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With significant investment going into LNG export projects in the US, Australia and across Asia-Pacific and continued concerns about gas imports into Europe and Asia, LNG is expanding as a major sector of the global gas market that has attracted super-majors and independent companies alike.
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World oil markets have found some support over the last week, but companies are still adjusting to the new price environment.
UK-listed Sound Energy hopes to team up with a local partner to distribute and market production from the small-scale gas liquefaction plant it intends to build at the Tendrara licence area in eastern Morocco.
France’s Total and Algeria’s Sonatrach have agreed to extend their existing LNG supply partnership by three years.
Royal Dutch Shell has agreed to supply two more cargoes of carbon-neutral LNG, as it continues to grow this nascent industry.
Buyers of LNG are reportedly expected to cancel 40-45 cargoes scheduled for loading at US terminals in August.
Tellurian announced this week that Charif Souki had been appointed executive chairman, having been its non-executive chairman since he co-founded the company in 2016. The move has been made in a bid to push forward the proposed Driftwood LNG project.
Aecon has been selected by Coastal GasLink Pipeline to be the prime contractor for construction of compressor and meter stations. The announcement comes as Coastal GasLink is preparing to launch its summer construction programme.
Welcome to the seventh edition of NewsBase’s Roundup Global (NRG), in which our team of international editors provide you with a snapshot of some of the key issues affecting their regional beats.
South Africa’s Renergen is working with a subsidiary of France’s Total on the marketing and distribution of LNG.
US LNG producers are trying to attract new buyers as cancellations of some contracted cargoes kick in.
Japanese LNG demand is not expected to recover fully this year, owing to the ongoing economic fallout from the country’s coronavirus (COVID-19) lockdown coupled with higher than normal stockpiles of the fuel.
Australia Pacific LNG (APLNG) is set to buy out its junior partner in a coal-bed methane (CBM) development project in Queensland’s Surat Basin.
The launch of India’s first natural gas exchange, coupled with recent changes to regulations governing liquefied natural gas (LNG) refuelling stations, should help boost the super-chilled fuel’s market penetration.
US-based Venture Global LNG has been authorised by regulators to proceed with limited site preparation for its Plaquemines LNG project in Louisiana.
ExxonMobil could be considering a major investment in Vietnam’s gas-fired generating sector