In this issue

 

LNG Journal editor Qatar Petroleum President and Chief Executive Saad bin Sherida Al-Kaabi said that the work in implementing the project to increase Qatar's production of liquefied natural gas from…
Energy Transfer, the US pipeline and infrastructure company developing the Lake Charles LNG export plant with Royal Dutch Shell, has launched a binding supplemental open season for the Bayou Bridge…
Free ReadUS firm is leading LNG development as the clean energy alternative for region LNG Journal editor New Fortress Energy, the New York-based LNG developer in the Caribbean and Central America,…
LNG Journal editor TechnipFMC, the LNG and energy engineering company planning to soon separate into two companies, posted a fourth-quarter net loss of $2.41 billion because of charges, though LNG…
Air Products, the US industrial gases and LNG equipment provider, said its joint venture in Saudi Arabia held a ceremonial ground-breaking to mark the start of work in building a…
LNG Journal editor Venture Global, the US developer of three LNG export plants in Louisiana, said the European utility, Électricité de France SA (EDF), had signed a long-term supply contract.
Free ReadGaztransport and Technigaz (GTT), the French technology firm for designs of systems for the maritime transportation and storage of liquefied natural gas, has acquired Marorka, a smart-shipping company based in…
Chart Industries, the US liquefied natural gas and industrial gases equipment supplier, has signed a letter of cooperation with ExxonMobil India LNG Ltd, an affiliate of the US major, and…
LNG Journal editor Cheniere Energy, the leading US LNG export company through its Sabine Pass plant in Louisiana and the Corpus Christi facility in Texas, reported annual revenues approaching $10…
Free ReadLNG Journal editor Swiss company Burckhardt Compression, whose LNG offerings include the Laby brand of compressors and boil-off gas solutions, said it signed a five-year service agreement covering nine LNG…
LNG Journal editor Höegh LNG, the Norwegian project company and fleet owner, said that coronavirus outbreak in China has not had any direct effect on the company’s revenues nor operations,…
Flex LNG, the Norwegian-listed company with a fleet of six carriers and seven other under construction and with controlling interests held by shipping magnate John Fredriksen, reported a fourth-quarter surge…
Teekay LNG Partners recorded strong earnings for the fourth quarter and the full year after successfully completing its newbuild programme and securing attractive time-charters during the year amid the start-up…
Free ReadLNG Journal editor Worley, the Australian engineering company, said it was awarded two master service agreements by French major Total to provide specialised services for the Mozambique LNG export project…

News Nudges

Gazprom posts loss

Gazprom, the main pipeline gas competitor to LNG in Europe and China, said first-quarter gas sales revenues dropped by 24 percent to 1.73 trillion roubles ($24.52 billion) compared with 2.29 trillion roubles ($32.3Bln) in the same period in 2019. The company reported a first-quarter net loss of 116 billion roubles ($1.64 Bln), compared with a net profit of 536Bln roubles ($7.5Bln) in the 2019 first quarter. Overall natural gas sales dropped by 13 percent to 138.1 billion cubic metres from 158.9 Bcm in the 2019 first quarter.


Australian exports fall

Australian LNG shipments in June were down by eight compared with May, primarily due to scheduled maintenance at the Gorgon plant on Barrow Island in Western Australia. “Australian projects shipped 5.9 million tonnes (85 cargoes) in June, compared with 6.4MT (93 cargoes) in May,” said a report by consultants EnergyQuest. “In June there were still a large number of cargoes that have had their delivery delayed.


Czech LNG station

GasNet, the natural gas distribution company of the Czech Republic, launched its first mobile public self-service LNG filling station. The station is located in Klecany near Prague and is a short distance from the D8 motorway. “This modern and environmentally friendly technology is available 24/7 to truck drivers,” said GasNet.“LNG truck drivers can now refuel in Klecany in the Volvo Group Truck Centre Prague-North. The public gas station is only 8km from the capital, is self-service and open 7 days a week, 24 hours a day,” added GasNet.