US shale-gas story only gets better in terms of underpinning LNG for years
Our North America editor
The United States is well positioned to become a key player in global liquefied natural gas as its proved reserves have soared again, posting a 10 percent rise in 2014 to a record 388.8 trillion cubic feet even as lower prices have curtailed drilling activity and reduced operating economics.
Alaska LNG faces vote to continue with engineering amid upheaval in state firm
The Alaska LNG project's management committee is scheduled to meet on December 4 when a unanimous vote of all partners will be required to continue preliminary front-end engineering and design of the liquefaction and export venture amid upheaval in the state's stake-holding company.
LNG company conquers remote sites from Indonesia to Australia
Our Asia-Pacific editor
Energy World Corp., the Australian-listed liquefied natural gas development company from Hong Kong, is aiming to complete its Indonesian liquefaction plant and Philippines LNG import terminal in 2016 as it also advances small-scale fueling plants amid other ventures in Australia.
China cuts natural gas and LNG prices for a year and sells cargoes amid oversupply
Our Asia-Pacific editor
The Chinese government is reducing the domestic prices for natural gas to try and stimulate demand for LNG and pipeline supplies amid a worldwide gas glut coupled with China's economic slowdown.
US company notes progress on contract for first LNG FSRU being built in China
US company Black and Veatch said it was continuing to develop its liquefied natural gas business with offshore processing facilities such as the regasification topsides provided for the first Floating Storage and Regasification Unit being built in China.
MAN Diesel acquires Sweden's Cryo AB to boost LNG offering
Our Europe editor
Dunkirk LNG terminal links to network
The Dunkirk LNG import terminal in the French Channel port has been connected to the natural gas transmission network by France's GRTgaz.
BG in final spending to underpin its QCLNG gas
BG Group said its Australian LNG project and coal-seam gas subsidiary QGC plans to spend A$1.7 billion (US$1.2Bln), ahead of its takeover by Royal Dutch Shell, in further developing its feed-gas resources in the Surat Basin of Queensland.
Japanese monthly LNG imports suffer biggest plunge on lower power use
Our Asia-Pacific editor
Japanese monthly LNG import volumes have suffered their biggest plunge of 2015, falling by 12.8 percent in October as far fewer cargoes were imported from the Middle East and more came from Asia while Japan's need for gas-fired power declined.
Norwegian LNG shipowner stems losses as short charter rates stay at low end
Our Europe editor
Norwegian LNG shipping company Awilco LNG has managed to reduce its losses as charter rates for modern carriers remained at around $30,000 per day, down from over $100,000 per day in 2012, as demand in Asia was low and arbitrage opportunities were limited.
