Liquefaction

Global engineering, procurement and construction company, KBR, has announced that Lynn Nazareth has been appointed Vice President of Investor Relations.

The International Energy Agency has released its 2016 ‘Medium-Term Gas Market Report’, which forecasts significant shifts in the global gas trade over the next five years.

A new Deloitte report explains why US LNG exporters face a saturated global market.

Venture Global LNG Inc. has announced that it has appointed Terry Newendorp to its Board of Directors.

SCT&E LNG has signed a binding 20-year fixed price natural gas supply agreement.

Toho Gas Co. Ltd has announced that it has entered a sale and purchase agreement with Diamond Gas International Pte. Ltd for the purchase of LNG from the US Cameron LNG project.

According to Reuters, Ophir Energy Plc is still in the process of seeking equity investors for its Fortuna floating LNG project, following Schlumberger’s decision to walk away from the project.

Sarens has announced that Sarens Australia and Sarens Group Projects Division have completed sea lifting works for the Ichthys LNG project’s onshore facilities in Darwin, Australia.

The US Federal Energy Regulatory Commission (FERC) has initiated the pre-filing review process for Driftwood LNG’s proposed liquefaction facility.

Production has resumed at Angola LNG’s terminal in Soyo, following a planned shutdown in 2014.

A new paper from Deloitte suggests that Australian LNG producers must evolve to become accomplished marketers in the global market.

According to Reuters, the Australian contractor UGL Ltd has said that it might need to book a provision of up to AUS$200 million for losses on its work for the Ichthys LNG project.

According to Reuters, Novatek is looking to grow its gas trading business and, therefore, would be interested in a tie-up with Qatargas.

JX Nippon Oil & Energy has announced that it has signed an agreement with Petronas regarding the sale and purchase of equity in Petronas LNG 9 Sdn Bhd.

The Kumul LNG carrier has successfully loaded its first cargo at the Papua New Guinea LNG marine facilities, and the 200th cargo is scheduled to be loaded onto the Spirit of Hela on 4 – 5 June 2016.