LNG project news

Tellurian Inc. has released its financial results for 2Q17, reporting a net loss of approximately US$33 million.

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.

Norsafe has announced it has secured its largest ever offshore contract to provide lifesaving appliances for ENI’s Coral South floating LNG unit.

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.

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.

Yamal LNG has announced that the Christophe de Margerie LNG tanker has entered the Kara Sea, and commenced its first LNG cargo journey through the Northern Sea Route.

According to Reuters, Air Products has won a contract to provide cryogenic coil-wound heat exchanger technology for the Coral South floating LNG project.

Chevron Corp. has released its results for 2Q17, reporting a net income of $1.5 billion ($0.77 per share – diluted).

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.

Anadarko Petroleum Corp. has finalised two agreements with the government of Mozambique, enabling it to design, construct and operate the marine facilities for an LNG project in northern Mozambique.