LNG

North Asian liquefied natural gas demand was dominated by Japan again as Chinese oil and LNG demand began to recover after lockdowns while European Union gas supply was helped by a decline in prices as summer weather arrived, though the improved picture was partially dulled by renewed Ukraine conflict concerns.

Woodfibre LNG, the mid-scale project near the town of Squamish in British Columbia, has issued a notice to proceed to US energy engineering contractor McDermott International.

Free ReadThe American Bureau of Shipping, the US maritime classification society, has granted approval for an innovative concept for floating liquefied natural gas projects to use storage tanks from older LNG carriers. The FLNG design was jointly developed by two Japanese companies, the shipping line Kawasaki Kisen Kaisha (K-LINE) and LNG…

Woodside Petroleum, the leading Western Australian LNG operator, has applied to list its shares in the form of American Depositary Shares (ADSs) on the New York Stock Exchange and plans to also list its shares on the London Stock Exchange in connection with the proposed merger with the petroleum business…