Illustration purposes only (Image courtesy of GAIL) State-run gas company GAIL India on Tuesday reportedly offered a cargo of liquefied natural gas (LNG) loading from the United States on June 27-29, 2019. Citing two traders, Reuters stated that GAIL made the LNG cargo offer on Tuesday. According to the news agency,
Japan’s January LNG imports drop
zoomImage courtesy of Tepco Japanese imports of liquefied natural gas (LNG) declined 8.7 percent in January when compared to the same month a year ago, according to the provisional data released by Japan’s Ministry of Finance. Japan, the world’s top LNG buyer, imported 7.55 million tonnes of LNG last month
China to increase LNG import capacity in Guangdong
Illustration purposes only (Image courtesy of Guangdong Dapeng LNG) China is lining up the construction of new LNG import facilities while also expanding its existing LNG terminal in the Greater Bay area. The area includes the cities of Hong Kong, Macau and nine other neighboring cities in the Guangdong province,
LNG Limited inks Bear Head benefits and labour deals
zoomImage courtesy of LNG Limited Perth-based LNG Limited said its Bear Head LNG company signed agreements with the Assembly of Nova Scotia Mi’kmaq Chiefs (Assembly) and the Nova Scotia Construction Labour Relations Association Limited and Cape Breton Unions. Bear Head LNG signed a mutual benefits agreement with the Assembly, with both parties commiting
UFG denies agreement on Damietta LNG plant restart
zoomImage courtesy of UFG Union Fenosa Gas (UFG) said its negotiations with the Egyptian government over the restart of the Damietta liquefied natural gas (LNG) export plant are ongoing, however, no agreement has yet been reached. Progress has been made but the guarantees offered are not sufficient to reach the comprehensive agreement
Oil Search 2018 profit jumps despite earthquake effects
zoomImage courtesy of Oil Search The Papua New Guinea-focused oil and gas producer, Oil Search reported an increase in its full-year 2018 net profit despite its operations being affected by the February earthquake in PNG highlands. Oil Search noted its profit after tax reached $341 million for 2018, 13 percent above the
GTT scores LNG tank design order from Samsung Heavy Industries
Image courtesy of GTT/Roland Mouron French LNG containment specialist GTT has received an order from Samsung Heavy Industries (SHI) for a tank design on a new 174,000-cubic meter LNG carrier. GTT said on Monday that the order by SHI was made on behalf of the Danish ship-owner Navigare. The company
Anadarko signs Mozambique LNG SPA with Pertamina
zoomImage courtesy of Anadarko The Woodlands-based Anadarko Petroleum said it has firmed up another Mozambique LNG sale and purchase agreement, agreeing to supply 1 mtpa to Indonesia’s state-owned oil and gas company Pertamina. The deal signed by Mozambique LNG1 Company, the jointly owned sales entity of the Mozambique Area 1 co-venturers,
Origin Energy sells Ironbark gas project to APLNG
zoomImage courtesy of Origin Energy Australia’s power and gas retailer Origin Energy has agreed to sell its Ironbark onshore coal seam gas project to Australia Pacific LNG for A$231 million ($164 million). The Ironbark project, located in Queensland’s Surat Basin, has 129 PJ of 2P reserves and 192 PJ of
Air Products with Golden Pass LNG equipment deal
zoomImage courtesy of Air Products US-based LNG equipment maker, AirProducts, on Tuesday said it has been contracted to provide its technology, equipment and related process license for Golden Pass LNG export project in Sabine Pass, Texas. LNG giant Qatar Petroleum and US energy juggernaut ExxonMobil have taken the final investment