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Royal Dutch Shell said first-year liquefied natural gas sales rose 15 percent to 36.55 million tonnes as its Integrated Gas division benefited from higher gas and LNG prices, while earnings were also helped by higher output at the Gorgon plant in Western Australia
TechnipFMC, the Franco-US energy and LNG engineering company, has posted falling second-quarter revenues and net income compared with last year in weak results that were offset by a high level of new orders.
The 4.3-billion Rover Pipeline, among the largest US natural gas expansions under development and designed to deliver Marcellus and Utica shale gas to LNG ventures on the Gulf Coast and markets in the Midwest, has accused the Ohio Environmental Protection Agency of attempting to delay the project’s completion.
Russian natural gas giant Gazprom, the largest supplier to the European Union, is also making progress in its efforts to provide China with pipeline volumes to supplement its growing LNG imports with the key Russian-Chinese link now more than 90 percent complete.
US Energy Secretary Rick Perry will tour the Cove Point LNG export plant in Maryland on July 26 and take part in a ribbon-cutting ceremony to mark the successful start of operations for the nation’s second liquefaction facility.
The US Government has issued a report focusing on how different drivers of macroeconomic growth may affect international energy markets in three heavily populated and high economic growth regions of the world, China, India and continent of Africa.
LNG Ltd, the Australian-listed developer of the Bear Head LNG export project in the Canadian Atlantic province of Nova Scotia, has signed labor agreements to ensure the availability of a skilled workforce at the Strait of Canso site.
LNG importer Argentina will advance its plans to halt shipments within a couple of years as it expects development of its own resources in the Vaca Muerta shale-gas region will lead to the restart of pipeline gas exports to Chile as early as October.
Mexico is seeking more long-term natural gas supplies from the US Gulf Coast in competition to expected rising demand for feed-gas from large-scale LNG liquefaction and export projects under development, with the Mexicans issuing a request for offers for long-term supplies of natural gas at a West Texas hub.
South Korea, the world’s third-largest liquefied natural gas importer, has suspended plans to end nuclear power generation as a summer heatwave has exposed security of supply issues and five nuclear plants are being brought back on line to support LNG and coal-fired electricity generation during the peak demand period of…