News Topics: LNG & Trends

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Russia's Gazprom Plans To Launch Third LNG Train At Sakhalin-2 In 2021
Thursday, September 29, 2016 Gazprom says it plans to launch a third liquefied natural gas (LNG) production train at the Sakhalin-2 LNG plant in 2021, possibly fed by a newly drilled field, as Russian companies seek to boost their share of the global LNG market.

Petronas Faces $27B Question After Canada's LNG Approval
Wednesday, September 28, 2016 After more than three years of regulatory review, the energy companies behind a proposed $27 billion liquefied natural gas plant on Canada's Pacific Coast received conditional government approval.

Petronas Canadian Gas Project Approved By Trudeau Government
Wednesday, September 28, 2016 Canadian Prime Minister Justin Trudeau's government has approved PETRONAS's $27 billion Pacific NorthWest liquefied natural gas project on British Columbia's Pacific coast.

Canada Says LNG Ruling Has No Bearing on Kinder Pipeline Decision
Wednesday, September 28, 2016 Canada's approval of a natural gas plant is not a sign it will automatically let Kinder Morgan Inc expand a crude pipeline, a top official says, amid what sources say is uncertainty inside the government over the project.

China's Wison Completes Test of World's First NG Floating Liquefaction Unit
Wednesday, September 28, 2016 Wison Offshore & Marine successfully completes a performance test of the world's first natural gas floating liquefaction unit for EXMAR at its Nantong yard in China.

PNG Government Prefers Exxon, Total Pursue 2nd LNG Project
Thursday, September 22, 2016 Papua New Guinea is backing a new greenfield liquefied natural gas facility led by France's Total SA in addition to an expansion of the existing $19 billion Exxon Mobil Corp. PNG LNG project.

Customs: China August LNG Imports Rise 60.1% On Year
Wednesday, September 21, 2016 China's imports of liquefied natural gas grew 60.1 percent in August over the same month last year to 2.26 million tons, data from Chinese customs shows.

Engie To Hang On To LNG, Selling Coal And Oil
Wednesday, September 21, 2016 Engie is not considering selling its liquefied natural gas (LNG) activities but confirmed it will exit burning coal and producing oil, Chief Executive Isabelle Kocher told Reuters on Wednesday.

GE O&G Confirms Deal to Supply Gas Compressors for Tangguh LNG Project
Thursday, September 15, 2016 GE Oil & Gas confirms deal to supply gas compressors to BP for the Tangguh liquefied natural gas (LNG) expansion project in Papua Barat, Indonesia.

Ophir Says Two Bidders In The Fray For Fortuna Contract
Thursday, September 15, 2016 Oil and natural gas producer Ophir Energy says two consortia were bidding for an engineering contract over the upstream portion of its Fortuna Floating Liquefied Natural Gas platform (FLNG) in Equatorial Guinea.

GE Oil & Gas Bags Contract for BP's Tangguh Train 3 Project in West Papua
Wednesday, September 14, 2016 GE Oil & Gas secures a contract from BP to provide liquefaction components for the third train of the Tangguh liquefied natural gas (LNG) project in West Papua, Indonesia.

Emerson Secures Contract for Shell's Prelude FLNG Project
Thursday, September 08, 2016 Emerson secures a contract to provide automation maintenance and reliability services for Shell's Prelude floating liquefied natural gas facility to be deployed offshore Broome, Western Australia.

Bloated, Glutted And Static, Asia's LNG Market Keeps Disappointing
Thursday, September 08, 2016 The liquefied natural gas (LNG) industry has morphed from energy's golden child to black sheep in the last two years, with demand slumping just as supplies soar.

Woodside Eyes LNG Boost After $400 Million Gas Deal With BHP
Tuesday, September 06, 2016 Woodside may look to funnel gas from the Scarborough field off Western Australia to one of its existing liquefied natural gas plants after agreeing to a $400 million deal to buy half of BHP Billiton's stake in the remote offshore resource.

Woodside Buys 50% of BHP Billiton's Scarborough Assets Off WA for $400M
Monday, September 05, 2016 Woodside Petroleum inks agreements to acquire half of BHP Billiton's Scarborough area assets in the Carnarvon Basin, off Western Australia for $400 million.

Exxon Ignores Near-Term Glut to Play Long Game on Liquefied Gas
Friday, September 02, 2016 When it comes to natural gas, Exxon Mobil Corp. believes in playing the long game.

