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Golar LNG Ltd, which still has 25 owned or operated vessels in its fleet, reported a profit in a hectic first quarter that saw the departure of its Chief Executive Iain Ross, the sale of US unit Golar LNG Partners to New Fortress Energy, along with Golar’s half share in…
Free ReadFluxys of Belgium plans to install four additional LNG truck-loading bays at the Zeebrugge import terminal as LNG demand continues to grow as a fuel replacement for diesel in northwest Europe and all around the European Union. Zeebrugge has been in operation since 1987 and has five tanks with 566,000…
The UK, the second-largest LNG importer in Europe and with an average of around 45 percent of gas-fired usage for power, has hosted its first emissions auction organised by the Intercontinental Exchange, the leading operator of global energy derivative exchanges and clearing houses.
Free ReadChart Industries, the US industrial gases company and LNG equipment supplier for liquefaction and storage, has completed a minority investment in German clean-energy firm Cryomotive GmbH. Chart said its investment amounted to €6.5 million ($7.9M) and offers a contribution to develop Cryomotive’s storage and refuelling technology. “Cryomotive is a leading…
Thailand’s energy exploration and production company PTTEP, a shareholder in Mozambique LNG, has announced a second successive natural gas discovery at a field in Malaysian waters offshore Sarawak as the nation also aims to expand LNG imports because of growing power and industrial demand.
Japan, the world's No. 1 liquefied natural gas importer, has stopped releasing monthly spot LNG prices contracted for or delivered to Japan that had been in force for seven years under the powerful Ministry of Economy, Trade and Industry (METI) and after being brought in to monitor price surges.
The US Department of Energy has just published its latest liquefied natural gas export data with the average overall price for the six plants declining to just over $6.00 per million British thermal units, though shipments were delivered to a total of 27 nations in the reporting month.