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The International Group of LNG Importers, involving 83 companies, has held a meeting in the Japanese city of Fukuoka and issued a statement on the future role of LNG as a clean and flexible solution for a responsible energy future.
Italian energy company Eni signed an agreement for the sale of a 20 percent interest to Mubadala Petroleum from Eni’s share in the Nour North Sinai Offshore block after Mubadala had previously invested in the Zohr field that enabled the Egyptians to re-start LNG exports.
Saudi Aramco, the Saudi Arabian oil producer and one of the world’s largest companies by revenue, and Abu Dhabi National Oil Company have signed a framework agreement to explore opportunities for cooperation in the natural gas and liquefied natural gas sectors between Saudi Arabia and the United Arab Emirates.
French energy major Total has been awarded a 40 percent concession by the Abu Dhabi National Oil Company, owner of the Das Island LNG export plant and other assets, in the Ruwais Diyab unconventional gas basin which Total says has the potential to be a high impact play ranking alongside…
The UK will hold a unique online auction of an almost complete gas-fired power station that was originally built as an energy-from-waste project on Seal Sands on the River Tees  in northeast England.
German energy utility RWE has signed a cooperation accord with Tokyo Gas of Japan on procurement of liquefied natural gas as well as trading and shipping activities.
China is expected to receive more LNG this winter than last, while the Chinese and the market participants are better prepared this time around. One difference is that two long-term contracts have been signed by PetroChina, one with Qatargas and another with Cheniere Energy.
Japanese spot LNG cargo prices edged up last month on a contracted basis to $10.70 per million British thermal units as winter demand gathered pace in North Asia, where prices are now an average $2.50 per MMBtu higher than a year ago.
US LNG exports were steady last week with five carriers departing from the Sabine Pass facility in Louisiana and one vessel from Cove Point compared with a total of seven the previous week as natural gas spot prices rose on higher export and power demand when production is also rising…