GLNG Top Story archive

18 August 2016, Week 32 Issue 431

Cheniere Energy confirmed last week that its second train at Sabine Pass was in the process of commissioning, with the expectation of “substantial completion” in September of this year. The first...

11 August 2016, Week 31 Issue 430

Japan Oil, Gas and Metals National Corp. (JOGMEC) said last week it had signed loan guarantee agreements supporting Japanese companies in the development of a third train at Tangguh, in Indonesia...

04 August 2016, Week 30 Issue 429

Nova Scotia has approved the construction of a 62.5-km pipeline to feed the proposed Bear Head LNG export facility, according to a subsidiary of Australia’s LNG Ltd (LNGL). This marks the last...

21 July 2016, Week 28 Issue 427

Hawaiian Electric’s planned merger with NextEra Energy has fallen apart, ending the island utility’s plans to use LNG in the US’ 50th state. The company issued a statement on July 19 saying the...

07 July 2016, Week 26 Issue 425

BP gave a final investment decision (FID) for a planned US$8 billion expansion of the Tangguh LNG project in Indonesia, clearing the way for a third train to start operations in 2020. The company...

30 June 2016, Week 25 Issue 424

The UK’s surprise vote to leave the European Union on June 23 clearly has wide implications for its domestic gas and LNG market but will also have an impact on its neighbours. Ireland, an EU...

23 June 2016, Week 24 Issue 423

Golar LNG has launched a 50:50 joint venture with a private equity company, Stonepeak Infrastructure Partners, with a focus on linking LNG and power generation assets. Golar announced the move on...

16 June 2016, Week 23 Issue 422

Total and Oil Search’s convoluted bid for InterOil received a boost on June 14, when a bid to seize control of the target company’s board failed. InterOil, in a statement, said its director...

02 June 2016, Week 21 Issue 420

Japan will cut its planned reliance on nuclear power under an updated energy scheme, which may be published in 2017, Reuters reported last week, citing three sources familiar with the matter. The...

26 May 2016, Week 20 Issue 419

Hawaiian Electric is sharpening a plan to ship LNG and to restructure the islands’ ageing Kahe power plant to burn the fuel. The state-owned utility, in a May 18 statement, said it had reached an...

19 May 2016, Week 19 Issue 418

US LNG exports will drive convergence of natural gas prices between the world’s major gas hubs, while further weakening the link between oil and gas prices, a new report from Fitch Ratings has...

12 May 2016, Week 18 Issue 417

Petronas has launched the hull for its second floating LNG (FLNG) at the Geoje Island, in South Korea, it said in a statement on May 10. The Malaysian company said the facility, PFLNG2, had been...

05 May 2016, Week 17 Issue 416

THE consortium behind the Yamal LNG scheme on Russia’s Arctic coast has drawn down over US$12 billion in loans from Chinese lenders, securing the last funding tranche needed to complete the...

28 April 2016, Week 16 Issue 415

LNG Canada has awarded site preparation work to the Ledcor-Haisla partnership at Kitimat, in British Columbia. A statement from the Ledcor Group noted the award on April 26. First Nations have...

21 April 2016, Week 15 Issue 414

Woodside Petroleum’s production and sales grew in the first quarter of 2016 over the same quarter in 2015, but sales revenues were down 30.3% at US$982 million. The company announced its results...

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