Regasification

Billionaire miner Andrew Forrest and two of Japan’s biggest power companies plan to build a LNG import terminal in Australia by 2020.

A consortium including Japan’s JERA and Marubeni Corp is aiming to ship LNG to Australia’s east coast.

The rollercoaster that drags LNG prices higher as demand jumps in the northern hemisphere winter is going into overdrive.

Russia’s Novatek sees a global glut in LNG dwindling rapidly due to lack of the new projects while future LNG demand will increase.

Together with Pakistan and India, Bangladesh is making South Asia a hotspot for LNG demand.

The world’s most populous nation rushed to shore up supplies ahead of another cold snap.

Europe’s LNG dry spell may end thanks to a surprising cold snap.

Santos Ltd is in talks with China’s ENN Group to form a LNG joint venture to supply China.

Egypt faces a possible over-abundance of natural gas after two Israeli companies proposed a US$15 billion supply deal.

Energy World Corp expects to start up a gas-fired power plant in the Philippines by end-2018, fed by the country’s first LNG imports.

Australia’s Woodside Petroleum on Wednesday lashed out at Korea Gas Corp over a dispute it has with the South Korean company.

Reports suggest that Russia and Saudi Arabia are seeking ways to build on the success of their cooperation in the oil market, by agreeing new energy agreements which include an LNG project.

Hexagon Lincoln has been awarded a contract to supply high-pressure CNG TITAN® tanks for fuel storage onboard a LNG gas supply vessel being built for Babcock Schulte Energy.

Soaring gas demand from China, India and Southeast Asia is sucking up an LNG supply glut previously expected to last for years.

Korea Gas Corp’s move to seek arbitration over the terms of a LNG contract comes as Asian buyers are putting pressure on producers to grant more flexible supply terms.