Free ReadToshiba Corp. said it was facing regulatory hold-ups in its planned off-loading of its US liquefied natural gas business in Texas to a Chinese company, including a tolling agreement for the Freeport LNG project. The Japanese conglomerate said it was facing complications as the group also attempts to restructure its…
The US Federal Energy Regulatory Commission has issued a draft environmental impact statement for the Jordan Cove LNG export project in the northwest state of Oregon and the regulator’s comments suggest serious reservations about the Canadian-led venture being able to meet the many required mitigation measures.
Mitsubishi Heavy Industries, the Japanese supplier of turbines and compressors for the liquefied natural gas industry, has signed an agreement to provide its equipment to the onshore Rovuma liquefaction plant joint venture in Mozambique in southeast Africa.
Supply volumes in the liquefied natural gas industry increased for a fifth consecutive year and were mostly driven by new production from Australia, the United States and Russia, though some existing exporters also boosted output.
Free ReadQatar Petroleum and ExxonMobil said their joint marketing company Ocean LNG, created in 2016, would be responsible for placing all of the offtake from the Golden Pass liquefaction and export plant being developed on the Gulf Coast of Texas. Ocean LNG is an international joint venture marketing company started in…
Sempra Energy, the developer of two US export projects and a third in Mexico, said it received authorizations from the US Department of Energy to export US-produced pipeline natural gas to Mexico and to re-export it as LNG to countries that do not have a free-trade agreement with the US.
Exmar, the Belgian shipping line with floating liquefied natural gas interests, including the “Tango FLNG” production hull now deployed at the Argentine port of Bahia Blanca, has recorded a pre-tax loss as its business is restructured.
Free ReadGaztransport and Technigaz, (GTT), the French storage tank technology company, said it received an order from Sembcorp Marine shipyard in Singapore concerning the tank designs of a liquefied natural gas bunkering vessel as fuel and small-scale LNG activities expand in Asia. The Sembcorp order was from the shipowner Indah Singa…
Singapore LNG spot cargo indices remained at three-year lows as prices shed between US$0.30 per million British thermal units and $US0.60 per MMBtu compared with a week ago for May and June cargoes for North Asia and elsewhere.
GasLog Ltd, the Monaco-based LNG fleet owner with 25 ships operating and nine others on order, is building up its solid customer base with prestige charter deals.