Chevron Inks 10 Year Deal to Supply LNG to China's ENN LNG Trading
Tuesday, August 30, 2016 Chevron inks deal to supply up to 0.65 million tons per annum of liquefied natural gas (LNG) to China's ENN LNG Trading for 10 years starting 2018 or first half 2019.

PETRONAS $8.5B Canada Gas Plan Buoyed By Aboriginal Vote
Monday, August 29, 2016 PETRONAS' proposed $8.5 billion liquefied natural gas export plant in Canada is getting a boost as an aboriginal community signals openness to the project amid speculation that the location may be changed.

Pavilion Energy, Pertamina Ink MOU to Develop Small Scale LNG Solutions
Friday, August 26, 2016 Singapore's Pavilion Energy and Indonesia's Pertamina ink a memorandum of understanding to develop small scale liquefied natural gas (LNG) solutions in the region.

China's Biggest Oil Company Aims For 50% Natural Gas By 2020
Friday, August 26, 2016 China's biggest oil company wants natural gas to account for half its output by the end of the decade.

BW to Provide FSRU for Pakistan's Second LNG Terminal Project
Thursday, August 25, 2016 BW signs agreement with Pakistan GasPort Ltd. (PGPL) to provide a floating storage and regasification unit (FSRU) for Pakistan's second liquefied natural gas (LNG) terminal.

Thailand Embarking On LNG Shopping Spree As Glut Depresses Price
Thursday, August 25, 2016 Bangkok is about to become a very important destination for sellers of liquefied natural gas.

Exxon's Pacific Gas Partner Sees LNG 'Revolution' Among Buyers
Wednesday, August 24, 2016 Exxon Mobil Corp.'s partner in a $15 billion liquefied natural gas export project in Papua New Guinea sees Asian buyers pushing back on the pricing and structure of LNG contracts as a glut of supply gives them greater bargaining power.

Thailand's PTT To Boost LNG Imports In 2017 As Local Fields Fade
Thursday, August 18, 2016 Thailand's largest energy firm PTT plans to import at least 5 million tons of liquefied natural gas (LNG) in 2017, up from 3 million tons this year as local gas production fades.

Australia LNG Export Boom Pains Santos Amid Gas Struggle At Home
Wednesday, August 17, 2016 After spending billions of dollars constructing a world-class liquefied natural gas export project in Australia, Santos Ltd. has found itself short of gas.

Gas Glut Upends Global Trade Flows As Buyers Find New Leverage
Tuesday, August 16, 2016 The market for liquefied natural gas is about to attract more players and more trading as new supply from the U.S. and Australia strengthens buyers' bargaining power.

Australia's Gas Paradox: Supply Crunch Looms Despite Rich Reserves
Monday, August 15, 2016 Australia is on track to become the world's biggest liquefied natural gas (LNG) exporter by 2019 yet faces a looming shortage at home as states restrict new drilling onshore and cash-strapped oil and gas companies cut spending.

Bumi Armada's LNG FSU Leaving Singapore Soon to Work for EletroGas Malta
Thursday, August 11, 2016 Bumi Armada's first liquefied natural gas floating storage unit will leave Keppel Shipyard in Singapore shortly for Malta to commence a contract with ElectroGas Malta.

Hello, Shortcut: Expanded Panama Canal Spurs New LNG Trade Route
Wednesday, August 10, 2016 When the Panama Canal's expanded locks slid open in late June, perhaps no one was happier than executives in the U.S. shale industry.

A 'New World Order' Is Re-shaping Natural Gas Storage
Monday, August 08, 2016 The competitive landscape is trending toward more customized products and services, says Dallas-based consultancy.

Indonesian Banks Join Global Lenders to Provide Finance for Tangguh Project
Friday, August 05, 2016 Indonesian lenders participate in LNG project financing for the first time in the BP-operated $3.745 billion Tangguh Expansion Project in Papua Barat Province.

Malaysia's Coastal to Acquire 49% Stake in Indonesia's JSK Gas for $6.6M
Tuesday, August 02, 2016 Malaysia's Coastal Contracts to acquire 49 percent stake in Indonesia's PT Jaya Samudra Karunia Gas (JSK Gas) for $6.6 million as it ventures into the country's floating storage and regasfication business.

India's LNG Buyers Encouraged to Rework Deals Amid Global Glut
Monday, August 01, 2016 India's liquefied natural gas buyers are being encouraged to renegotiate long-term contracts after spot prices tumbled amid a global glut.


 
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