Goldboro LNG has become the second export project in the Canadian Atlantic coast province of Nova Scotia to receive all its US regulatory approvals to use feed-gas from across the border, process it and export it to third countries.
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Chiyoda Corp., one of the leading LNG companies, said it was awaiting a final investment decision on building a liquefaction plant in the southeast African nation of Mozambique as its contract backlog remained high through awards in North America, Russia and Japan.
Gaztransport and Technigaz (GTT), the French LNG storage tank technology provider for carriers, signed a cooperation agreement with the South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering for the manufacture of its new type No. 96 Max design and the commercialization of the system in 2016.
Fluor Corp., the US LNG and energy engineering company, was awarded the contract for another phase of the Cutbank Ridge project as part of the long-term development of natural gas resources in northeast British Columbia that will eventually underpin LNG production plants.
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British Columbia Premier Christy Clark said her provincial government was pursuing Canada's' liquefied natural gas development policies in the face of several setbacks and "unforeseen global conditions" posing new challenges.
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The average price of spot liquefied natural gas imported into Japan that arrived in January was $7.90 million British thermal units compared with $13.90 per MMBtu in the year-ago period.
US developer Venture Global LNG said it signed a sales and purchase agreement with Shell North America for one million tonnes per annum of LNG from its export project at Calcasieu Pass in Louisiana, one of two it is building on the US Gulf Coast.
Chinese imports of liquefied natural gas declined by just over 1 percent year-on-year, the first fall in Chinese shipments since they first began at the Dapeng facility in Guangdong province in 2006, though growth is expected to return by 2017 because of lower prices.
Natural Gas Fuels, a bellwether US company with operations in all segments of the natural gas industry, including shale-gas that will underpin LNG exports, pipeline and storage as well as exploration and production, posted a loss in its fiscal 2016 first quarter.
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Pakistan has signed a 15-year liquefied natural gas supply deal with Qatar that is expected to open the way for more import facilities in the Asian nation in addition to the one currently operating at Port Qasim near Karachi.