BP publishes Energy Outlook 2022 with LNG and upstream oil and gas investment marked as priorities
UK major BP says that natural declines in existing hydrocarbon production imply continuing investment in new upstream oil and natural gas is required over the next 30 years and the LNG sector is expected to see substantial growth.
Norwegian gas supplier says Germany took record 2020 volumes equivalent to two large LNG plants
Gassco, the Norwegian natural gas pipeline operator and one of the main competitors to LNG in Europe, said it transported record gas volumes to Germany in 2020.
The company said pipeline gas from the Norwegian Continental Shelf (NCS) played an important role in Europe’s energy supply.
LNG project developments face complex landscape and gas sector players to have contrasting fortunes
Times have changed for liquefied natural gas project investment with global ventures facing more challenging times and with gas producers and buyers facing contrasting fortunes, according to the International Energy Agency World Energy Outlook 2020.
Trelleborg of Sweden and Synertec of Australia form partnership for LNG custody transfer
Trelleborg of Sweden has announced a partnership with leading Australian engineering consultancy Synertec to meet growing demand for more accurate and efficient LNG custody transfer measurements.
US report notes how shorter LNG contracts and reduced volumes may raise future concerns
The continuation of a trend towards smaller volumes and shorter tenures for liquefied natural gas supply contracts highlights the growing commoditization of the global LNG market even as it raises troubling questions about future supply, according to a US analysis.
