LNG export news

According to Reuters, the head of Total has said that Exxon Mobil Corp. and the government of Papua New Guinea must resume talks so that the US$13 billion expansion of gas production can proceed.

Reuters is reporting that Total has rejected a force majeure notice issued by a Chinese LNG buyer.

According to Reuters, an executive at Cheniere has revealed that the company’s sole Chinese contract customer continues to take committed LNG supplies.

An executive from Japan’s Inpex Corp. is predicting oversupply in the LNG market until mid-2020, at which point they expect demand from southeast Asia and India to pick up.

In the last year, Eesti Gaas has observed increases of almost 50% in its electricity sales and its LNG sales have been buoyed by expansion into foreign markets.

Cheniere Energy, Inc. has announced that Jack Fusco, President and Chief Executive Officer, along with other members of the Cheniere management team, will ring the New York Stock Exchange Opening Bell on 5 February 2020 in celebration of a recent milestone.

According to Reuters, Petronet LNG and Tellurian Inc. are set to sign a deal worth US$2.5 billion during President Donald Trump’s trip to New Delhi, India, this month.

Equatorial Guinea is positioning itself as a hub for gas in the Gulf of Guinea, and hopes to deliver the first successful African cross-border gas venture.

A majority of British Columbians say they support the development of an LNG industry in B.C., according to polling by the Mustel Group (commissioned by the BC LNG Alliance).

Reuters is reporting that Qatar is not keen to renegotiate its long-term LNG deals with India.