In this issue

 

Our Europe editor Gaz Metro LNG, a unit of the largest natural gas company in the Canadian province of Quebec, has signed commercial agreements with UK National Grid's New England…
Crowley Maritime Corp.'s petroleum distribution group has been granted approval by the US Department of Energy and the National Energy Board of Canada to import Canadian-sourced LNG for supply, transportation…
Our North America editor New York State has vetoed the previously approved Port Ambrose LNG Deepwater Port offshore New York City and New Jersey, with the New York Governor saying…
Dutch natural gas company Gasunie, a shareholder in the Rotterdam Gate LNG terminal, has issued its latest survey showing supply and transit routes and its own markets overview indicating more…
Our North America editor Energy Transfer Equity, lead developer of the US Lake Charles LNG export project in Louisiana, said the venture would definitely go ahead and described it as…
Our Asia-Pacific editor Japanese energy company and LNG project developer, Inpex Corp, has completed the laying of the longest subsea pipeline in the Southern Hemisphere in 16 months to bring…
Origin Energy, the upstream partner in the Australia Pacific LNG project with ConocoPhillips and China’s Sinopec, said the venture would produce LNG within a month and ship its first cargo…
Our Europe editor Golar LNG has signed a firm contract to provide a Floating Storage and Regasification Unit (FSRU) to support cargo imports by the West African nation of Ghana…
French LNG player and utility Engie, which most recently signed a supply contract with the Sabine Pass US export plant, said nine-month revenues plunged more than 38 percent at its…
Our North America editor Hawaii Gas, with operations on six islands of the US state, is planning to award contracts within months under its plan to import liquefied natural gas,…
Our North America editor US natural gas prices for next-day delivery at the Henry Hub hit their lowest point since April 2012 at $1.92 per million British thermal units, though…
Cheniere Energy's US Sabine Pass LNG export plant is scheduled to ship its first cargo by the end of January 2016 and the Houston-based company's other liquefaction project at Corpus…
Our Europe editor Chevron Corp. has started natural gas and oil production from an offshore field that spans the national boundaries for the first time of two African nations, one…
South African energy producer Sasol has jumped into the Mozambique LNG feed-gas equation by securing an exploration block shareholding with Italian energy producer Eni and others in a new bid…

News Nudges

Burckhardt profits jump

Swiss company Burckhardt Compression, whose LNG offerings include its Laby brand of compressors and boil-off gas solutions, reported high order intake and sales for the first half and with operating profit and net profit both sharply higher year-on-year. Fiscal first-half operating income from April to September almost tripled to 16.65 million Swiss francs ($16.83M) compared with 5.62M francs in the same six months of 2018. Net income rose almost four-fold to 11.75M francs from 2.28M francs in the year-ago period.


GTT accord in China

French LNG storage tank technology company GTT and the major state-owned company Beijing Enterprises Group (BEG) have signed an accord concerning the evaluation of containment technology for onshore storage tanks, through its subsidiary Beijing Gas Group Co. The signing took place during the visit to Beijing of French President Emmanuel Macron for talks with Chinese President Xi Jinping.


NextDecade cuts losses

NextDecade Corp., the developer of the Rio Grande LNG export project in the Port of Brownsville, narrowed its third-quarter net losses to $6.36 million from $10.9M in the year ago quarter as it reduced operating expenses. Nine-month losses amounted to $30.13M versus $30.63M in the same period of 2018. The Nasdaq-listed company is also pursuing an associated 137-mile Rio Bravo pipeline in south Texas to supply feed-gas and it also has the option to develop a second export plant called the Galveston Bay project on a 994-acre site secured near Texas City.