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Asian LNG News - page 59

 

Hoegh LNG Vessel to Leave Egypt Before Weekend

Oct 16, 2018

Egypt's petroleum minister said on Tuesday that a regasification vessel would leave Egypt by the end of the week, a day after Norway's Hoegh LNG said Egypt was to give up one of its two floating liquefied natural gas (LNG) terminals.The minister…

Devon Energy Sees Higher US Output in Third Quarter

Oct 16, 2018

Shale producer Devon Energy on Tuesday forecast higher U.S. production for the third quarter from a year earlier, helped by an increase in output of natural gas liquids.Devon now expects output of about 418,000 barrels of oil-equivalent per day boe/d…

India's Petronet LNG says Talks to Invest in Qatar Have Slowed

Oct 15, 2018

India's Petronet LNG Ltd said on Monday its talks to invest in Qatar's exploration and production sector had 'slowed down,' as the company had not been able to reach an agreement on pricing with the Middle Eastern nation.'Qatar is still at a very preliminary stage…

LNG Report: Floating Liquefaction & Regasification

Oct 11, 2018

International Maritime Associates has completed a 12-month study of the global market for floating gas liquefaction plants and floating LNG regasification terminals.   The 150+ page study, published by World Energy Reports, is the most detailed analysis yet made of this growing business sector…

Cyprus Seeks to Construct first LNG Import Terminal by 2020

Oct 11, 2018

Cyprus has invited bids for the development of the country's first liquefied natural gas (LNG) import terminal, which it wants to be ready by 2020, a notice posted on a government procurement site said this week.Cyprus depends almost entirely…

AGL LNG Import Project Slowed by Environment Review

Oct 10, 2018

Plans by Australia's AGL Energy to start importing liquefied natural gas from 2021 will be delayed after the state of Victoria called for the company and its pipeline partner to submit a full environmental assessment of their project.The review process typically takes nine to 12 months…

Japanese Firms Sign Deals to Buy from LNG Canada

Oct 10, 2018

Two Japanese companies have signed agreements to buy liquefied natural gas (LNG) cargoes from the LNG Canada project, Reuters reported.Toho Gas Co signed a basic agreement with a wholly-owned subsidiary of Mitsubishi Corp to buy up to four cargoes or about 0…

Natural Gas is Here to Stay, Big Oil Says

Oct 09, 2018

Energy companies are betting demand for natural gas will rise at break-neck pace for decades, undermining warnings that tackling climate change would require a rapid switch to renewable energy.Top oil companies including Royal Dutch Shell, BP…

CNOOC to Expand Jiangsu Binhai LNG Project

Oct 08, 2018

China's CNOOC plans to expand its LNG project in eastern Jiangsu province to meet rising demand from more regions, state-media China News reported citing a project manager from CNOOC.CNOOC will lift the storage tank facility of each of the four…

Norway Expects Gas Export Price to Fall Until 2021

Oct 08, 2018

Norway expects its gas export price to fall by more than a quarter by 2021 as increasing global liquefied natural gas (LNG) supplies outstrip growth in European demand.Norway's 2019 fiscal budget on Monday showed it expects the average price for Norwegian gas to fall to 2…

IMA Completes 12-month Study of the Floating Liquefaction and Regasification Market

Oct 04, 2018

International Maritime Associates has just completed a 12-month study of the global market for floating gas liquefaction plants and floating LNG regasification terminals. The 150+ page study, published by World Energy Reports, is the most detailed analysis yet made of this growing business sector…

Novatek, Siemens Sign LNG Partnership

Oct 03, 2018

Russia's natural gas producer Novatek and German engineering giant Siemens have signed a strategic partnership agreement that covers cooperation in the liquefied natural gas (LNG) sector.Novatek said in a press release that the agreement was…

Build It and They Will Buy: The New World of LNG Canada

Oct 03, 2018

The first major liquefied natural gas (LNG) project to be approved globally in five years will be built in Canada, but its underlying philosophy appears to be more closely allied to the Australian concept of 'she'll be right, mate.'The LNG Canada…

Putin Says US LNG Uncompetitive in Europe

Oct 03, 2018

Russia's President Vladimir Putin said on Wednesday that liquefied natural gas (LNG) from the United States was uncompetitive in Europe.Putin said at the Russian Energy Week in Moscow that U.S. LNG was 30 percent more expensive compared to Russian…

IAPH Audit Tool for Safe, Sustainable LNG Bunkering

Oct 02, 2018

International players in the shipping sector - International Association of Ports and Harbors (IAPH), Titan LNG, Bureau Veritas, large oil and gas companies such as Shell and ship owners such as NYK and Carnival Corporation - developed a tool for making LNG bunkering safe and sustainable…

Current News

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Andy Home: Copper market is wary of the US tariffs that will follow.
Sources say that OPEC+ will meet on Thursday and likely stick to the planned production increases.
Gold prices rise on demand for safe-havens ahead of US tariffs
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