LNG export news
Woodside expecting first LNG cargo from Wheatstone in September
According to Reuters, Woodside Petroleum is expecting the Wheatstone LNG project to produce its first cargo in September this year.
API welcomes decision to reject challenges to Freeport LNG exports
API has welcomed the D.C. Circuit Court of Appeals’ decision to reject arguments that oppose the DoE’s LNG export authorisation issued to the Freeport LNG terminal, and affirm a reasonable permitting process for extra LNG export facilities across the US.
Faltering supply prompts short-covering price rally
Asian spot LNG prices gained ground this week with traders and portfolio players engaged in short-covering.
Tellurian releases 2Q17 financial results
Tellurian Inc. has released its financial results for 2Q17, reporting a net loss of approximately US$33 million.
Global LNG prices firm on demand from South Korea and Taiwan
Asian spot LNG prices rose this week as South Korean importers and Taiwan showed appetite.
AGDC gains tax-exemption status
Alaska Gasline Development Corp. has announced that it has qualified as a tax-exempt political subdivision of the State of Alaska under new and more stringent proposed IRS regulations.
LNG Canada expects FID next year
According to Reuters, LNG Canada is looking to make an investment decision next year on constructing a new LNG export terminal on the coast of British Columbia, Canada.
New Toshiba business to focus on the LNG market
Toshiba America Inc. has released a statement announcing the formation of Toshiba America LNG Corp. – a new operating company that will focus on the LNG market.
Wheatstone LNG first production expected imminently
Chevron Corp. has released its results for 2Q17, reporting a net income of $1.5 billion ($0.77 per share – diluted).
Operational phase of APLNG lenders’ test complete
Origin Energy Ltd has released a statement confirming that Australia Pacific LNG has concluded the 90-day operational phase of the two-train project finance lenders’ test.