News Topics: LNG & Trends

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Russell: From Leader To Loser: Australia Risks Missing Next LNG Wave
Thursday, August 17, 2017 Should the arrival of the last major piece of kit in Australia's $180 billion LNG spree be a cause for celebration or for a wake?

China's Blue Skies Target May Make for Winter Gas Crunch
Thursday, August 17, 2017 The growing global LNG market will help the country meet any surge in demand this winter, says Liu Ming Hui, executive chairman of China Gas Holdings Ltd.

Smart Gas Tankers Earning More Take Scenic Routes Amid Glut
Thursday, August 17, 2017 Advances in technology mean less of the fuel would end up lost at sea during the journey.

Trump Push for Natural Gas Exports Opposed by Manufacturers
Wednesday, August 16, 2017 President Trump's effort to boost US energy is facing push back from manufacturers who say exporting more natural gas may undercut his 'America First' jobs focus.

IOC: Malaysia's Petronas Eyeing Stake In Indian LNG Import Terminal
Wednesday, August 16, 2017 Petronas is looking to buy a stake in Indian Oil Corp's Ennore LNG import terminal, the Indian firm's chairman says.

Woodside Sees Qatar Targeting New LNG Buyers With Supply Surge
Wednesday, August 16, 2017 Woodside expects rival Qatar to target the emerging markets of India and Pakistan with a new wave of supply next decade and not cannibalize traditional Asian buyers.

Egypt To Reduce Imports Of LNG To 80 Cargoes In 2017/18 Year
Monday, August 14, 2017 Egypt is planning to import 80 cargoes of LNG during the 2017-18 financial year that began in July, Petroleum Minister Tarek El Molla told Reuters.

Australia's $180B LNG Megaproject Boom Enters Final Stretch
Monday, August 14, 2017 The last massive component of Australia's $180 billion LNG construction boom arrived, stepping up a race between Shell and Inpex to start chilling gas for export in 2018.

Arctic Ocean Thaw Helps Russian Shipping As Old Ice Blows West
Friday, August 11, 2017 The thinning Russian ice could help liquefied natural gas (LNG) tankers.

Global LNG: Faltering Supply Prompts Short-Covering Price Rally
Friday, August 11, 2017 Asian spot LNG prices gained ground this week with traders and portfolio players engaged in short-covering.

Brazil Authorizes Petrobras To Export Idle LNG Cargoes
Wednesday, August 09, 2017 Petroleo Brasileiro SA has been authorized to export idle LNG in the spot market.

Pakistan's Skydiving PM Seen Soothing Military, Energy Fears
Wednesday, August 09, 2017 Family links to Pakistan's powerful military and a cabinet stint championing the use of LNG will probably help new prime minister Shahid Khaqan Abbasi navigate thorny relations.

China Gas Sellers Sidestep State Giants to Ride Demand Surge
Tuesday, August 08, 2017 China's independent energy firms are seeking to circumvent its state-backed giants as they cash in on swelling natural gas use.

Uniper Says Europe Needs To Find New Gas Sources, Fend Off US
Tuesday, August 08, 2017 European gas suppliers must take a more proactive role in tapping into diverse supply sources in view of US attempts to sell its LNG into Europe, Uniper CEO says.

Canceled LNG Project Casts Shadow Over Canada's Biggest Shale Play
Friday, August 04, 2017 Petronas' decision to cancel its Pacific NorthWest LNG project is a blow to the growth outlook for Canada's largest shale play.

Indian Oil, Partners Look For Cheaper Site For Pacific NorthWest Terminal
Thursday, August 03, 2017 Indian Oil Corp says it is in talks with its partners to scout for an alternative, cheaper site for the Pacific Northwest LNG terminal.

Little Guy Has Edge as Gas Glut Kills Huge Export Projects
Wednesday, August 02, 2017 The failure of a $27 billion project last week may offer a lesson to natural gas exporters: Go small or go home.

Cheniere Is Said to Be Liquefying Natural Gas at a Fourth Plant
Monday, July 31, 2017 Cheniere Energy has begun liquefying the fuel at a fourth plant, keeping the company on a track that will double its export capacity this year.

Russia's Novatek Expects 50% CAPEX Growth In 2018, 2019
Thursday, July 27, 2017 Novatek expects capital expenditure to rise by around 50% in 2018 and 2019.

African LNG Exports To Get Boost From Offshore Projects
Thursday, July 27, 2017 Cameroon plans to begin exporting LNG later this year using a newly designed offshore plant.

Tokyo Gas Gets Bangladesh LNG Terminal Feasibility Study Contract
Thursday, July 27, 2017 Tokyo Gas Engineering Solutions Corp receives an order to conduct a feasibility engineering study.

If Petronas Can't Beat US LNG Suppliers, It Could Join Them
Thursday, July 27, 2017 With its Pacific Northwest LNG project now dead, Petronas needs to find a home for the gas produced by its Progress Energy Canada Ltd. unit

A Worldwide Gas Glut Claims $27 Billion Victim in Canada
Wednesday, July 26, 2017 A $27 billion energy project in Canada just became the latest casualty of a worldwide glut of natural gas.

AECOM to Lead Permitting for Monkey Island Project
Tuesday, July 25, 2017 Final investment decision for Monkey Island LNG anticipated in late 2020.

Malaysia's Petronas Halts $29B Western Canadian LNG Project
Tuesday, July 25, 2017 Petronas will not proceed with a proposed $28.8 billion LNG project in western Canada.

