
China's LNG prices highest since 2011
China’s domestic prices for LNG on 27 November topped US$1061 a tonne.
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China’s domestic prices for LNG on 27 November topped US$1061 a tonne.

Qatari gas producers QatarGas and RasGas this week began implementing job cuts that had been postponed.

Hoegh LNG has cancelled a deal to provide a floating import terminal for a LNG project being developed by GEI.

Gazprom Gazomotornoye Toplivo and Yacimientos Petroliferos Fiscales Bolivianos (YPFB) have signed a Memorandum of Intent to set up a joint venture.

DNV GL has granted Dreifa Energy’s FRU concept ‘Approval in Principle’.

Ophir Energy has postponed its final investment decision on a proposed US$2 billion LNG project in Equatorial Guinea until early 2018.

Gazprom Management Committee has approved the company’s investment program and budget for 2018.

Pao Novatek has announced its acquisition of Severneft-Urengoy from EuroChem.

ExxonMobil has evacuated non-essential staff working in the highlands of Papua New Guinea due to unrest in the area.

China’s imports of LNG in October nearly doubled from the same month a year ago.

The tender launched on 7 November by OLT Offshore LNG Toscana for the FSRU Toscana terminal was successfully concluded with the awarding of the Peak Shaving service.

Shell, BP and six other major energy providers have committed to reducing methane emissions from the natural gas assets.