LNG news updates

According to Oil Search, the current low LNG spot prices will have no impact on a long-term contract arbitration being held between Osaka Gas and the PNG LNG project.

Santos has released a statement announcing its 1H19 results, reporting both record EBITDAX and underlying profit.

Australia’s Ichthys LNG project is offering a cargo for loading in mid-September.

Höegh LNG has released interim results for the quarter and half ended 30 June 2019.

According to Reuters, Noble Group Holdings is planning to reconstruct its LNG and core energy businesses and develop rare earths.

Chart Industries, Inc. receives full notice to proceed with its contribution to Venture Global’s Calcasieu Pass LNG export terminal project.

PitPoint’s LNG bunker station tank has been successfully filled with LNG for the first time by its partner Prima LNG.

Gasum has announced that the Seinäjoki gas filling station has been officially opened in Roves industrial area at Piirturinväylä 1, Finland.

Norway’s Equinor and Russia’s Gazprom have lost market share as a result of the LNG import surge that has occurred over the past 10 months.

Nexant has released a statement announcing the addition of a new Vice President, Honn Tudor, to the Energy & Chemical Advisory (E&CA) team located in Houston, Texas, US.

Okra Energy USA has been awarded an exclusivity contract for LNG development in Latin America.

TruMarx Data Partners, Inc., the developer of the COMET energy marketplace, has announced that W.K. Chan, formerly of Platts, and Sam Farooki, an oil and gas industry veteran, have been appointed to its LNG advisory committee.

Baker Hughes, a GE company has announced that it has won a contract and been granted notice to proceed on the construction of its comprehensive LNG technology solution for Venture Global LNG’s Calcasieu Pass project.

Large volumes of LNG exports from Argentina are far from being reality due to production not meeting demand, says GlobalData.

Oil Search has warned that if talks between Total SA and the government of Papua New Guinea continue beyond August, costs for a plan to double gas exports from the country could rise.

McDermott International Inc., along with its partners, Chiyoda International Corp. and Zachry Group, has announced that Train 1 of the Freeport LNG project on Quintana Island in Freeport, Texas, US, has started producing LNG.

Flex LNG Ltd. has released its interim financial information for 2Q19.

Gloryholder Liquefied Gas Machinery (DL) Co. Ltd (LGM) has announced that it has signed a contract to design and supply the LNG fuel gas supply systems for two 22 000 DWT chemical tankers with Wuhu Shipyard Co. Ltd.

Asia will reportedly lead the global LNG regasification industry in capacity growth from newbuild projects by 2023, says GlobalData.

McDermott International Inc. has released a statement commenting on the recent announcement that Train 1 at the Cameron LNG project in Hackberry, Louisiana, US, has commenced operations.

Venture Global LNG has announced the closing of the project financing for the Calcasieu Pass LNG facility and associated TransCameron pipeline in Cameron Parish, Louisiana.

Sempra LNG has announced that the first liquefaction train at the Cameron LNG project in Hackberry, Louisiana, US, has started commercial operations under the project’s tolling agreements.

According to Reuters, low LNG spot prices are having little impact in Asian markets, while the European import market has seen a significant boost.

The Scottish Government has announced that it has reached an agreement with administrators to take the Ferguson Marine shipyard in Port Glasgow into public control.