The US Department of Energy has just published its latest liquefied natural gas export data with price differentials for the five largest plants showing that Cove Point in Maryland and Cameron in Texas had the highest-priced cargoes in 2020, averaging $6.39 per million thermal units and $5.88 per MMBtu respectively,…
Free ReadChart Industries, the US LNG equipment-maker and industrial gases company, has acquired another US company, Cryogenic Gas Technologies Inc., in its latest products expansion move. Chart said it paid $55 million in cash for Cryo Technologies, which will retain its operational base in Allentown, Pennsylvania. The acquisition was described by…
China may be trailing Japan in LNG imports but it remained the world’s largest natural gas importer by far when pipeline volumes are counted, well ahead of the world No. 2 gas importer Germany and No. 3 Japan as LNG suppliers also intensified their battle for Chinese LNG market share.
French LNG storage tank technology company GTT has received two approvals from classification society Bureau Veritas, one relating to ammonia in LNG as a fuel application and a second for higher design pressure in LNG fuel tanks.
Japan’s most powerful government department, the Ministry of the Economy, Trade and Industry, is considering a new liquefied natural gas stable supply framework after recent winter price spikes and demand surges for power generation led to drops in satisfactory levels of LNG available in storage.
Free ReadFluxys LNG, the operator of the Belgian import terminal in Zeebrugge, said it successfully closed an open season for additional regasification capacity and would now go ahead with installing new infrastructure “During the binding window of the open season, the full 6 million tonnes per annum, or 10.5 gigawatt hours,…
Canadian shale companies ARC Resources and Seven Generations Energy are combining in a C$2.70 billion (US$2.13Bln) deal creating a leading shale liquids and shale gas producer in Canada’s Montney region to push forward shale development and more LNG feed-gas possibilities as US shale plays face regulatory and investment hurdles.
Malaysian energy company Petronas, the world leader in floating liquefied natural gas output, said its second liquefaction hull, the “PFLNG Dua”, had entered production and confirmed that the state energy company of Thailand has debuted as an equity LNG producer.
Australian LNG exporter Santos reported a boost in reserves and resources available for two of its liquefaction plants, the Gladstone facility on Curtis Island in Queensland and Darwin LNG in the Northern Territory.
Zim Integrated Shipping Services, the Israeli shipping company listed on the New York Stock Exchange, has signed a long-term charter agreement for 10 liquefied natural gas dual-fuel container vessels being constructed in South Korea.