North Asia spot liquefied natural gas cargo prices increased while the European Union benchmark Dutch Title Transfer Facility price gained even more ground above $40 per million British thermal units as winter supply fears offset storage gains and a rise in liftings from global liquefaction plants.
Algerian energy company and LNG exporter Sonatrach is on track to make $50 billion record earnings this year and the North African nation also attended talks during the week on the 4,000-kilometre Trans-Saharan Gas Pipeline (TSGP) from Nigeria via Algeria to bring African natural gas to Europe.
Free ReadChart Industries, the US LNG equipment-maker and industrial gases technology company, said it was given full notice to proceed on its processing and equipment activities for Cheniere Energy’s Corpus Christi Stage Three LNG expansion project. The Corpus Christi expansion will consist of up to seven mid-scale Trains, each with an…
Gas Authority of India (GAIL), plans to enter the small-scale LNG production market to cater for off-grid locations and the transportation and bunkering sectors with prospects of expansion while also seeking long-term LNG import agreements.
Australian and African LNG export plants operator, US major Chevron Corp., is increasing its LNG trading role after signing cargo supply agreements with the largest US exporter Cheniere Energy and newcomer Venture Global with one plant in operation in Louisiana and three others under development in the state.
Ineos Group, the UK multinational chemicals company with ethane trading links to the US Gulf Coast, has signed an accord with Sempra Infrastructure to secure future cargoes from the planned Port Arthur LNG export project in Texas or the expansion of the existing Cameron LNG plant at Hackberry in Louisiana.
Australian company Elixir Energy, whose main asset is its 100 percent-owned Nomgon IX coal-seam gas production sharing contract in the South Gobi region of Mongolia with possibilities for LNG production for fuel or pipeline supplies for power, has updated its operational plans.
Free ReadSouth Korean shipyard Samsung Heavy Industries said it was awarded a contract worth 3.9 trillion South Korean won ($3 billion) to build 14 liquefied natural gas carriers, apparently with 12 of the ships being for Qatar’s expansion project. SHI declined to say in a regulatory filing whether the bulk of…
ExxonMobil Corp., the long-standing partner of Qatar in oil and gas and LNG, has become as expected the fourth signatory of a joint venture stake in the North Field East LNG expansion project.
Venture Global LNG, owner of the newest US export plant at Calcasieu Pass in Louisiana and with three other projects in development, has signed two long-term supply agreements with a German utility with cargo deliveries starting in 2026.