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Tellurian Inc., developer of the Driftwood LNG export plant in Louisiana, said it advanced the sale of LNG and Driftwood partnership interests with around 35 customers and potential partners conducting due diligence and would announce the investor and buyer list by year-end.
Sempra Energy, the California-based utility and developer of the Cameron LNG plant in Louisiana, said it signed accords with Japanese and French LNG buyers for volume sales from its Costa Azul facility on the Pacific Coast of Mexico that is being transformed from an import terminal to liquefaction and an…
The cost of shipping liquefied natural gas has hit a record $200,000 a day for spot cargoes, exceeding the previous record set in 2012 of $180,000 a day, according to an investment bank report.
US natural gas production rose to an average of 86.9 billion cubic feet per day in October and despite low storage levels, the government expects strong growth in US gas output to put downward pressure on prices in 2019.
Kinder Morgan, the US pipeline company, has placed into service its Louisiana natural gas pipeline system serving the Cheniere Energy Sabine Pass LNG export plant to provide additional feed-gas volumes for the fifth liquefaction Train now being commissioned.
Three Iberian Peninsula companies have opened a liquefied natural gas fuel station at the Port of Barcelona, offering an alternative and cleaner fuel for land transport of goods around the northeast Spanish port.
Hoegh LNG Holdings, the Norwegian fleet operator, said its floating storage and regasification unit, the 170,000 cubic metres capacity “Hoegh Esperanza” had arrived at Tianjin port in northeast China and has started commissioning for FSRU import operations to serve the capital Beijing.
Abu Dhabi National Oil Company (Adnoc), the leading energy group in the United Arab Emirates, has issued a plan of action for its recently discovered 15 trillion cubic feet of natural gas and substantial additional oil reserves while preparing to award new exploration licences early in 2019.
Golar LNG Partners, the fleet owner listed on the Nasdaq global exchange, said the shipping market continued to improve in October and one of its carriers re-entered the spot market and completed multiple voyages.
Air Products, the US LNG equipment-maker and industrial gases company, has signed an agreement to acquire the General Electric gasification business, including more than 1,000 patents relating to GE gasification technology.