South Korean LNG shipbuilder, Daewoo Shipbuilding and Marine Engineering (DSME), said it cancelled the last of three LNG carrier orders from 2020 to serve the Yamal LNG export facility in Arctic Russia, operated by natural gas company Novatek.
Woodside Energy, the operator of two LNG export plants in Western Australia, has shipped an LNG cargo to the Dutch Gate import terminal in Rotterdam on behalf of Germany’s Uniper Global Commodities.
Free ReadEgypt’s Petroleum and Mineral Resources Minister Tareq El-Molla has said that Egypt was ready to meet more of the increased demand for natural gas in Europe as its LNG exports have increased to 8 million tonnes per annum in 2022 and the capacity is there for growth in 2023. “Efforts…
Shenzhen Energy, the Chinese natural gas and power company, said it signed a long-term LNG supply agreement with UK major BP for volumes to fuel gas-fired power plants in what is the second large contract signed by a Chinese company in November 2022.
North Asian spot cargo prices surged by over 14 percent, though failed to keep pace with the rising European Union benchmark as this week saw most leading EU LNG nations drawing on their gas storage as colder weather arrived and as shipping windows opened with falling charter rates.
Free ReadArgentina said it was prepared to follow through with a pledge to remove investment uncertainties for foreign energy companies, especially in the construction of liquefaction natural gas export plants as the South American nation moves to develop its huge shale-gas reserves. International companies including US majors see huge potential for…
NewMed Energy, the Israel company formally known as Delek Drilling, said it was considering a floating liquefied national gas plant to further develop the Leviathan gas field offshore Israel in the East Mediterranean amid other gas developments in the region.
Energy World Corp., the Australian-listed company with LNG and power projects in the Philippines and Indonesia, has launched a capital-raising operation among shareholders and is seeking loans from financial institutions to help complete its various ventures.
Russian liquefied natural gas production has risen in 2022 while overall natural gas production by Gazprom and other companies has dropped because of Russian gas cut-offs in retaliation for US and European Union-led sanctions imposed for the invasion of Ukraine.
Free ReadMozambique President Filipe Jacinto Nyusi has visited and inaugurated the “Coral-Sul FLNG” installation located in the ultra-deep waters of the Rovuma Basin that has turned his southeast African nation into an LNG exporter. The inauguration ceremony was also attended by the Minister of Mineral Resources and Energy Carlos Zacarias and…