JERA Co. Inc, Japan’s largest buyer of liquefied natural gas, has successfully bid in a public auction conducted by general electricity transmission and distribution companies to supply additional power to the nation for July and August, including from two reprieved gas-fired power stations built in the 1970s for regasified LNG.
Chinese liquefied natural gas imports last month dropped by more than 28 percent and the fall was partially offset by a 26 percent year-on-year increase in pipeline gas imports from nations such as Turkmenistan and Russia.
Free ReadQatarEnergy has signed up Italy’s Eni as a newcomer and the second overall equity partner for Qatar’s North Field East (NFE) expansion project for which French major TotalEnergies was the first signatory of a joint venture agreement. QatarEnergy President and Chief Executive Saad Sherida Al-Kaabi and his Eni counterpart Claudio…
Italian energy company Eni said the “Coral-Sul FLNG” production vessel offshore Mozambique has started receiving hydrocarbons from the Rovuma Basin ahead of using liquefaction capacity for annual output of 3.4 million tonne per annum.
Glencore Plc, the London-listed company whose marketing business includes Australian coal and from next year US LNG from Cheniere Energy in Houston, said it expected the marketing division to make at least $3.2 billion in the first half of 2022 after the volatility that followed Russia’s invasion of Ukraine.
European natural gas and LNG prices soared again and sent a chill through the mid-summer energy markets with elevated winter prices arriving early and similar to seven months ago while North Asia spot values jumped amid the expectation of more competition for cargoes.
The US Department of Energy published its latest LNG monthly export data with European nations solidifying their places in the top six while Sempra’s Cameron LNG plant shipped the most expensive cargoes and Venture Global’s Calcasieu Pass plant ramped up supplies to an array of countries.
Free ReadJapanese liquefied natural gas imports increased for a second successive month in May as they rose by 16.3 percent and Russian deliveries were twice as much as those from the US. Shipments of LNG to Japan amounted to 5.76 million tonnes last month, or 85 cargoes, compared with 4.95MT, or…
Equinor, the Norwegian major and the UK’s Centrica, owner of the British Gas utility, have signed a deal for the delivery of more Norwegian pipeline natural gas over the next three winters and the accord will slightly lessen the need for more LNG deliveries to UK terminals.
The Norwegian Ministry of Petroleum and Energy has issued details of the 2022 oil and natural gas exploration and production licence round for allocations in predefined areas (APA) on the Norwegian Continental Shelf and with the application deadline set for Monday 12th of September 2022.