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Ras Laffan Liquefied Natural Gas Co. (RasGas), the Qatari producer currently finalizing its merger with Qatargas, has successfully loaded and delivered its 2,000th cargo to Korea Gas Corp., one of the world’s largest importers.
The monetization of natural gas reserves in Latin America covering both exports and imports and the future opportunities for LNG in nations such as Argentina, Chile and Brazil were discussed at a regional conference just held in Punta del Este in Uruguay.
Chart Industries, one of the leading global suppliers of liquefaction and storage equipment, narrowed its net loss in the first quarter amid mixed LNG results and continued restructuring expenses ahead of the company moving its headquarters from Cleveland, Ohio, to Canton in the US state of Georgia.
Anadarko Petroleum Corp., one of the main shareholders in world-class LNG projects being planned in the southeast African state of Mozambique, is likely to be unhindered in its future progress despite problems in its US operations that led to the shutdown of more than 3,000 producing wells after an accident.
Air Products, the US equipment and technology supplier for liquefied natural gas liquefaction projects, posted its fiscal 2017 second-quarter earnings showing a rise in sales offset by a drop in the LNG business and made a cautious forecast for the rest of the year.
TechnipFMC, the energy and liquefied natural gas project engineering company, reported its first quarterly earnings since the company was created from the merger of France’s Technip and FMC Technologies of the US and said LNG projects were still fundamental to its performance.
French energy major Total has sanctioned the development of the first phase of the Aguada Pichana Este project in the giant Vaca Muerta shale-gas play in Argentina that will lessen the South American nation’s dependence on LNG imports.
Royal Vopak, the Dutch-based global petroleum and products storage company, has decided not to proceed with the proposed acquisition of the floating storage and regasification and LNG import projects business of Belgian shipping line Exmar.
The Australian government is planning to temporarily block liquefied natural gas exports if necessary to ensure adequate domestic gas supplies in Queensland and other eastern states and at lower prices.
Uniper, the Germany utility and liquefied natural gas trader, said its fuel subsidiary Liqvis opened the first publicly accessible LNG station for vehicles in Berlin.