Liquified Natural Gas News

 

Keppel Makes First LNG Cargo Import from N. America

Apr 14, 2019

Singapore's Keppel Gas, a wholly owned subsidiary of Keppel Infrastructure Holdings, has completed its first liquefied natural gas (LNG) cargo import under Singapore's spot import policy.The policy allows gas customers in the Republic to import…

U.S. Natural Gas Production Sets New Record

Mar 14, 2019

According to the U.S. Energy Information Agency (EIA), US natural gas production registered an increase by 10.0 billion cubic feet per day in 2018, noting an 11% rise in comparison to 2017.The development reported was the largest annual increase in production on record…

BP, ExxonMobil in Alaska LNG Deal

Mar 13, 2019

Alaska Gasline Development Corp (AGDC) has signed an agreement with BP and Exxon Mobil to help advance the state-owned company's proposed $43.4 billion Alaska liquefied natural gas (LNG) project.According to the agreement, the concerned parties…

Australia's Best Option is LNG Imports

Mar 06, 2019

Australia has painted itself into a corner with its natural gas industry and faces the stark reality that there are no easy choices to alleviate the dual problem of a looming supply crunch and the associated higher prices.Australia is far from the first country to find itself with an energy issue…

LNG Only Fills Niches in Europe

Feb 28, 2019

Although LNG (Liquid Natural Gas) provides a solid supplement to European gas supplies, the EU is and will remain a pipeline market – for good reasons, said Wintershall's new position paper.The report from Germany's largest crude oil and natural…

ExxonMobil Finds Natural Gas Off Cyprus

Feb 28, 2019

U.S. oil and gas major Exxon Mobil Corp said on Thursday it had found natural gas offshore Cyprus, a region already known for some of the world's largest such discoveries.The east Mediterranean island is located in the Levant basin, where both…

Equinor Sells Natural Gas Worth USD26bln in 2018

Feb 22, 2019

Norwegian energy company Equinor has announced its 2018 sales of natural gas totalled $26bn, an increase of 29% from 2017.Equinor sold a total of 100 billion cubic metres (bcm) of gas worldwide in 2018. The company is the second-largest gas supplier to Europe…

Natural Gas Contributes to Low Carbon Future

Feb 21, 2019

Equinor sold natural gas for around $26 billion in total in 2018, an increase of 29 percent from 2017. As more countries prepare for the energy transition, Equinor sees strong market opportunities for gas and expects global demand to grow by around 10% towards 2030…

Elengy's Fos Tonkin LNG Capacity for Sale

Feb 21, 2019

French liquified natural gas (LNG) terminal operator Elengy, a unit of the energy giant Engie, is preparing the sale of access capacities to the Fos Tonkin LNG terminal for the period 2021-2030.Within the sale process, Elengy will offer its potential customers several types of services…

Gazprom to Start Gas Supply to China

Feb 17, 2019

Russian gas giant Gazprom will start supplying Russian natural gas to China via the Power of Siberia pipeline almost one month early than previously planned.Alexey Miller, Chairman of Gazprom Management Committee, said after the negotiations with representatives of Chinese partner CNPC in Beijing…

EIA: Azerbaijan Surges in Natural Gas

Feb 15, 2019

Azerbaijan is an important supplier of crude oil and natural gas in the Caspian Sea region, particularly to European markets, the US Energy Information Administration said in its report.The EIA’s report notes that Azerbaijan’s exports of natural…

Velesto Gets Contract Extension from Hess

Feb 12, 2019

Malaysian drilling contactor Velesto Drilling said that the oil company Hess Exploration and Production Malaysia has extended the contract for the Naga 8 jack-up drilling rig in North Malay Basin, Malaysia.Naga 8 jack-up rig is owned by Velesto Drilling (previously known as UMW Offshore Drilling)…

FLNG Market Grows a CAGR of +93%

Feb 12, 2019

Global floating liquefied natural gas (FLNG) market is growing at a CAGR of +93% during forecast period 2019-2026 as the demand for natural gas has been rising as it is a preferred fuel in power generation in various industries.According to a report from Research N Reports…

Excelerate FSRUs Hit Send-out Milestone

Feb 10, 2019

US-based LNG solutions company Excelerate Energy's  Northeast Gateway Deepwater Terminal (Northeast Gateway), located offshore Boston, reached a peak send-out flow rate of over 800,000 MMBTU per day of natural gas on February 1, 2019, a first for the terminal…

Wintershall Appoints Helge Beuthan to Head ME

Jan 31, 2019

Germany's largest crude oil and natural gas producer Wintershall Holding has appointed Helge Beuthan as new general manager of its Middle East division in Abu Dhabi.Beuthan, the current vice president for global subsurface evaluation, would…

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