The European Union recently affirmed that in aiming to reduce its overall fossil fuel imports the keys to its security of supply are continued pipeline natural gas links with more countries, as well as Russia, and topped up by LNG sourced from a variety of nations at competitive prices.
Pieridae Energy, the Canadian company developing the Goldboro LNG project in the Atlantic Coast province of Nova Scotia, has posted widening losses at it advances with its plans for a Nova Scotia LNG export plant targeting European customers.
Woodside Petroleum is executing its growth plans, including a second processing Train at the Pluto LNG plant in Western Australia as the company said there would be growing sales opportunities in the Asian market of up to 175 million tonnes per annum through the 2020s.
Bahrain is moving forward with development of its discovery of extensive tight oil reserves amounting to 200,000 barrels per day and deep natural gas resources of between 10 and 20 trillion cubic feet, though the Gulf kingdom still intends to become an LNG importer by 2019.
ExxonMobil Corp., the leading US oil major and one of the world’s largest LNG plant stakeholders in Qatar and in countries such as Australia and Papua New Guinea, said it had set a two-year target to reduce natural gas flaring by 25 percent and methane emissions by 15 percent to…
Chinese liquefied natural gas imports rose 4.3 percent in April as the demand momentum remained high because of new supply contracts and import facilities to underpin increased economic development activity.
US LNG exports data showed that in the latest month of shipments a total of 26 cargoes were delivered to 12 different nations, including six in Central America, the Caribbean and South America, four in Asia and one in the Middle East and one in Europe.
Mexico, the largest customer for US LNG with 65 cargoes received since 2016 and other shipments brought in from nations such as Nigeria, is planning a tender for strategic storage of natural gas at four depleted oil and gas reservoirs.
Cheniere Energy has made the first investment decision for LNG in the US since 2015 as it gave the go-ahead for full spending on the third liquefaction Train at the Corpus Christi LNG export plant it is building on the Texas Gulf Coast to supplement the output of its Sabine…
Imports of liquefied natural gas by India in April, the first month of the new fiscal year, as shipments arrived from diverse nations such as Australia, Nigeria, Trinidad and Qatar and as more cargoes were also set to be received from the US amid plans for an expansion of regasification…