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US natural gas production in the Mid-Atlantic and Ohio region from the Marcellus and Utica shale basins is continuing to grow, resulting in adequate domestic supplies being available in the northern region and feed-gas been transported south for LNG plants on the Gulf Coast.
Jiangnan Shipyard Group, one of China's largest shipbuilders, said it was set to sign an agreement to construct five 15,000 TEU, or twenty-foot equivalent unit, dual-fuel container ships with LNG propulsion capabilities.
Free ReadEnagas, the Spanish natural gas network and LNG terminal owner, has entered the US energy infrastructure market by investing in Tallgrass Energy, whose assets include 11,000 kilometres of transmission pipelines. The Spanish company said the transaction is part of its strategy to invest in core business assets in growth markets…
South Korean engineering company Trans Gas Solution and its partners in a joint project have received approval in principle from the maritime classification society Korea Register for the design of a liquefied natural gas bunkering barge.
Italian Energy company Eni has sold a stake to Qatar Petroleum in an exploratory block offshore Mozambique, where several LNG projects are being developed from other blocks in the Rovuma Basin.
Gasum, the natural gas company of Finland, posted annual pre-tax profits little changed from the previous year even as the value of liquefied natural gas sales increased by 29 percent because of higher oil prices.
Free ReadMcDermott International and Baker Hughes-GE, the US energy services companies, have been awarded substantial subsea contracts by BP to develop the Greater Tortue-Ahmeyim natural gas fields that will underpin several floating LNG projects offshore Mauritania and Senegal. The initial subsea infrastructure supplied will connect the first four of 12 wells…
IGas Energy, the largest UK onshore oil and gas exploration and production company, said it had made more progress with well developments in its shale-gas activities in central England targeting the Bowland Shale that could lessen the nation’s needs for some of its LNG and pipeline imports.
Spot liquefied natural gas cargoes arrived in Japan last month costing an average of $8.30 per million British thermal units, a drop of $2.20 per MMBtu compared with the previous month.