Air Products, the US maker of LNG processing equipment and a leading industrial gases provider and plant developer, said it would invest $250 million in a project in Jiangsu Province in China as part of its gasification growth strategy and would also boost its Chinese merchant supply capability.
Qatar Petroleum said its decision to self-finance the North Field natural gas and Ras Laffan LNG expansion, to tender for contractors and drill appraisal wells before offering partnerships was part of its strategy to show the value of its assets.
South Korea said the nation’s shipbuilders are maintaining their competitive edge over China and Japan in orders so far this year for high-value ships such as liquefied natural gas carriers and very large crude carriers as the merger of Hyundai Heavy Industries and Daewoo Shipbuilding and Marine Engineering remains on…
Free ReadIndian liquefied natural gas terminal developer H-Energy and Kakinada Seaports signed an agreement for an LNG regasification and reloading terminal to be sited at Kakinada port in Andhra Pradesh, which would be only the second such facility on the East Coast of India. Kakinada Seaports controls the concession for the…
The Royal Dutch Shell-operated Prelude floating liquefied natural production hull offshore northwest Australia has already shipped more than six cargoes and will enable the Australians in 2020 to retain their No. 1 spot in the global LNG production table ahead of Qatar with 80 million tonnes per annum of output.
Lake Charles LNG, the export project being pursued by pipeline and midstream company Energy Transfer and Royal Dutch Shell, has filed with regulators for an extension to mid-December 2025 for the venture to be completed and a final decision to go-ahead is expected by year-end.
Free ReadNew Fortress Energy has closed its first issuance of a fully committed $180 million bond facility through a subsidiary to pursue its growing liquefied natural gas and power activities in the Caribbean region. New Fortress, the owner of LNG facilities in Florida and in Jamaica, said its NFE South Power…
Kinder Morgan, the US pipeline and terminals company, evacuated its Elba Island LNG export plant near Savannah in Georgia and its ongoing commissioning activities as Hurricane Dorian moved along the East Coast.
Singapore LNG spot cargo prices dropped half a percentage point on the week from already low levels with only Asian and Middle East cargoes for delivery in the second half of November maintaining values over US$5.000 per million British thermal units amid ample supplies.
Free ReadThe liquefied natural gas fuel filling station network in the Nordic countries is growing with Finnish energy company Gasum opening its third station in Sweden and with plans to enter the road transport fuel market in Norway. Gasum said the new Swedish station offers LNG and liquefied biogas for heavy-duty…