Wood Mackenzie has announced that Egypt’s gas market is set to undergo profound changes within the next five years, and claims that these could impact the global LNG market, with Egypt positioning itself as a prominent seasonal player.
Ophir has released an update on its asset portfolio and trading for the year ended 31 December 2016.
The biggest divergence between US and Asian gas prices in a year has created an opportunity for tankers delivering LNG.
Deck machinery specialist ACE Winches has announced that it has secured a spooling contract with Oceaneering for Shell’s Prelude floating LNG project.
Evergas has released a statement claiming that it has successfully held a name-giving ceremony for its latest multigas LNG carrier.
Texas LNG Brownsville LLC has announced that it has executed detailed non-binding term sheets with four independent LNG buyers in Southeast Asia and China for a volume of 3.1 million tpy.
Europe will have to pay a premium to stay warm as the year has starts off with a cold snap.
Mitsubishi Corp. has announced plans for a new LNG carrier to be deployed to the Cameron LNG project in the US.
Gasconsult has announced that it has formed an agreement with Osomo Projects BV to jointly pursue small scale and biogas liquefaction projects with capacities up to 70 000 tpy.
Armour Energy has signed gas sales agreements with Australia Pacific LNG Marketing Pty Ltd for the supply of gas from Armour’s Kincora project to Australia Pacific LNG over a minimum period of five years.
JERA Co. Inc. has announced that an LNG cargo produced in the lower 48 US states has arrived at Chubu Electric Power Co.’s Joetsu LNG terminal, marking the first import of US LNG into Japan.
Charlie Riedl, the Executive Director of the CLNG, has issued a statement following the release of the US EIA’s AEO2017.
The EIA has predicted that the US will become a net energy exporter in most cases as its petroleum liquid imports fall and natural gas exports rise.
LNG is expected to dominate US natural gas exports by the early-2020s as it becomes one of the world’s leading producers.
According to Reuters, the Angola LNG export facility has resumed production after being taken offline around 22 December 2016.