Natural gas news

According to Reuters, plans to construct a US$2 billion LNG project in the Philippines have been put on hold by backers CNOOC Gas and Power and Phoenix Petroleum Philippines Inc.

The tender procedure to all operators in the LNG market for the Peak Shaving service, organised by Adriatic LNG for the Italian Ministry of Economic Development, was recently completed.

Wood Mackenzie has released a statement claiming Northwest Europe needs more regasification capacity – both to meet the region’s growing demand and to soak up surplus volumes of LNG.

The Papua New Guinea State Negotiating Team has released a statement, reaffirming its position in relation to the P’nyang Field.

Germany’s gas imports have increased by 25.6% year-on-year in the first nine months of 2019.

Chart Industries has joined SEA\LNG, expanding the coalition's membership breadth.

Gazprom has decided to focus on LNG over shale gas moving forward, in light of the projected global growth prospects of both industries.

PGNiG has announced that, having obtained the necessary corporate approvals, it has notified PAO Gazprom and OOO Gazprom Export of its intention to terminate the contract for the purchase and sale of natural gas into Poland.

According to Reuters, the Papua New Guinea Minister for Petroleum, Kerenga Kua, has said that the country is set to begin talks with Exxon Mobil Corp. to try and negotiate better terms from the P’Nyang Gas Project.

Woodside has announced that it has agreed the tolling price with BHP for processing gas from the Scarborough offshore field at the Pluto LNG facility on Western Australia’s Burrup Peninsula.