LNG

Reuters reports that a new LNG trading desk is being established by Switzerland-based MET International AG.

“These amendments are about having the best safety standards in place, while clarifying the regulatory environment for industry,” stated Minister of Natural Gas Development, Rich Coleman.

The Ineos Intrepid has left the Markus Hook terminal carrying US shale gas ethane bound for Rafnes in Norway.

Bloomberg reports that Japan’s Shizuoka Gas Co. will be ready to begin LNG reloading operations at its Sodeshi terminal in April 2016.

Utilising its proprietary global gas model, Wood Mackenzie has carried out sensitivity analysis determining the outlook for LNG exports from the US.

Sembcorp Marine has purchased an additional 44% stake in Gravifloat, increasing its stake in the company to 56%.

Exmar and PEP have agreed to terminate a Liquefaction and Storage Agreement for the deployment of CFLNG in Colombia.

The Board of AB Klaipedos Nafta has announced that the company’s shareholders have approved the decision to enter into an EPC contract for the proposed Klaipeda LNG reloading station.

Petronas has denied accusations that it will walk away from the Pacific NorthWest LNG project in Canada if it does not receive federal approval by the end of March 2016.

Rolls-Royce has announced that it has signed a US$6.5 million contract with Tersan Shipyard in Turkey to supply an LNG propulsion package for a cargo carrier designed by NSK Ship Design.

Triloma EIG Global Energy Fund has started investment operations with an investment in senior secured notes issued by Sabine Pass Liquefaction.

Chevron Corp. recently hosted its annual security analyst meeting in New York, US, where executives expressed confidence in the company's near term outlook.

Andrew Bout, Eka Software, Canada, discusses the important role that energy trading and risk management software plays in the LNG supply chain.

EVOL LNG has been awarded the Doray Minerals' Deflector LNG contract.

Elliott Group has released a statement claiming that it has entered into an agreement with the Linde Group’s Engineering Division regarding cooperation in the small to mid scale LNG business.