Free ReadThe Nordic LNG supplier, Gasum of Finland, posted a decline in annual revenues as its strategy moved the company forward in providing LNG for shipping and vehicles while withdrawing from the gas transmission business. Gasum’s revenue was down 4.2 percent year on year, totaling 1.27 billion euros ($1.37Bln) versus 1.17Bln…
Japanese liquefied natural gas imports edged lower last month and thermal coal shipments also declined as power demand dropped because of milder weather, though LNG imports still increased from Asia nations and Australia.
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 ReadThe Chinese Government said more US products, including liquefied natural gas and crude oil, have a chance to be exempted from the additional tariffs China imposed in response to the US Section 301 tariff measures. According to an official statement from the Customs Tariff Commission of the State Council starting…
Petrofac, the London-based oil and gas services company, said it was awarded two contracts, together worth around $1.65 billion with Abu Dhabi National Oil Company (Adnoc) in the United Arab Emirates.
Qatar Gas Transport Co., the Gulf nation’s shipping company, posted annual revenues of over US$1 billion as it acquired several more ships for the Gulf LNG exporting nation.
The 2020 supply-demand outlook in the Australian East Coast gas market has improved and LNG netback prices have decreased, though domestic prices remain high and there is uncertainty about future supplies, while states should encourage more exploration and production.
Free ReadNew Fortress Energy, the owner of liquefied natural gas facilities in Florida and in Jamaica and projects in Puerto Rico, has signed an agreement to supply LNG to Nicaragua and to deploy a floating import as part of a power venture. New Fortress also signed a 25-year power purchase agreement…
Japanese LNG engineering company JGC Corp. said it was moving forward with its contracts in the southeast African nation of Mozambique and with the LNG Canada joint venture.
UK-listed upstream natural gas company Sound Energy said it planned to set up a small LNG production project in the North African kingdom of Morocco from its assets there.