Japanese LNG and energy procurement company Jera Co. Inc., formed by Tokyo Electric Power Co. and Chubu Electric, has signed a binding agreement with French firm EDF Trading Ltd to form an LNG and trading joint venture.
Taiwanese energy company CPC Corp. has signed a preliminary accord with US LNG producer Cheniere Energy for the supply of 2 million tonnes per annum for 25 years.
UK energy major BP and its partners in the Shah Deniz Consortium announced the start-up of the landmark Shah Deniz II natural gas development in Azerbaijan, including its first commercial gas delivery to Turkey as the starting point for the Southern Gas Corridor to compete with Middle East, North African…
The value of Australia’s LNG exports is forecast to increase by around 36 percent over a two-year period to A$42.4 billion (US$31.3Bln) in 2019-20, driven by bigger volumes and higher prices as the crude oil pushes up the value of long-term contract shipments.
Pieridae Energy, the Canadian company developing the Goldboro LNG project in the Canadian Atlantic Coast province of Nova Scotia, has announced management and board changes as it advances with its plans for exports to Europe.
Fluxys group of Belgium, owner of the LNG import facility at the Belgian port of Zeebrugge, has now agreed to acquire full ownership of the Dunkirk LNG terminal on the French Channel Coast.
Tellurian Inc, the developer of the Driftwood LNG export plant in Louisiana, said it had around 25 potential customers lined up who have expressed an interest in its full range of energy services from feed-gas pipeline delivery to liquefaction tolling.
Singapore LNG cargo indices eased to around the $10.20 per million British thermal units mark for North Asia and Dubai-Kuwait-India for the second half of August and through to September before an expected increase ahead of the Northern Hemisphere winter season.
Equinor, the Norwegian energy company formerly known as Statoil has awarded a major contract to Nexans in France to design, manufacture and supply a total of 42 kilometres of static infield and inter-field umbilicals to control the subsea production systems linked to the Hammerfest LNG plant.
The global LNG future production centre planned for Mozambique in southeast Africa is taking shape as the onshore and floating LNG joint ventures advance on the regulatory, engineering and marketing fronts with stakeholders and buyers from the Asia, Europe and the US.