Woodside, the Australian LNG plant operator, has completed the sale of a 49 percent non-operating participating interest in the second Pluto LNG train under development to Global Infrastructure Partners (GIP), one of the world’s leading specialist energy infrastructure investors.
Canadian natural gas producers have been seeking overseas markets in the form of LNG exports from a slowly growing list of liquefaction ventures, mostly in British Columbia and incentivised by differentials between North American gas and global LNG prices.
Free ReadChina Petroleum and Chemical Corp. (Sinopec) has received its first cargo of liquefied natural gas from Qatar under a 10-year supply deal signed with QatarEnergy. The LNG carrier “Al Sahla” has discharged the shipment at the Tianjin North import terminal, the one that supplies the Chinese capital Beijing with natural…
Korea Shipbuilding and Offshore Engineering Co. (KSOE) the world's biggest shipbuilder by order backlog, has secured deals to build five vessels, including LNG-powered containerships, a week after the European Commission vetoed the nation’s huge shipbuilding merger between Hyundai and Daewoo.
German Foreign Minister Annalena Baerbock will meet on Tuesday, January 18, with her Russian counterpart Sergey Lavrov where the delayed Nord Stream II project to provide more Gazprom natural gas supplies to Germany will be top of the agenda and any decisions will affect future LNG and pipeline gas demand…
The US Department of Energy has just published its latest liquefied natural gas monthly export data showing rising prices for the six plants and with China again being the top monthly destination followed by a surge of shipments to Turkey in the East Mediterranean.
Free ReadTotalEnergies has signed an agreement to sell, jointly with Inpex Corp. of Japan, interests in the offshore Angola Block 14 to the Angolan Company Somoil, though the French major stressed it would remain a key player LNG and oil and natural gas in the southwest African nation. Block 14 is…
Simpson Spence Young (SSY), the world's largest independent shipbroker established in London in 1880 and a key participant in the LNG business, has acquired Piraeus, Greece-based Anchor Shipbroking.
Liqvis GmbH, the liquefied natural gas fuel subsidiary of German utility Uniper, has signed another contract with its Dutch cryogenic systems designer to establish 16 skid-mounted public LNG fuelling stations in Germany and France.
Liftings of liquefied natural gas cargoes increased while North Asian spot futures prices slumped by between 15 percent and 30 percent for March and April deliveries as major Chinese LNG importing hubs, Tianjin and Dalian, imposed strict Covid-19 curbs while European benchmarks also dropped.