Cargo liftings of liquefied natural gas are maintaining their momentum through the week to April 11 and spot cargo prices for North Asia increased for June and July compared with last week while European gas values were flat.
Free ReadJapanese spot LNG prices for delivered cargoes in March dropped substantially from the previous month and the contracted prices almost halved, as well as being well down year on year. Japanese spot LNG prices for delivered cargoes in March 2021 came to $9.30 per million British thermal units compared with…
The amount of feed-gas flowing to US liquefied natural gas export plants is expected to decline over the next two months as scheduled maintenance programmes begin at export facilities in Louisiana and Texas.
Stolt-Nielsen, the London-headquartered Norwegian company with terminal, shipping and Avenir LNG project interests, reported stable first-quarter earnings amid US disruptions and said the LNG import terminal on the Italian island of Sardinia would come on line in May.
Angola, the southwest African LNG producer, has found a willing exploration and production partner in Italian energy company Eni, which has plans to invest around $7 billion in Angola over the next four years along with other partner companies.
Air Products, the US provider of LNG equipment with new liquefaction contracts for Qatar, Mozambique and Mexico, has opened a new hydrogen fueling station at its industrial gases facility in Ulsan City in South Korea.
Free ReadConnect LNG, the Norwegian technology provider of jettyless solutions for marine loading and bunkering, has re-branded itself as ECONNECT Energy to reflect a broader focus on clean energy transfer solutions. “The new focus aims to make clean energy accessible globally to realise solutions for not just LNG, but also renewable…
Royal Dutch Shell, one of the largest LNG and natural gas upstream players, has updated its expectations for first-quarter earnings, including the negative impact of the Texas freeze-up and the effects of spot LNG price volatility and other factors.
French LNG storage tank designer GTT has obtained approval from the France-based maritime classification society Bureau Veritas related to the use of a digital solution for sloshing activity assessments in the tanks of LNG carriers.
The US expects that the consumption of domestic natural gas will average 82.9 billion cubic feet per day in 2021, lower than in the previous year as prices rise, while US monthly LNG exports are reaching levels to be just short of shipment totals from the largest global suppliers Australia…