Liquefaction

South Korea’s Korea Gas Corp is seeking to settle a dispute over a LNG contract that expired in 2016.

The governments of Mauritania and Senegal have signed an ICA enabling the development of the cross-border Tortue natural gas field to continue moving forward.

The executive who spent more than a decade turning a Gazprom PJSC unit into a global energy trader has left the company.

The policy also seeks to boost domestic production through rollbacks of environmental regulations and expanded energy leasing in federal territories.

Asian spot LNG prices rebounded this week as persistently cold weather in North Asia forced buyers to enter the spot market to replenish inventory.

Italy’s Eni and France’s Total have discovered a promising natural gas field off Cyprus.

The Ichthys LNG project in Australia is likely to see further cost blowouts and possible delays in production.

Gazprom announced that it expected debt repayments to peak in 2018 and investments to peak between 2018 and 2020 as it boosted spending on major pipeline projects.

China’s natural gas production is rising at the fastest pace in four years.

Chevron Corp has sold the first condensate cargo to be exported from the Wheatstone LNG project in Australia to Thailand’s PTT.

Further patents have been awarded to Gasconsult for the ZR-LNG liquefaction process in South Korea and Australia.

Asian spot LNG prices eased further this week on expectations of reduced buying.

US refiner Andeavor announced on 2 February that it had acquired a LNG plant from ConocoPhillips.

LNG terminals are shrinking in order to provide more flexible supply deals.

The tanker Gaselys docked just north of Boston on 28 January.