of the winter season amid market concerns about possible energy policy or geopolitical threats that could undermine sentiment in the months…