LNG

Paris-based energy consultants Cedigaz said natural gas growth in absolute terms would outstrip that of all other energy sources and the strong expansion of LNG supply and the abundance of both conventional and unconventional resources would help gas to expand its role in the energy mix to the detriment of coal and…

The Port of Singapore said three other ports in Asia, Europe and North America had joined it and seven other organisations in the international LNG bunkering port group formed to underpin the drive for the uptake of LNG as a marine fuel.

Japanese government figures show that the average delivered price of spot liquefied natural gas arriving in Japan in June was $5.60 per million British thermal units, a rise of $1.10 per MMBtu versus the $4.50 per MMbtu price registered in June 2016.

Lebanon plans to award exploration and production licences in five offshore blocks in the East Mediterranean by November 15 this year in the Middle East country’s first attempt at establishing a domestic oil and gas industry to secure resource revenue and future infrastructure for LNG and gas-fired power.