Free ReadSouth Korea, the third-largest Asian liquefied natural gas importer, may be seeking more short-term cargoes after temporarily suspending one of its nuclear reactors on April 9 for safety reasons. A statement from Korea Hydro & Nuclear Power Co. (KHNP) said that the No. 2 reactor at the Kori Nuclear Power…
LNG importer India is expected to encourage increased domestic natural gas demand in the months ahead after the Government introduced a gas prices cap for two years to help boost the economy in sectors such as the fertilizer industry, refining and petrochemicals.
European Union liquefied natural gas prices were still solid this week and stronger than those for Asia even as the weather turned mild and Germany’s gas storage was over 64 percent filled despite only very small volumes of LNG reaching the German floating import facilities as they continued commissioning and…
Air Products, the leading industrial gases company and LNG equipment-maker, said it planned to build new gas plants and expand pipelines in the northwest Malaysian state of Penang.
Free ReadTellurian Inc. has signed an accord to sell the site of the proposed Driftwood liquefied natural gas plant in Lake Charles in Louisiana to a New York-based institutional investor. Tellurian said in a stock exchange filing that the sale and lease back deal has been the subject of a binding…
Shell Plc, Europe’s largest energy company, has issued a first-quarter 2023 earnings forecast update with higher natural gas production and “higher uptime” at the Queensland Curtis LNG and Prelude FLNG plants in Australia.
JGC Holdings Corp., which is involved in liquefied natural gas projects in nations such as Canada, Nigeria, Malaysia, Mozambique and Papua New Guinea, has become the first Japanese company using building information modeling (BIM) to receive the British Standards Institution (BSI) Kitemark certification.
Intercontinental Exchange, the leading global provider of energy trading platforms for futures and options, has issued natural gas and oil trading volumes and related statistics for March and for the first quarter of 2023 when there was a jump in derivatives for natural gas and crude oil and interest rate…
Pavilion Energy, the Singapore-based LNG market participant, shipped its first termed small-scale LNG cargo to China under an agreement signed with Zhejiang Hangjiaxin Clean Energy.
Nordic natural gas company Gasum of Finland, the region’s biggest distributor of LNG, aims to change its strategy in the next five years to concentrate operations on biogas made from waste and the electricity business.