The US said it expected its dry natural gas production to rise to an average of 73.7 billion cubic feet per day in 2017 even after disruptions caused by the recent hurricane along the Gulf Coast of Texas and Louisiana, a main production area.
The American Bureau of Shipping, the US classification society and marine technical services, said it completed a joint development project with Monaco-based LNG fleet owner GasLog focusing on boil-off gas efficiency in operations.
The Atlantic LNG production plant in Trinidad was shut down and evacuated when fire enveloped one of its power generating units sending black smoke and fire into the air at Point Fortin on the southwest of the Caribbean Island.
Several import questions are occupying the minds of global market participants and they involve the state of the supply-demand balance, how domestic markets are affecting demand in Asia and Europe and the influence of new liquefaction project start-ups on short-term trade through 2017 and 2018.
NextDecade Corp., the US LNG export developer planning the Rio Grande LNG and Rio Bravo Pipeline projects in Texas, has named former senior BG Group executive Matt Schatzman to the newly created position of President.
The Sultanate of Oman in the Arabian Peninsula, a producer of LNG supplying Japan and South Korea, has opened four onshore blocks to tender, three with oil and natural gas discoveries in place and with bidding open from September 20 until the end of December 2017.
The merged US subsea and energy services company formed by Baker Hughes and GE Oil and Gas has signed its highest-profile contract yet under the BHGE banner for Phase Two development of the Zohr gas field in the east Mediterranean that will boost Egyptian natural gas supplies and reduce LNG…
The American Bureau of Shipping, the US maritime classification society, said it granted approval in principle to a floating liquefied natural gas ship conversion design from South Korean shipyard Hyundai Heavy Industries.
Angola LNG, the revitalized southwest African export plant, has signed its second European sales agreement of September with German utility and energy company RWE after concluding a similar deal with Swiss-based global commodities firm Vitol.
Air Products, the leading US supplier of LNG production technology and equipment, said it had formed a $1.3 billion joint venture with a Chinese company for a coal-to-synthetic gas project in China’s northern Shanxi province.