LNG

Cedigaz has confirmed that the global downward trend in gas demand continues with marketed natural gas production increasing by only 1.3% to 3445 billion m3 in 2014.

Lloyd’s Register Energy has introduced a guidance note to deal with hazardous situations on LNG installations.

The Prime Minister’s of Lithuania and Israel recently met to discuss the possibility of LNG imports from Israel.

The proceeds from the private placement will be used to support Höegh LNG’s strategy to become a leading provider of FLNG services.

CME Group and Rim Intelligence have signed an exclusive license agreement for DES Japan LNG.

Mitsubishi Heavy Industries has received two orders for its Sayaringo STaGE LNG carriers, which will be delivered to two joint ventures established by Chubu Electric Power with NYK and MOL line.

The terminal would allow the authorities to take advantage of the favourable global LNG prices.

Armour Energy Ltd has issued a statement advising its shareholders to reject a takeover bid from Westside Corp. Ltd.

The new LNG carrier, equipped with NO96-GW technology, will be owned and operated by Chandris.

Bureau Veritas has finalised the acquisition of hydrodynamic digital simulation experts HydrOcean.

Valmet Corp. will supply an automation system for an LNG-fuelled fast ferry operated by Tallink.

Venture Global has announced that its subsidiaries have submitted a joint application to FERC after 11 months of engagement.

Woodside has issued a merger proposal to Oil Search Ltd.

Experts predict that if partners are found, it will take approximately two years for exports to begin.

Gazprom has held various meetings at the Eastern Economic Forum to discuss its relationships within the LNG industry.