The Shapoorji Pallonji Group has bid to build an LNG regasification terminal at Mumbai Port Trust.
Excess growth in global LNG supply, notably through the ramp-up of US LNG through 2018 and into 2019, will make European gas prices “move through the coal floor [price]”. Fuel-switching in the Western European power market, according to Societe Generale, will ultimately be determined by short-term gas prices hinging at…
Australian energy concern AGL has selected Crib Point (Western Port) in Victoria as the preferred site for a gas import jetty and pipeline to increase energy security and supply for customers in south eastern Australia.
Egypt is planning to import 80 LNG cargoes during the 2017-18 financial year that began in July, down from the 118 cargoes imported last year.
Tellurian has continued to progress development of the Louisiana-based Driftwood LNG terminal and Driftwood pipeline (Driftwood project), during the second quarter of 2017.
San Diego, California-based Sempra Energy said in its second quarter earnings statement that that the start up of its Cameron LNG project is likely to slip from next year into 2019.
European gas suppliers must take a more proactive role in tapping into diverse supply sources in as the US attempts to sell its LNG into Europe, the CEO of German utility Uniper said in an earnings presentation earlier this week.
The average contract price for LNG spot cargoes for shipment to Japan fell to a 14-month low in July, data from the country's trade ministry showed this week.
Cheniere Energy Inc has reported a net loss of $285 mill, or $1.23 per share (basic and diluted), for the three months ended 30th June, 2017, compared to a net loss of $298 mill, or $1.31 per share (basic and diluted), for the comparable 2016 period.
In recent years, the increase in LNG cargoes hitting the market has led to an LNG carrier (LNGC) oversupply problem, causing a significant decline in LNG spot prices, according to a report from Westwood Global Energy Group.