News Topics: LNG & Trends

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Russell: LNG Industry Tension To Rise As Price Breaks Link To Crude Oil
Thursday, May 26, 2016 The price of spot cargoes of liquefied natural gas in Asia has broken its long-standing link to crude oil this year, a development likely to fuel tensions in an already unsettled market.

Santos Commences First Production from GLNG Train 2 on Curtis Island
Thursday, May 26, 2016 Santos starts liquefied natural gas production from GLNG Train 2 on Curtis Island, Queensland, Australia.

PETRONAS Extends Contract to Supply LNG to China's JOVO Group
Thursday, May 26, 2016 PETRONAS extends a contract to supply liquefied natural gas to China's JOVO Group to at least 2023.

Poland's PGNiG to Receive First Spot LNG Cargo from Statoil on June 25
Tuesday, May 24, 2016 Poland's state-run gas firm says it will receive its first spot delivery of liquefied natural gas (LNG) from Norway's Statoil on June 25.

What Will Drive LNG Growth for the Next Decade?
Friday, May 20, 2016 Pay attention to seven factors, Deloitte report advises.

China's Cheaper Coal Seen Slowing Switch To Cleaner Natural Gas
Friday, May 20, 2016 China's effort to promote natural gas over coal to cut pollution is facing resistance from buyers who prefer cheaper to cleaner.

PETRONAS' PLNG SATU Heads to Malaysia's Kanowit Gas Field Off Sarawak
Wednesday, May 18, 2016 PETRONAS' first floating liquefied natural gas facility PLNG SATU heads for Kanowit gas field offshore Sarawak, Malaysia from Daewoo Shipbuilding & Marine Engineering Co.'s Okpo yard in South Korea.

Australia's Gorgon LNG Export Facility Restarting Operations
Wednesday, May 18, 2016 Chevron begins to restart its Gorgon liquefied natural gas export facility in Australia following its unplanned shutdown in April.

Australian LNG Exports Face Restrictions In Labor Party Plan
Wednesday, May 18, 2016 New liquefied natural gas projects in Australia, which is forecast to become the world's largest exporter of the fuel, may need to set aside supplies for domestic use under a policy proposed by the opposition Labor Party.

KOGAS, PDPDE Sign MOU to Build Gas Pipelines in Indonesia for $600M
Wednesday, May 18, 2016 Korea Gas Corp. (KOGAS) signs a memorandum of understanding with PT Perusahaan Daerah Pertambangan dan Energi (PDPDE) South Sumatra to build gas pipelines in Indonesia for $600 million.

Japan's MOL Agrees Deal to Provide FSRU to Uruguay's Gas Sayago
Thursday, May 12, 2016 Japan's Mitsui O.S.K Lines agreed to a charter contract with Gas Sayago for a floating storage and regasification unit to be deployed in Uruguay.

Inpex Completes Pre-lay of Ichthys LNG Project's Mooring System Off WA
Thursday, May 12, 2016 Inpex completes pre-lay of the mooring system for the Ichthys liquefied natural gas project in the Browse Basin, offshore Western Australia.

Kunlun Energy Seeks To Sell Upstream Assets And Buy Tangshan LNG
Thursday, May 12, 2016 Kunlun Energy, a unit of China National Petroleum Corp., plans to sell upstream assets and may buy an LNG terminal from its parent as the company shifts focus to gas distribution, Chairman Huang Weihe says.

PETRONAS Launches Hull for PFLNG2 at SHI's Shipyard in South Korea
Wednesday, May 11, 2016 PETRONAS launches hull for its second floating liquefied natural gas facility at Samsung Heavy Industries yard in Geoje Island, South Korea.

Comet Ridge, APA Ink MOU to Pipe Gas from Australia's Galilee Basin Permits
Wednesday, May 11, 2016 Comet Ridge inks a memorandum of understanding with APA Group to transport gas from its Galilee Basin permits to gas markets in Australia's east coast.

Stubborn Natural Gas Supply Imperils Best US Rally in 14 Years
Tuesday, May 10, 2016 Natural gas futures have soared since March on speculation that supplies are finally falling after a decade of gains. Production numbers tell a different story.

UPS Inks Contract Deal with Origin Energy for APLNG Project in Queensland
Tuesday, May 10, 2016 Upstream Production Solutions inks deal with Origin Energy to provide operations and maintenance work for Australia Pacific LNG development in Queensland, Australia.

SHI Receives Shell's Termination Notice for $4.7B FLNG Building Contract
Friday, April 29, 2016 Samsung Heavy Industries receives a notice to terminate the $4.64 billion contract from Shell to build three floating liquefied natural gas units.

