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Thursday, 15 February 2018
Australia is heading towards becoming the world’s largest liquefied natural gas exporter and its policies have been described as “impressive” by the International Energy Agency as it ensures energy security while moving ahead with reforms for the domestic market.
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Thursday, 15 February 2018
Santos, the Australian energy company and stakeholder in three Asia-Pacific LNG export plants, said it has followed its supply pledge to the domestic market by signing a natural gas agreement with a Queensland mining company for its power plant.
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Thursday, 15 February 2018
Peru LNG, the sole liquefaction and export plant in South America, has suspended operations because of a fracture on the feed-gas pipeline, whose biggest shareholder is Spanish transmission operator Enagas.
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Wednesday, 14 February 2018
Saudi Arabia and Russia are expected to sign an accord during talks in Riyadh for investments in three major energy projects, including possible Saudi participation in a second LNG export project being developed in the Siberia region of Arctic Russia.
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Wednesday, 14 February 2018
Woodside Petroleum, the Australian liquefied natural gas plant operator, launched a fully underwritten share offer to raise around A$2.5 billion (US$1.96Bln) to buy more offshore feed-gas for LNG and to proceed with a West Africa exploration and production programme off Senegal.
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Wednesday, 14 February 2018
The continuation of a trend towards smaller volumes and shorter tenures for liquefied natural gas supply contracts highlights the growing commoditization of the global LNG market even as it raises troubling questions about future supply, according to a US analysis.
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Wednesday, 14 February 2018
Crowley Maritime Corp., the US shipping group with operations from Florida to the Caribbean, said one of its subsidiaries signed another multi-year supply contract with Pivotal LNG of the US to support a major pharmaceutical company's energy needs in the US territory of Puerto Rico.
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Tuesday, 13 February 2018
Malaysia International Shipping Corp. (MISC), whose LNG fleet comprises more than 30 vessels, said the LNG shipping sector faced ongoing tonnage oversupply and a difficult market in 2018 as it posted higher revenues and lower profits before tax in its annual earnings.
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Tuesday, 13 February 2018
Chinese company China Energy Reserve and Chemical Group (CERCG) said it would push ahead with its plans to transport Australian LNG from the West Coast to the East Coast even as its bid for local exploration and production company AWE was likely to be rejected in favour of a higher…
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Tuesday, 13 February 2018
The US Administration of President Donald Trump has put forward a $1.5 trillion infrastructure plan that would accelerate the regulatory time-scale for natural gas pipeline approvals, essential for full development of the LNG export industry.
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