An Australian liquefied natural gas cargo is heading to an import terminal in Mexico, reflecting the unbalanced state of regional markets hobbled by high inventories and low prices.
The Australia-Pacific LNG plant in Queensland, owned by ConocoPhillips, Australian utility Origin Energy and Chinese major Sinopec, has shipped its 500th cargo, with the destination being China.
The Impact Assessment Agency of Canada is moving forward in the regulatory process for the proposed Tilbury Phase Two LNG expansion, located on Tilbury Island near Delta in British Columbia, and the comment period closes in mid-July, while other associated LNG projects are also advancing.
Air Liquide Engineering & Construction, a unit of France's industrial gases company, has signed a new contract with LNG importer, the POSCO Group and the leading steel producer in South Korea, to design and build an Air Separation Unit (ASU) at Pohang.
Free ReadEdge LNG of the US, whose shareholders include specialist international private equity firm Blue Water Energy and Galileo Global Technologies, has been selected by Exco Resources to capture and liquefy gas from a stranded well in the Marcellus Shale in Pennsylvania. The Edge-Exco agreement will see Edge LNG deploy its…
This year is on its way to experiencing the largest recorded demand shock in the history of global natural gas markets with LNG and gas markets going through strong supply and trade adjustments, resulting in historically low spot prices and high volatility in trading.
The mystery buyer of the Magnolia LNG export project near Lake Charles in Louisiana has come out from cover after a deal with London-based Global Energy Megatrend Ltd. fell through at the last minute and it was finally bought by a Delaware-based entity.
Gazprom said an engineering, procurement and construction contract as well as supply accords had been signed as part of the Baltic LNG and chemicals complex development at Ust-Luga, west of St Petersburg.
US government forecasts expect the nation’s liquefied natural gas exports will average 5.6 billion cubic feet per day in the second quarter of 2020 and they will decline further through the end of the Northern Hemisphere summer as a result of reduced global demand.
Free ReadGaztransport and Technigaz, the French technology designer of LNG maritime and onshore storage systems, has received an order for the tanks to equip the floating storage and regasification unit to be deployed as Germany’s first LNG import terminal at the North Sea port of Wilhelmshaven. GTT’s order comes from the…