LNG - 08 April 2015

Wholesale power prices have hit another four-year low with gas oversupply, ICIS reports.

Bestobell Marine has received two contracts to fit its cryogenic globe and check valves on LNG re-liquefaction applications.

Ben Wetherall, Head of Gas at ICIS, explains why the UK is well positioned to capitalise on shifts in global gas supplies.

Petronet has found new ways to enhance the utilisation of the Kochi LNG terminal in India.

Alfa Laval and DSME have entered into a patent licence agreement for the use of DSME’s patents on high pressure fuel gas supply systems.

The discovery provides future tie-back potential to Woodside’s existing Pluto infrastructure.

According to Moody’s, LNG suppliers are curtailing capital budgets amid low oil prices and an imminent glut of new supply.

Shell has agreed to purchase BG Group in a deal valued at £47 billion.