GLNG Top Story archive

14 April 2016, Week 14 Issue 413

LNG production reached 244.8 million tonnes in 2015, up 4.7 million tonnes from 2014, according to a report released on April 12 by the International Gas Union (IGU). Volumes in 2015 were the...

24 March 2016, Week 11 Issue 410

The Browse floating LNG (FLNG) project has been dropped, for now, according to Woodside Petroleum. The Australian company, in a statement on March 23, said the development had fallen foul of the “...

17 March 2016, Week 10 Issue 409

Novatek has completed the sale of a 9.9% stake in Yamal LNG to China’s Silk Road Fund, the Russian independent producer said on March 15. The Chinese investor bought its stake for 1.08 billion...

10 March 2016, Week 09 Issue 408

Chevron has announced first production from its Gorgon project, in Western Australia. The development, the world’s most expensive LNG plant at a cost of around US$55 billion, is late and over...

03 March 2016, Week 08 Issue 407

Origin Energy has signed up to supply 500,000 tonnes per year of LNG to China’s ENN LNG Trading for five years, the Australian company said on March 1. Origin said it hoped to convert the non-...

25 February 2016, Week 07 Issue 406

Qatargas has signed a technical collaboration agreement with Maersk Group on the use of LNG as a marine fuel. A memorandum of understanding (MoU) was also signed between Qatargas, Maersk Line and...

18 February 2016, Week 06 Issue 405

Woodside Petroleum’s net profit after tax fell to US$26 million in 2015, the company said on February 17, down from US$2.41 billion in 2014. This was driven by lower oil prices, which hit revenues...

11 February 2016, Week 05 Issue 404

Ghana National Petroleum Corp. (GNPC) has signed a heads of terms deal with Quantum Power on the Tema LNG project, under which gas will be supplied to a floating storage and regasification unit (...

04 February 2016, Week 04 Issue 403

The government has secured land for Tanzania’s delayed US$15 billion LNG project, it has been confirmed.

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