Regasification

Saipem has been awarded a new contract in Thailand for the engineering, procurement, construction and commissioning of the Nong Fab LNG terminal.

The average contract price for spot LNG cargoes for shipment to Japan fell to a seven-month low last month.

A university spin-out and a Scottish Innovation Centre are joining forces to tackle a huge challenge for the oil and gas sector.

The Al Jassasiya is the 600th carrier that has arrived at the regasification terminal.

Spot prices for Asian LNG climbed towards US$10 per mmBtu, spurred by firm demand from China and gas plant maintenance denting supply.

Pakistan’s anti-corruption agency has approved an inquiry into former prime minister Shahid Khaqan Abbasi and his predecessor Nawaz Sharif over a LNG terminal project.

The hydrocarbon segment led the Turboexpander Market in 2017.

In 2018, the government of Qatar announced plans to boost LNG production up by 30%.

Gail received its first LNG cargo from Russia at the western city of Dahej on 4 June.

CNOOC have secured a time charter with Höegh LNG for the FSRU Höegh Esperanza.

LNG Limited has entered into a binding subscription agreement for a share placement of fully paid ordinary shares.

A consortium including Japan’s JERA Co and Marubeni Corp aiming to ship LNG to Australia’s east coast has chosen a site south of Sydney at Port Kembla for an import terminal.

Gas Natural has given up on a long-standing project to build a liquefied natural gas facility in northern Italy after years of slow progress.

On 25 May the 50th LNG reloading operation took place at the LNG terminal operated by KN (AB Klaipedos Nafta).

Asian spot LNG prices breached the US$9 per mmBtu mark this week.