Liquefaction

Operations have been suspended at Peru’s sole LNG plant because of a lack of supply caused by a 3 February pipeline rupture.

NERA has announced funding of AUS$2.1 million for eight national projects aimed at improving the global competitiveness of the sector.

Soaring gas demand from China, India and Southeast Asia is sucking up an LNG supply glut previously expected to last for years.

Gazprom has made the decision to transform the operational structure of its export activities, including marketing and trading.

LNG production from the Sabine Pass export plant in Louisiana will not be affected following an order to shut two cracked storage tanks.

Korea Gas Corp’s move to seek arbitration over the terms of a LNG contract comes as Asian buyers are putting pressure on producers to grant more flexible supply terms.

A dramatic acceleration of a trend toward smaller volumes and shorter tenures for LNG contracts in 2017 highlights the growing commoditisation of the global LNG market.

A move by Korea Gas Corp to seek arbitration over the terms of a LNG contract could herald a shake-up of the region's LNG market.

Cheniere has two 0.7 billion ft3 per day units under construction at Corpus Christi and one at Sabine Pass.

South Korea’s Korea Gas Corp is seeking to settle a dispute over a LNG contract that expired in 2016.

The governments of Mauritania and Senegal have signed an ICA enabling the development of the cross-border Tortue natural gas field to continue moving forward.

The executive who spent more than a decade turning a Gazprom PJSC unit into a global energy trader has left the company.

The policy also seeks to boost domestic production through rollbacks of environmental regulations and expanded energy leasing in federal territories.

Asian spot LNG prices rebounded this week as persistently cold weather in North Asia forced buyers to enter the spot market to replenish inventory.

Italy’s Eni and France’s Total have discovered a promising natural gas field off Cyprus.