Malaysia LNG exports hit four year low on pipeline issues
Petronas yet to resume operations at gas pipeline after leak.
Liquefaction
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New wave of mega LNG projects is approaching
A new race to build multi-billion dollar LNG plants is gaining momentum after a long hiatus in investments as energy giants sense a widening supply gap within five years.
China tariffs on LNG aim at US energy dominance agenda
China’s proposed tariffs on US LNG and crude oil exports opens a new front in the trade war between the two countries.
Mozambique LNG update from Anadarko at WGC18
Mozambique LNG is experiencing significant cost savings and its FID is expected in H1 2019.
Oil Search resumes operations at PNG Agogo production facility
Lower output at a key LNG project in Papua New Guinea, the PNG LNG project, led to an 18% fall in Oil Search’s first-half revenue after it was also damaged in the quake.
US bets on new European LNG terminals
US President Donald Trump expects the EU to fund 9 to 11 LNG ports to absorb more shipments from the US but current EU investment in new projects will only help open small markets.
Producers urge US regulators to approve Cheniere Oklahoma pipeline
Exploration and production companies urged US federal energy regulators to expedite approval of Cheniere Energy Inc’s proposed US$1.025 billion Midship natural gas pipeline in Oklahoma.
Prices rise as heat grips Japan
Asian spot LNG prices rose as a heatwave gripped Japan and high temperatures swept across South Korea and parts of China.
South Korea to lower LNG tax for power generation
South Korea plans to increase its tax on thermal coal, while lowering the tax on LNG to support the use of cleaner fuels for power generation.
Darwin seeks to become world-class LNG export hub
Australia’s tropical city of Darwin wants to establish itself as a world-scale energy export hub, building on its closeness to demand centres in Asia and abundant nearby natural gas resources.
Project NLNG Train 7 in Nigeria
Saipem has been assigned by Nigeria LNG Limited a new contract for the FEED and the preparation of the EPC proposal for the NLNG T7 Project.
JAXPORT LNG terminal officially opens
Eagle LNG Partners has officially opened Jacksonville’s first LNG plant.
Wison awarded contract by Western LNG
Wison Offshore & Marine has been awarded a FEED contract for a floating liquefaction project by Western LNG LLC.
Total acquires two gas power plants
Total has announced that it has signed an agreement with KKR-Energas to acquire its two gas-fired combined cycle power plants in the North and East of France.
Shell launches US$25 billion buyback plan
Royal Dutch Shell launched a long-anticipated US$25 billion share buyback programme on 26 July as its debt eased while second quarter profits came in far below forecasts.