LNG

Over US$114bn in capital expenditure will be spent over the lifetime of the top ten upcoming oil and gas upstream projects in Oceania.

INPEX has announced that the commissioning of the Ichthys LNG project’s first train, FPSO facility, and subsea production systems has been completed in view of readiness for production startup.

China’s LNG imports fell in February from a record high in January.

Wärtsilä has agreed to equip two new shuttle tankers with auxiliary engines, VOC recovery technology, and LNG fuel gas handling systems.

US President Donald Trump may be helping to revive Canada’s dream of a LNG export industry to supply growing markets in Asia.

Planned steel tariffs and a potential trade battle with China could hurt US LNG companies just as a new wave of developments in the fast-growing market is gaining steam.

LNG trade is set to surpass 300 million tpy for the first time this year as Asia and Europe drive up imports.

Saad Sherida Al-Kaabi met with Indian energy officials to discuss bilateral cooperation between the two nations, particularly in the LNG sector.

Liqal has agreed to build a new LNG refuelling station for the Belgian transport company Remitrans.

The LNG Canada LNG project is on track for a final investment decision later this year, an official for the province of British Columbia said on 22 March.

GTT has received an order from HSHI for the design of the LNG tanks of two new LNG carriers.

British wholesale gas prices declined on 22 March, driven by forecasts for milder weather and a boost to British supplies from the arrival this month of two LNG vessels.

Thailand’s PTT Exploration and Production is looking closer to home for upstream oil and gas assets in a drive to boost its reserves and production as oil prices have recovered.

Kuwait’s oil minister announced that Kuwait Petroleum Corporation has signed an agreement with an international company for long-term supply of LNG.

Pao Novatek has obtained a federal patent for its new natural gas liquefaction technology.