LNG

Golar LNG, the shipping company with a midstream investment strategy, reported increased operating income of $23.9 million for the third quarter because of improved spot vessel earnings, but still posted a net loss for the three months of $5.9M because of interest rate swaps.

Significant investment in the continent’s import terminal network will have to continue at the current pace

Karim Nassif and William Ferara

The share of liquefied natural gas as a proportion of total natural gas demand is set to grow in Western Europe, with LNG suppliers and importers among the key beneficiaries.

Thomas Dawson, President of LNG Impel, one of the planners of the Dubai LNG Hub, explains how the project will work.

LNG Impel of Canada and partners from the United Arab Emirates have announced plans to develop a Middle East hub for LNG storage at a cost of around $1 billion.