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The World Bank said the six members of the Gulf Cooperation Council, including LNG exporters Qatar, Oman and the United Arab Emirates are bouncing back to positive growth from the double blow of Covid-19 and the energy slump, showing the economic resilience of oil and gas.
Free ReadThe Italian Ministry of Economic Development has given the floating LNG terminal, the “FSRU Toscana”, permission to offer small-scale LNG services from imported volumes. The Ministry, in agreement with the Ministry of Infrastructures and Transport and the Tuscany Region, issued the decree authorizing the FSRU company, OLT Offshore LNG Toscana,…
Around 102 LNG shipments were being lifted this week versus 91 last week at global liquefaction plants as the US saw 14 cargoes departing from its facilities and the North Asia spot LNG price moved above the $6.87 mark, while US and European natural gas benchmarks hit $2.98 per MMBtu…
China National Offshore Oil Corp. (CNOOC), a large holder of Chinese LNG import capacity, raised its year-to-date domestic natural gas production to 311.3 billion cubic feet from 250.6 Bcf in the same nine-month period last year as the nation overhauls the ownership structure of its terminals and pipeline system, offering…
Free ReadChart Industries, the US LNG equipment-maker, said orders in the third quarter rose 7.4 percent from the previous three months as LNG fuel infrastructure demand filled a gap left by a pause in orders from large LNG ventures on the Gulf Coast. Third-quarter net income rose to $21.7 million compared…