Liquefaction

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 is experiencing significant cost savings and its FID is expected in H1 2019.

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 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.

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.

Asian spot LNG prices rose as a heatwave gripped Japan and high temperatures swept across South Korea and parts of China.

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.

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.

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.

Eagle LNG Partners has officially opened Jacksonville’s first LNG plant.

Wison Offshore & Marine has been awarded a FEED contract for a floating liquefaction project by Western LNG LLC.

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.

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.

Equinor said on 26 July that Q2 adjusted operating income rose from a year ago but missed forecasts due to higher maintenance costs at its Norwegian fields.

The US Energy Department on 25 July cleared the way for faster approval of small scale exports of natural gas including LNG to Latin American countries.