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LNG

 
 

Mitsui and Far East sign MOU

Mitsui O.S.K. Lines and Far East Investment and Export Agency sign Memorandum of Understanding regarding cooperation for the development of the Northern Sea Route and Russian Far East.

 
 
 
 

ExxonMobil shuts PNG gas conditioning plant

ExxonMobil Corp has shut its Hides gas conditioning plant in Papua New Guinea after a powerful 7.5 magnitude earthquake hit the country’s Southern Highlands province.

 
 
 
 
 

Novatek sees LNG demand forecast rising

Russia’s Novatek sees a global glut in LNG dwindling rapidly due to lack of the new projects while future LNG demand will increase.