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Royal Vopak, the Dutch global hydrocarbon storage company and project developer, has taken an earnings hit for pulling back from Germany’s main LNG import terminal project near Hamburg, while preferring to proceed with a Hong Kong LNG terminal venture.
Free ReadTaiwan will vote in a referendum on December 18 on whether to move the nation’s third liquefied natural gas terminal, currently under construction at Taoyuan, to another location or to accept a government plan to extend the LNG carrier jetty slightly further out to sea away from a sensitive reef…
Free ReadThe US Department of Energy has revealed that US liquefied natural gas exporter Cheniere Energy has signed a firm medium-term supply deal with French utility Engie from volumes produced at the Corpus Christi plant in Texas. The DoE outlined the agreement as lasting for 11 year and amounting to between…
The National Court of Papua New Guinea has approved the final stages of a takeover process to combine PNG-based and Australia-listed energy company Oil Search with Australian LNG operator Santos in a deal worth A$8.40 billion (US$6.25 billion) and creating a major Asia-Pacific energy player.
Free ReadSouth Africa’s state-owned Central Energy Fund has issued a request for information to assess the potential for establishing the country’s first LNG import and distribution terminal at the Ngqura deepwater port in the Eastern Cape. The CEF, which is overseen by the Department of Mineral Resources and Energy (DMRE) is…
The US government reported that the increase in the nation’s liquefied natural gas exports was supported by large prices differences between the benchmark Henry Hub and spot prices in Europe and Asia and forecast a surge in shipments through March 2022.