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Gas Authority of India, one of the main liquefied natural gas importers for the nation and with US volumes from Cove Point in Maryland and Sabine Pass in Louisiana, recorded its highest ever annual net profit, boosted by its LNG business.
Qatar Petroleum has awarded the front-end engineering and design contract for the North Field expansion project's offshore pipelines and topsides facilities to liquefy and export an additional 33 million tonnes per annum of LNG.
The JKC Australia LNG consortium, a joint venture between Japanese companies JGC Corp. and Chiyoda Corp. and US engineer KBR Inc and who built the onshore Ichthys liquefaction and export plant at Bladin Point near Darwin, has lost a US$1.9 billion court case claim against a power station sub-contractor.
Free ReadThe US shipped a record 11 liquefied natural gas cargoes for a second week as the nation’s three facilities keep up high production while domestic consumption and pipeline exports to Mexico fell amid continued high shale-gas output in the Permian Basin where prices were negative early in the week due…
Singapore LNG spot cargo prices dropped to around three-year lows because of high volumes and plunging seasonal demand as cargoes for North Asia destinations such as China and Japan lost US$0.66 per MMBtu in a week from already depressed levels.
Free ReadRoyal Dutch Shell has started production at its huge Appomattox platform in the deepwater zone of the US Gulf of Mexico a few months ahead of schedule with a Chinese major as its partner in one of the few Gulf ventures to start in the past few years in the…
Teekay LNG Partners, the US affiliate of the tanker fleet owner and operator of almost 50 LNG vessels, said it secured charters on three LNG carriers at attractive rates and was preparing to start the floating Bahrain LNG terminal in the Gulf as it swung to a net profit from…
Free Read[free-article] Australian Industrial Energy and two Japanese partners building the first Australian liquefied natural gas import terminal at Port Kembla to bring in shipments of LNG for the state of New South Wales by 2020 have received their first firm order at oil-linked prices. AIE, part of the Minderoo investment…
Free ReadThe Port of Corpus Christi in Texas, the site of an LNG export plant owned by Cheniere Energy and other oil and gas shipment facilities, said it was set to formally launch its Ship Channel Improvement project. The Port authority said it planned a formal ceremony on May 29 attended…