Bangladesh expects to import its first spot market LNG cargo around 15th to 20th September this year.
Air Products has been selected to provide its proprietary AP-X natural gas liquefaction process technology and equipment to Qatargas.
Free ReadUK-based energy giant BP is planning to double the size of its global LNG portfolio to 30 mill tonnes per year by 2030, according to CFO, Murray Auchincloss. This is part of the company's new low-carbon strategy, he explained. Downstream gas supplies remain a key element of BP's new strategy…
New Fortress Energy LLC (NFE) has reported an operating margin of $15.2 mill for the second quarter of this year, an increase of $17.4 mill since the first quarter.
US natural gas futures rose by almost 17% to a near three-month high on Monday.
Free ReadThe European Bank for Reconstruction and Development (EBRD) is to provide a €80 mill loan to the Natural Gas Infrastructure Company of Cyprus (ETYFA) to acquire an FSRU and to develop the related infrastructure. In addition, a €101 mill grant is being extended by the European Union under the Connecting…
UK AIM listed concern, Independent Oil and Gas plc (IOG), has awarded an engineering, procurement, construction and installation (EPCI) contract for gas production platforms to Dutch contractor, HSM Offshore BV (HSM).
Pakistan’s Directorate General Liquefied Gases, Petroleum Division of the Ministry of Energy has initiated a process to revise the LNG Policy 2011.
Free ReadAsian spot LNG prices rose to a four-month high last week mainly on the back of supply problems. For example, there was an extended shutdown of a train at Australia’s Gorgon plant following maintenance, due to damage found during an inspection. Sakhalin’s production level was also slower. However, the giant…
Origin Energy, the Australian utility and shareholder with China’s Sinopec and ConocoPhillips in the Australia-Pacific LNG plant in Queensland, said it received record cash distributions from the plant of A$1.275 billion (US$920.6M) in its fiscal year to June, up from A$974 million in the previous 12 months.