Novatek Chief Executive Leonid Mikhelson said after meeting Russian President Vladimir Putin in Moscow that all three liquefaction Trains at the Arctic LNG II plant were scheduled to come on stream in a two-year time span from 2023.
Free ReadThe Australian emerging natural gas producer Warrego Energy said the appraisal campaign near the West Erregulla gas discovery in the onshore Perth Basin was continuing with initial positive reports from drilling. Warrego has already signed a deal with Alcoa of Australia, operator of one of the world's largest integrated bauxite…
H-Energy of India, whose chartered floating storage and regasification unit (FSRU) is currently deployed as the seventh LNG Indian import terminal at the West Coast port of Jaigarh in the state of Maharashtra, said the facility would be importing up to 4 million tonnes per annum by 2022 and more…
China said its natural gas production last month increased by 7 percent from the same month a year ago as its LNG and pipeline gas import needs also rose.
Japan Petroleum Exploration Co., the oil and gas operator with liquefied natural gas import terminal and Japanese pipelines assets, has agreed to cut losses and sell its stake to Malaysia’s Petronas in the Canadian North Montney shale-gas joint venture.
Free ReadSasol, the South African petrochemicals, energy and fuels company, has agreed to sell a 30 percent in the natural gas pipeline running from future LNG exporter Mozambique into South Africa. Sasol will retain a 20 percent holding and continue to operate and maintain the 865-kilometres Republic of Mozambique Pipeline Company…
Cargoes of liquefied natural gas were still the subject of high prices in North Asia and Europe as the Japan-Korea Marker for spot cargoes hit the $10 per million British thermal units mark while European benchmark LNG values increased to their highest in 2021.
Gazprom, the Russian natural gas company and pipeline and LNG exporter to Europe and Asia, has completed measures to ensure uninterrupted domestic and foreign gas deliveries with adequate underground working gas stockpiles for the end of the year when monthly supplies are expected to hit record levels.
Free ReadTeekay LNG Partners, whose gas group units own, charter or have stakes in 77 vessels, including 47 liquefied natural gas carriers and 30 liquefied petroleum gas or multi-gas vessels, reported a first-quarter net profit following a loss in the year-ago period as voyage revenues also jumped. First-quarter net income attributable…
Italian natural gas network company and LNG importer SNAM reported a more than 8 percent increase in net profits as more natural gas was used in Italy and it benefited from foreign investments in the Trans-Adriatic Pipeline bringing gas from Azerbaijan and its stake in the Abu Dhabi’s pipelines system…