PETRONAS Canada LNG Project Chief Sees Investment Decision In Months
Friday, April 29, 2016 PETRONAS and its partners hope to make a final decision within months on whether to build what could be Canada's first liquefied natural gas export project, though further delays to the environmental review could push that timeline back.

Russia's Novatek Says Yamal LNG Unlikely To Get Chinese Loans In May
Tuesday, April 26, 2016 Leonid Mikhelson, the head of No.2 Russian gas producer Novatek, says the Yamal LNG project is unlikely to get loans from China next month.

Australia Watchdog Looks To End ExxonMobil, BHP Joint Gas Sales
Friday, April 22, 2016 Australia's competition watchdog wants to break up a marketing joint venture between ExxonMobil and BHP Billiton to help boost competition in the eastern Australian gas market, it says.

Santos Quarterly Revenue Steady As LNG Output Ramps Up
Friday, April 22, 2016 Santos reports a 1% rise in 1Q revenue as it stepped up coal seam gas sales to its Gladstone LNG plant, offsetting a collapse in oil and gas prices.

Russia and Norway Use Saudi Oil Strategy in Europe's Gas Market
Thursday, April 21, 2016 Europe is awash with low-priced natural gas, thanks to Russia and Norway using a Saudi-like tactic to hold market share.

Chevron Signs Up Australia's Alinta To Buy Gas From Wheatstone
Tuesday, April 19, 2016 Chevron agrees to sell 20 petajoules a year of gas from its Wheatstone project to Alinta Energy in Western Australia starting in 2020, securing a customer for more than a quarter of the domestic gas output from Wheatstone.

Papua New Guinea LNG Projects See Opportunity In Tough Market
Tuesday, April 19, 2016 As LNG producers despair over a supply glut, two projects in Papua New Guinea are pressing on in a bid to sign off on new developments by 2018.

Indonesia's Small-Scale LNG Plans Face Several Challenges
Friday, April 15, 2016 Some analysts say small-scale LNG could be best for Indonesia, but one observer says it's more sensible to reform the gas sector.

PETRONAS Urges LNG Players to Strive for a More Equitable Relationship
Thursday, April 14, 2016 PETRONAS urges liquefied natural gas players to strive for a more equitable relationship in the current oversupplied market to ensure the continuity and sustainability of the business.

Total, KOGAS Sign MoU to Reinforce Cooperation on LNG
Wednesday, April 13, 2016 Total signs a memorandum of understanding with Korean Gas Corp. to reinforce cooperation throughout the liquefied natural gas value chain.

Woodside to Supply LNG to Pertamina for 15-20 Years
Wednesday, April 13, 2016 Woodside signs agreement to supply up to 1 million tons per annum of liquefied natural gas per year to Pertamina for a period of 15 to 20 years.

Mitsubishi, ExxonMobil Collaborate on Advanced Gas Turbine Technology
Tuesday, April 12, 2016 Mitsubishi to collaborate with ExxonMobil in developing advanced gas turbine technology in order to reduce liquefied natural gas unit costs.

GE Oil & Gas Begins Production of Flexible Risers for Prelude FLNG
Tuesday, April 12, 2016 GE Oil & Gas begins production of flexible risers for the Prelude floating liquefied natural gas facility to be deployed off Western Australia.

ABS Approves HHI's FLNG Hull Design
Tuesday, April 12, 2016 ABS grants approval in principal to Hyundai Heavy Industries for the latter's floating liquefied natural gas hull design.

Woodside Inks Contract for Australia's First LNG-Powered Support Vessel
Tuesday, April 12, 2016 Woodside inks a five-year charter contract with Siem Offshore for Australia's first liquefied natural gas-powered marine support vessel to be delivered in 2017.

Woodside, KOGAS Ink MoU to Extend Partnership
Monday, April 11, 2016 Woodside and Korean Gas ink a memorandum of understanding to extend their partnership.

LNG Backers Face Comatose Market as Oil Shows Signs of Life
Monday, April 11, 2016 As oil markets look for the green shoots of a price recovery, LNG participants are hunkering down for a long winter.

Chevron Sees Australia's Gorgon Project Train 1 Restarting in 30-60 Days
Wednesday, April 06, 2016 Chevron Australia expects to restart production from Train 1 of the Gorgon Project on Barrow Island, Western Australia within 1 to 2 months after shutting it down due to mechanical issues.

Petrobangla, Excelerate Sign Agreement to Build Bangladesh's First FSRU
Monday, April 04, 2016 Petrobangla and Excelerate Energy sign agreement to build Bangladesh's first floating storage and regasification unit.

Inpex Asked to Submit Indonesia's Abadi Project POD Using Onshore LNG Plant
Monday, April 04, 2016 Inpex receives formal notice from the Indonesian authorities to submit a development plan for the Abadi project based on an onshore liquefied natural gas plant.


 
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