Regasification

South America is investing heavily in LNG to secure energy supply and potentially earn export dollars sending LNG to the lucrative North American market.

The Annual Energy Outlook presents a projection and analysis of US energy supply, demand, and prices through 2035.

Pakistan’s Supreme Court has nullified a deal between Pakistan’s Petroleum Ministry and GDF Suez for the supply of LNG after it emerged a lower bid was not even considered.

Shell officials have stated that the Middle East will struggle to keep enough investment to meet the demand for natural gas over the next two decades.

Icon Energy has signed a memorandum of understanding to supply China with LNG, the move has sparked a massive increase in the company’s share price.

The South Hook terminal has commissioned the final stages of the terminal’s equipment, effectively doubling capacity at the plant in Milford Haven.

China National Offshore Oil Corp. (CNOOC) has signed an agreement with BG Group of Australia for the purchase of 3.6 million tpy of LNG for the next 20 years.

LNG terminal on Croatia’s Adriatic coast finally receives environmental approval.

Qatar has agreed to supply an additional 4 million tpa of LNG to India by 2014.

Polskie LNG SA has been receiving bids and arranged finance for Poland’s first LNG terminal to diversify gas supply.

An overview of the North American natural gas industry

Cold weather has boosted prices for LNG, drawing extra tankers to the US.

The Winter issue of LNG Industry magazine contains a regional report on the current place of LNG in the European energy mix. Here we present some of the highlights of the report.

The credit crunch and an uncertain market have hit the global LNG industry, which had been steadily growing during the period 2003 - 08. LNG demand (a function of natural gas demand) is low across the globe, yet it is set to pick up post 2012 and rise until 2015.

OPITO – The Oil and Gas Academy, is focusing on attracting skills and talent to the oil and gas industry, through its ‘Energise Your Future’ event, which took place at this year’s Offshore Europe in Aberdeen.