Liquefaction

Inpex Corporation expects gas production from the seabed for its offshore Ichthys LNG project to start from around the end of the year.

Indian Oil Corp has announced that it is in talks with its partners to search for an alternative, cheaper site for the Pacific Northwest LNG terminal.

According to Reuters, LNG Canada is looking to make an investment decision next year on constructing a new LNG export terminal on the coast of British Columbia, Canada.

Toshiba America Inc. has released a statement announcing the formation of Toshiba America LNG Corp. – a new operating company that will focus on the LNG market.

With a global glut dragging down prices, LNG suppliers are looking to build smaller and cheaper. 

Cheniere Energy is on a track to double its export capacity this year.

According to Reuters, Air Products has won a contract to provide cryogenic coil-wound heat exchanger technology for the Coral South floating LNG project.

Chevron Corp. has released its results for 2Q17, reporting a net income of $1.5 billion ($0.77 per share – diluted).

Royal Dutch Shell Plc has announced that it has not written off its Canadian LNG project in Kitimat.

Cameroon plans to begin exporting LNG later this year using a newly designed offshore plant.

Asian spot LNG prices extended gains with demand coming from India and Japan.

Baker Hughes has announced the premerger Baker Hughes Incorporated financial results for the second quarter of 2017.

Origin Energy Ltd has released a statement confirming that Australia Pacific LNG has concluded the 90-day operational phase of the two-train project finance lenders’ test.

Anadarko Petroleum Corp. has finalised two agreements with the government of Mozambique, enabling it to design, construct and operate the marine facilities for an LNG project in northern Mozambique.

During the three-months ended 30 June 2017, net operating cash outflow was A$4.5 million.