Reserves of natural gas in the United States decreased by 1.9 percent, the first annual decline in the country since 2015, though they remained at their second-highest level ever and three states Ohio, Pennsylvania and Louisiana boosted their proved gas resources.
UK natural gas prices hit a record level as system operator National Grid issued warnings on supply deficits and more coal-fired power was required in the absence of LNG shipments mostly drawn to North Asia by higher spot prices.
The German Association of Gas Transmission System Operators (FNB Gas), which groups a dozen companies overseeing 40,000 kilometres of natural gas pipeline and other infrastructure, has launched its annual survey of development plans for gas, storage and LNG and for a second year including hydrogen and green gases.
Free ReadMcDermott International, the US energy engineering company, has completed the Krishna Godavari Basin D6 block's Cluster field subsea gas development offshore the East Coast of India to meet rising domestic gas demand along with LNG imports. McDermott said it achieved pre-commissioning and ready for start-up status for Indian company Reliance…
Australian engineering company Clough was awarded the contract for the second stage of development of the Waitsia natural gas field in onshore the Perth Basin of Western Australia and a future source of LNG exports.
Taiwan has just received its first shipment from an expected annual total of 30 cargoes from US exporter Cheniere Energy under a long-term deal signed with the Houston, Texas-based firm in 2018 and starting in 2021.
Free ReadThe US Department of Energy has removed the requirement for long-term LNG export authorization holders to seek separate short-term permits to export volumes, boosting the flexibility of US companies in the spot cargo market. By consolidating this authority in a single authorization without any increase in total approved export volumes,…
LNG Canada, the largest current global liquefaction and export joint venture under construction, is aiming to get back on schedule for a 2025 commercial start-up after work interruptions caused by the Covid-19 pandemic at the site near the town of Kitimat on the Pacific Coast of British Columbia.
North Asian spot liquefied natural gas cargo prices soared to over $20 per million British thermal units amid colder weather in China and Japan as 111 shipments were lifted this week from plants in the Pacific and Atlantic Basins as well as the Arab Gulf region and were pointing at…
TechnipFMC, the Franco-US energy engineering business, has re-started the process of spinning off Technip Energies, one of the world’s leading LNG project engineers, and has already put several financial transactions in place to complete the operation in the next couple of months.