Daily News

Daily News (16505)

Children categories

Ten Western Canadian natural gas producers have formed a consortium to explore ways of sending their resources to market, including the possibility of planning their own LNG export project in British Columbia.
Teekay LNG Partners, the carrier fleet operator, posted a more than 14 percent increase in total cash flow from vessel operations of $150.1 million in the fourth quarter and $515.3M for all of fiscal 2018 as it forecast rising income from the company’s stake in the Bahrain LNG import project…
Santos, the Australian operator of the Gladstone liquefied natural gas plant in Queensland and a stakeholder in export plants in Darwin and Papua New Guinea, returned a solid annual net profit and boosted sales by 18 percent.
Free ReadThe Australian state of Queensland could face the partial shut-down of a third of its LNG export capacity by the middle of the 2020s due to a shortage of feed-gas supplies, together with the increasing need for diversions of natural gas to maintain domestic market security. “This would cut output…
Indian liquefied natural gas imports fell last month by 11.6 percent with cargoes arriving at a slower pace from the main suppliers in Qatar and West Africa as the nation prepared to start commissioning the first import terminal on the East Coast.
Steelhead LNG has stopped work on the Kwispaa LNG project in Sarita Bay on Vancouver Island’s west coast, casting doubt on the future of the joint venture that found little encouragement among officials and politicians in the Pacific coast province of British Columbia.
Free ReadJapanese liquefied natural gas imports dropped by 8.7 percent in January as more coal and nuclear power generation offset the need for LNG cargoes, though the cost of the LNG rose by more than 15 percent compared with a year ago. Shipments to Japan in January amounted to 7.54 million…
Noble Energy, the US exploration and production company with interests offshore the East Mediterranean and Equatorial Guinea, reported higher annual sales and said the first phase of the Leviathan project offshore Israel was on track.
Indonesia, the Asian liquefied natural gas producing country, has signed an agreement to receive LNG shipments from the Mozambique export project in the southeast African nation being developed by Anadarko Petroleum of the US.
Oil Search, the stakeholder in the Papua New Guinea liquefied natural gas plant and its expansion project, posted strong annual results with increased net profits and revenues as PNG headed for a final agreement by the end of March on building three new processing Trains.