Natural gas news

Pao Novatek has announced that its latest AGM has approved the election of members to its Board of Directors.

Golar LNG Ltd has announced that Gimi MS Corp. – a 70% owned subsidiary of Golar – has received a firm US$700 million underwritten financing commitment for the Gimi floating LNG unit.

Santos has released a statement announcing the successful appraisal of the Corvus field, with Corvus-2 confirming a significant gas resource in the Carnarvon Basin, which is located offshore Western Australia.

ConocoPhillips has announced that it has completed the previously announced transaction to sell its 30% interest in the Greater Sunrise Fields to the government of Timor-Leste for US$350 million plus customary adjustments.

Landmark Well-to-Wake study represents definitive figures for GHG emissions and confirms LNG as major contributor in meeting IMO’s 2050 GHG targets for shipping.

According to Cornwall Insight, 1Q19 saw a significant change to the UK’s gas supply mix, as gas interconnector imports have started to become displaced by a surge in LNG imports.

KBR has announced that BP has awarded KBR’s UK operating subsidiary the pre-FEED services contract for phases 2 and 3 of BP’s Greater Tortue Ahmeyim project, for the further development of the Tortue field beyond phase 1.

Tellurian has announced that its subsidiary, Permian Global Access Pipeline LLC, is carrying out a binding open season to secure prospective shippers for its proposed PGAP project.

China’s natural gas demand is expected to grow by 14% in 2019.

Woodside has signed a Heads of Agreement (HOA) with ENN Group for the sale of 1 million tpy of LNG.