Singapore LNG spot cargo prices declined by around US$0.20 per million British thermal units, though managed to stay above the $4.00 per MMBtu level for southeast Asia with North Asia shipments slightly higher.
Papua New Guinea has named former Finance Minister James Marape as the nation’s new Prime Minister after a week-long crisis that has raised concerns about the timetable for the Oceania nation’s liquefaction natural gas expansion project.
The Qatari Q-Flex liquefied natural gas carrier “Al Safliyah”, the largest LNG vessel to transit the expanded Panama Canal, is scheduled to arrive in Europe on June 12 from the US Sabine Plant of Cheniere Energy to complete a triangulation trade that began in South Korea.
Free ReadTrinidad & Tobago, the Caribbean liquefied natural gas exporter from its plant at Point Fortin in Trinidad, has signed a new energy agreement with Royal Dutch Shell featuring an enhanced revenue package for the sale of LNG. The agreement followed talks at Shell’s Dutch headquarters in The Hague involving Trinidad…
The Teekay General Partners board overseeing Teekay LNG Partners and its fleet of almost 50 LNG carriers, has overhauled its board of directors to help tackle the evolving strategies in the shipping sector.
Tanzania said it expected to join the group of liquefied natural gas exporters by 2023 in a project involving companies such as Norwegian oil and gas player Equinor and Singapore-based Pavilion Energy as well as two oil majors.
When Bechtel took control of the building of three coal-seam-gas-to-LNG plants on Curtis Island in Australia in 2010 and saw all three completed by 2016, such a feat was never likely to be seen again - only for it to be repeated on a bigger scale on the US Gulf…
Free ReadHoegh LNG, the Norwegian LNG fleet owner and project developer, posted lower profits and higher revenues in the first quarter as it expects four new regasification ventures, two of them in Australia. Hoegh reported first-quarter net profits of $4.51 million compared with $13.21M in the same three months of 2018.…
Australian LNG plant operator Santos said it would embark on a battery project for the Darwin LNG plant in the Northern Territory to reduce carbon emissions by 20 percent from power generation, as well as cutting fuel-gas consumption and operating costs.
Freeport LNG, the project advancing towards first output by the end of 2019 on Quintana Island in Texas, has received approval from the US Department of Energy for the export of Train 4 volumes to Non-Free Trade Agreement countries, opening the way for marketing to start.