Saipem Seen Getting Work In Novatek's Arctic LNG 2 Project
Monday, July 24, 2017 Saipem is likely to get a sub-contractor role in a new project to produce LNG in the Arctic by Russia's Novatek.

Deals Set Bullish Tone As Peru Export Halt Tightens Market
Friday, July 21, 2017 Asian spot LNG prices step higher this week, shrugging off months of weakness.

Malaysia's Petronas Delivers First LNG Cargo To Thailand's PTT
Friday, July 21, 2017 Petroliam Nasional Bhd announces the delivery of its first liquefied natural gas (LNG) cargo to Thailand.

CEO: France's GTT Sees Opportunities In Increased Gas Production
Thursday, July 20, 2017 GTT can benefit in the coming years from increased LNG supply as it will boost the need for transportation, Chief Executive Philippe Berterottiere says.

Philippines Shortlists 6 Countries For $2B LNG Hub, To Pick One Partner
Thursday, July 20, 2017 The Philippines has shortlisted 6 countries and will choose one from them as a partner for its planned $2B receiving and distribution facility for imported LNG, an official says.

Qatar Seeks To Open New LNG Markets With Floating Terminals
Wednesday, July 19, 2017 Qatar Gas Transport Company and Norwegian shipping business Hoegh LNG have embarked on a joint project to open new markets for Qatar.

Irish Gas Grid Could Receive LNG from South Texas
Wednesday, July 19, 2017 Texas-based NextDecade and Ireland's Port of Cork Co. will hold exclusive talks.

Petronet Eyes 2019 Rescue for Nearly Idle $700 Million LNG Plant
Tuesday, July 18, 2017 The only LNG terminal in southern India reportedly is operating at about 10 percent of its 5 million-ton-a-year capacity.

Poland Sees North-South Gas Corridor Ready By 2022
Thursday, July 13, 2017 Gaz-System expects the North-South Gas Corridor linking LNG terminals in Poland and Croatia to be ready by 2022.

China Expects LNG Receiving Capacity To Reach 100MM Tonnes by 2025
Wednesday, July 12, 2017 China's LNG receiving capacity is expected to rise 8.6% a year to 100 million tonnes by 2025.

Ophir Energy Cuts Cost; Eliminates Staff
Wednesday, July 12, 2017 British oil and gas explorer cuts 15% of its global workforce as it "right sizes" for new FLNG Project.

Indonesia Unlikely To Need Imported LNG Until 2020 As Output To Rise
Wednesday, July 12, 2017 Indonesia is unlikely to need to import LNG until at least 2020 due to robust gas production at home.

Shell Mulls LNG-Hub Network as Use by Ships and Trucks Expands
Tuesday, July 11, 2017 Royal Dutch Shell Plc, the oil company that spent more than $50 billion to buy natural-gas producer BG Group Plc, is looking to expand demand for the fuel in transport to ensure its output is consumed.

Shell: Qatar LNG Flows Unaffected By Crisis
Monday, July 10, 2017 Qatari exports of liquefied natural gas (LNG) remain stable amid ongoing tension.

Shell Plans to Spend $1 Billion a Year on Clean Energy by 2020
Monday, July 10, 2017 Shell plans to spend as much as $1 billion a year on its New Energies division as the transition toward renewable power and electric cars accelerates.

Inpex Says Floating Unit For Australia LNG Project To Set Sail Soon
Monday, July 10, 2017 A massive floating component for Inpex Corp's $37 billion Ichthys LNG project in Australia will soon sail from the South Korean shipyard.

Qatar Flexing LNG Muscle Puts US, Australia Plants at Risk
Friday, July 07, 2017 As if billions of dollars of LNG project cost overruns and the prospect of a glut well into the next decade weren't enough, proposed export sites now face increased competition.

Bangladesh LNG Drive Likely To Hit Its Diesel, Fuel Oil Demand
Thursday, July 06, 2017 Bangladesh's plan to start importing LNG next year will likely dampen its demand for oil used in power generation.

Poland Expects Long Term Deal For US LNG Supplies
Thursday, July 06, 2017 Poland expects to sign a long-term deal for LNG supplies from the US to reduce its reliance on Russian gas.

Hungary Joins Gazprom Pipeline, As Trump Touts US LNG
Wednesday, July 05, 2017 Hungary signs a deal with Gazprom to link the country with the Turkish Stream pipeline by end-2019, a day ahead of President Trump's trip to Poland, where he is expected to promote US LNG exports.

LNG Price Row Between India, US Crimps Trump's Export Aims
Friday, June 30, 2017 India's biggest importer of U.S. LNG is trying to re-negotiate prices with the U.S. seller, sources said.

Russia's Rosneft Says May Build LNG Plant in Far East On its Own
Thursday, June 29, 2017 Russian energy giant Rosneft may build a liquefied natural gas (LNG) plant in the far east using exclusively its own resources and gas reserves, Rosneft vice president Vlada Rusakova said.

Shell's Floating LNG Facility Sets Sail from South Korea for Australia
Thursday, June 29, 2017 Royal Dutch Shell's Prelude floating liquefied natural gas (FLNG) ship has left a shipyard in South Korea for its destination offshore northwest Australia, the company said.

Russell: China's Natural Gas Output, Imports Surge, Beating Target
Wednesday, June 28, 2017 China is ramping up both imports and domestic production of natural gas.

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