LNG - 23 February 2017

Xpress Natural Gas LLC – a full-service CNG and LNG provider with operations in the US and eastern Canada – has announced that it has appointed two key executives to leadership roles.

In Moody’s latest report, it expects LNG prices to remain constrained beyond 2020, as a wave of new supply capacity comes online at a time when demand from the world’s largest importers is declining.

The US is expected to become a net exporter of natural gas on an average annual basis by 2018.

General Dynamics NASSCO has announced that the Liberty – the third and final ship constructed as part of the ECO Class tanker programme for SEACOR – has been taken to sea for testing and trials.

Donald Gongaware has joined Okra Energy as Chief Process and Innovation Officer.

Iran is hard at work gaining a foothold in the global energy market.

Chart Ferox has hosted a delegation from Proviridis at the Ferox facility and concluded an agreement for a second, Chart designed and constructed, natural gas fuelling station.