Free ReadJapanese liquefied natural gas imports dropped last month and the nation’s cargo costs fell along with lower LNG prices while thermal coal deliveries were preferred for power generation. Japan imported 6.64 million tonnes of LNG in February 2020, down 9.6 percent from the 7.35MT received in February 2019. The Japanese…
LNG Canada, the export project led by Royal Dutch Shell and four Asian partners under construction near the town of Kitimat, has cut back site work because of the coronavirus.
The Commonwealth LNG project in the US, a liquefaction and export plant proposed for the west side of the Calcasieu Ship Channel near Johnson Bayou in Louisiana, has had its revue schedule suspended by regulators to let the company catch up with the process.
Free ReadThe German Federal Maritime and Hydrographic Agency (BSH) is expected to will take delivery soon of the LNG -powered 75-metres long survey vessel “Atair”. The newbuild features propulsion and manoeuvring systems from the German Schottel Group. These included a Schottel Pump Jet type SPJ 220 (1,000 kW), one Schottel Transverse…
Centrica plc, the UK utility and energy company with a growing LNG market presence including booked volumes from the US and Mozambique, has brought in big management changes as the Chairman and Chief Executive step down.
Free ReadGlobal regasification capacity has reached a high of 824 million tonnes per annum, showing the sector is well placed for a resumption of normal trading activity in the months ahead, while more than a dozen new importing nations are planning LNG terminals for energy security and growth. The global buildout…
The US Department of Energy has just published its latest liquefied natural gas export data illustrating the price differences and proportion of spot cargoes as well as other details of shipments such as spot or contract from the six liquefaction plants in full commercial operation.
Free ReadGolar Power, an affiliate of Golar LNG, has signed an accord with the northeast Brazilian state of Pernambuco to develop an LNG import terminal linked to a power venture, its second such project in the region. Golar will also launch small-scale regional LNG distribution. The infrastructure for the facility will…
The bidding battle last year between Occidental Petroleum and Chevron Corp. for Anadarko Petroleum and its prized Mozambique LNG stake has brought a sharp change in fortunes for winner Occidental.
Saudi Aramco, the largest oil producing company, has just reported its annual earnings with net profits dropping by around 20 percent to $88.2 billion compared with $111.1Bln for the previous year as it outlined plans to spend billions on unconventional natural gas development after also planning to enter the LNG…