Enagas, the Spanish natural gas network and terminal operator, said gas demand increased last year, led by industrial and commercial consumption as the economy improved, and more than 30 cargoes are scheduled to be received in early 2019 at the main LNG import terminals in Spain.
Free ReadChina has imported another record total of LNG in 2018 as more winter natural gas supplies were brought to the northern cities such as Beijing to help reduce coal use and improve air quaity, aided by warmer seasonal temperatures that cut heating needs. Among the final shipments of 2018, carriers…
Inpex, the Japanese energy company with majority stakes in the Ichthys LNG project in Australia’s Northern Territory and the Prelude FLNG venture that has just come on stream is making progress on its Abadi onshore plant development in Indonesia.
Italian energy company Eni and US major ExxonMobil said shareholders in the Area 4 licence offshore Mozambique have secured sufficient liquefied natural gas offtake commitments to enable them to move forward to schedule a final investment decision in 2019.
Singapore LNG cargo indices declined overall with the strongest pricing being just under US$9.045 per million British thermal units for North Asian destinations in the first half of February 2019, while March cargo quotations were down to under US$8.900 per MMBtu.
The Royal Dutch Shell-led Prelude floating liquefied natural gas project offshore northwest Australia has begun production and will add 3.6 million tonnes per annum of LNG to output that will help make the nation the world’s largest producer in 2019.
Free ReadWoodside Petroleum has awarded a contract to US engineering company Bechtel to carry out front-end engineering design work for the expansion of the Pluto LNG export plant in Western Australia. Bechtel is best known in Australia for leading the engineering and construction of three coal-seam-gas-to LNG plants on Curtis Island…
Indian liquefied natural gas imports dropped by almost 18 percent, the second monthly decline after six straight months of increases, as deliveries were led by Qatar and cargoes were also supplied by African nations such as Nigeria and Angola.
BP of the UK and Kosmos Energy of the US have decided to go ahead with their multi-billion dollars of investments in developing floating liquefied natural gas projects offshore West Africa with their state partners Mauritania and Senegal.
US major ExxonMobil and its Canadian subsidiary Imperial Oil Resources have decided not to proceed with their plans for an LNG export project near the Port of Prince Rupert, where a liquefaction plant was proposed on the same scale as Royal Dutch Shell’s LNG Canada joint venture.