zoomIllustration purposes only (Image courtesy ConocoPhillips) The Australian government has unveiled a new set of rules in its push to secure the natural gas supply for the domestic market. In a joint statement by the treasurer Josh Frydenberg and the minister of energy and emissions reduction, Angus Taylor, noted that
Angola LNG floats single-cargo tender
Image courtesy of Bechtel Chevron-led Angola LNG project in Soyo has reportedly floated a tender to sell a single cargo of the chilled fuel. Citing sources, Reuters reports that the facility has offered a cargo for delivery later this month or early September. The cargo is for delivery to Europe
Lithuanian LNG terminal posts highest six-month figures
zoomImage courtesy of Klaipedos Nafta Lithuanian liquefied natural gas terminal operator Klaipedos Nafta (KN) reported the highest six-month figures at the facility since it started operation. In the first half-year of 2019, Klaipėda LNG terminal reached 6.4 TWh, 36.2 percent up on the 4.7 TWh in July-December 2018, and 42.2
Transnet secures funds for Port of Richards Bay LNG FEED
zoomIllustration purposes only (Image courtesy of Transnet) South Africa’s state-run logistics company Transnet has entered into a cost-sharing agreement with IFC, a member of the World Bank Group, for a Port of Richards Bay LNG import terminal feasibility study. The study will look into the development of a liquefied natural
K Line, Namura pick up AIP for LNG-fuelled ore carrier concept
Kosmos expects Mauritania/Senegal interest sale by year-end
zoomIllustration purposes only (Image courtesy of Kosmos Energy) Dallas-based Kosmos Energy said it expects to reach an agreement on the sell-down of its position in Mauritania and Senegal region to 10 percent by year-end. The company started the formal process to sell down its position in Mauritania and Senegal to
Peru ships six LNG cargoes in July
Image courtesy of Peru LNG Exports from the Peruvian liquefied natural gas (LNG) facility in Pampa Melchorita recovered in July following only two cargoes exported in June but fell compared to the corresponding month last year. Data from the state-owned Perupetro shows that five vessels departed the facility, with volumes
Papua New Guinea government backs Papua LNG gas deal
zoomImage courtesy of Total The government of Papua New Guinea has agreed in principle to support the Papua LNG gas agreement. However, the government is reserving rights to discuss a shortlist of matters with the developers. The Papua LNG gas agreement, signed by all joint venture parties, Total (operator), ExxonMobil
Top news of the week July 29 – Aug 3
Image courtesy of Golar LNG Partners Golar, Exmar running for Leviathan FLNG job Delek Drilling, a unit of the Delek Group, said that Leviathan gas field partners have signed deals with Exmar and Golar LNG to explore the potential of developing a floating LNG facility. U.S. Department of Energy approves
Chevron’s profit soars on record production
zoomImage courtesy of Chevron Chevron, the US-based energy company and the operator of the giant Gorgon and Wheatstone LNG projects in Australia, reported a jump in profit in the second quarter of the year. The company reported a profit of $4.3 billion, which compares to $3.4 billion in the corresponding