LNG

Petronet LNG, the largest Indian importer and owner of two regasification terminals on the West Coast, has named Indian Oil Corp. director of pipelines Akshay Kumar Singh as its new Chief Executive as the nation expands its LNG and natural gas pipeline infrastructure.

Foran Energy Group, the Chinese natural gas distribution company in the south of the country, has signed a framework liquefied natural gas supply agreement with US exporter Cheniere Energy, owner of the Sabine Pass plant in Louisiana and Corpus Christi facility in Texas.

Free ReadTellurian Inc., the developer of a Gulf Coast plant in Louisiana with an associated pipeline and offering partners cargoes at $3.50 per million British thermal units, said the Asian market was rebounding as its own third-quarter losses narrowed. Tellurian’s third-quarter net loss narrowed to $29.46 million from $39.60M in the…

Cheniere Energy, owner of the Sabine Pass LNG export plant in Louisiana and the Corpus Christi facility in Texas, reported a third-quarter net loss of $463 million and 33 percent lower revenues of $1.46 billion while shipping half as many cargoes as in the prior-year quarter.