US liquefied natural gas exports from the Sabine Pass plant in Louisiana numbered six vessels in the past week, with a seventh carrier lifting a cargo on November 16 as total domestic consumption rose by 14 percent compared with the previous week and pipeline imports from Canada increased.
A South Korean court in Seoul has fined 10 construction companies for conspiring to rig bids for state-backed projects worth more than US$3.1 billion to build liquefied natural gas storage tanks at the nation’s import terminals.
Anadarko Petroleum Corp., one of the main participants in projects to develop liquefied natural gas production in Mozambique, is setting aside $150 million for spending on initial development of the onshore liquefaction plant planned for the southeast African nation.
Qatar remains the number one liquefied natural gas exporter and is adapting its marketing and production policy to stay at the forefront of the industry. This involves raising output and advancing with its US export plans in Texas for future total production of 110 million tonnes per annum.
Australian energy company Santos, a stakeholder in three Australia-Pacific LNG export ventures, said it was not currently in takeover discussions with Harbour Energy whose Chief Executive is Linda Cook, a former senior executive at Royal Dutch Shell, though it had received a previous approach.
Hoegh LNG, the Norwegian import terminal developer and fleet operator, said long-term outlook for the floating storage and regasification unit (FSRU) market remains solid, though it warned that ventures were complex and reliant on a host of factors as one of its ventures was cancelled and two others suffered further…
Spanish net liquefied natural gas imports rose to 22 cargoes in October, led by Nigerian shipments as domestic demand increased for industrial users and for gas-fired power generation.
OLT Offshore LNG Toscana, the Italian owner of the import facility deployed off the Mediterranean coast, will again provide peak-shaving services for the natural gas network and has launched a cargo tender that closes on November 22.
Norwegian energy company Statoil, operator of Europe’s only baseload LNG plant, was fined $4 million by the US Commodity Futures Trading Commission for attempting to manipulate an Asian-priced gas market in 2011.
Air Products, the leading LNG liquefaction technology company, said it had extended the employment contract of its Chairman, President and Chief Executive Seifi Ghasemi through September 2022.