Singapore LNG cargo indices remained mostly under the $5.600 per million British thermal units mark, apart from shipments for North Asia in the second half of May as Brent crude prices were stable at around $65 per barrel.
The Dutch Gate LNG import terminal in Rotterdam, now the focus of more trans-shipment activity from Russia, has requested interested parties to book capacity in an open season process.
The Alaska Gasline Development Corp., the US state agency responsible for overseeing the Alaska LNG project, has received a major regulatory permit for its $10-billion stand-alone North Slope pipeline to supply domestic customers and feed-gas for LNG if needed.
Free ReadSantos, the shareholder in two Australian liquefied natural gas LNG export plants and in Papua New Guinea LNG, has priced a US$600 million fixed-rate bond and said the transaction was many times over-subscribed with demand from global financial institutions. The bonds have been priced at a fixed coupon of 5.25…
Indian Prime Minister Narendra Modi has inaugurated the first Indian East Coast liquefied natural gas import terminal at Kamarajar Port that recently started its commissioning process with a cargo from Qatar.
Oman is planning to increase its natural gas production for domestic use and LNG exports to such an extent that the sultanate in the Arabian peninsula will see gas output levels overtaking oil by around 2025.
Free ReadSouth Korea is seeking to reduce the operation of coal power plants because of rising levels of pollution and convert them to gas-fired plants using imported LNG shipments, though is being cautious about the timetable because of the higher fuel costs. The Korean Trade, Industry and Energy Ministry announced it…
Woodside Petroleum, the operator of North West Shelf and Pluto liquefied natural gas plants and a stakeholder in the Wheatstone facility, said it had made investments in two online LNG trading and data platforms in a move to bring greater price transparency, efficiency and compliance to markets.
The US Department of Energy has issued a long-term order authorizing the export of domestically produced liquefied natural gas by the Venture Global company, developer of two LNG export projects in Louisiana.
Free ReadArup Group, the UK-based global engineering company, has been appointed by a US LNG export project planned for Cameron Parish to advise on the installation of the region’s first modular LNG storage tanks. The Arup energy unit has been asked by Commonwealth LNG to provide specialist engineering services for the…