Energy World Corp., the Asia-Pacific project developer, has cleared the final hurdle to bring a power plant and LNG hub venture on stream in 2018 at Pagbilao in Quezon Province of the Philippines.
Osaka Gas, one of the leading Japanese utilities and liquefied natural gas importers, has launched a pilot project in Thailand to make a form of LNG fuel from agricultural waste for use in vehicles.
The Gas Exporting Countries Forum (GECF), the natural gas industry’s version of OPEC, has completed its summit in the city of Santa Cruz in Bolivia, with Qatar pledging to regain its position as the leading liquefied natural gas producer five years after Australia overtakes it in 2019.
Forecasts for the adoption of LNG as a fuel for shipping has been revised to between 400 and 600 vessels by 2020 instead of the 1,000-plus previously estimated by the European classification society, DNV GL.
Hoegh LNG, the Norwegian fleet operator and project developer, has ended its involved in an import venture in Pakistan that involved a charter agreed and the deployment of a vessel near Karachi.
Malaysian energy company Petronas plans to offer gas-up and cool-down services for the global LNG carrier fleet from its liquefaction plant at Bintulu port in Sarawak in competition to other ports such as Singapore.
The Kuwaiti authorities have agreed a proposal for pipeline infrastructure to be connected to the onshore LNG import terminal planned for the port of Al-Zour, adding to volumes shipped to the existing floating import facility at Mina Al-Ahmadi.
US LNG export data showed South Korea, China and Mexico received the most shipments from the Sabine Pass export plant in Louisiana, while the same three nations paid the highest prices, according to the latest monthly data from the Department of Energy.
Chinese LNG imports almost doubled last month from the same period of 2016 as winter season deliveries to the nation’s terminal network gathered pace.
Ophir Energy of the UK, the lead developer of the Fortuna floating LNG project offshore Equatorial Guinea, has pushed back its final investment decision to the first quarter of 2018 after financing discussions with Chinese banks have so far failed to seal an agreement.