LNG market plagued by surplus capacity
LNG liquefaction production has grown dramatically over the past ten years.
LNG liquefaction production has grown dramatically over the past ten years.
LNG Limited has announced that John Baguley has been appointed Chief Operating Officer.
Asian spot LNG prices edged lower this week as the early restart of Chevron's Gorgon production facility in Australia weighed on sentiment.
LNG Limited has announced that it has decided to no longer fund the costs associated with maintaining the Fisherman’s Landing LNG Project and to exit the project.
Commodities traders have grown concerned Qatar's LNG could be barred from Saudi Arabia or from traversing Egypt's Suez Canal.
The delivery is part of a seven and a half year deal signed in 2016.
Canadian energy company Fortis Inc could beat its annual 5% growth target with new LNG and power transmission projects.
The Middle Eastern rift between Qatar and Saudi Arabia has stoked concern over supply disruptions spilling over into global gas markets.
Woodfibre LNG Ltd has announced that the Canadian government has approved a 40-year export licence for the Woodfibre LNG Project in Squamish, British Columbia, Canada.
Petronet LNG buys 8.5 million tpy of LNG from Qatar under a long-term contract
Gazprom has announced that it has signed a heads of agreement with Royal Dutch Shell at the St Petersburg International Economic Forum 2017 to establish a joint venture.
Saudi Arabia, Egypt, the United Arab Emirates and Bahrain severed their ties with Qatar on 5 June.
The project would cost US$8 billion and LNG exports were expected to start in 2022.
The study is expected to be completed before the end of this year.
TASS news agency cited Saudi Energy Minister Khalid al-Falih.