Polish gas grid operator Gaz-System has launched a non-binding Market Screening for new transmission capacities as well as new regasification capacities of planned FSRU LNG terminal. Illustration only. Courtesy of Polskie LNG Commissioning of the facilities is expected for 2026/2027 prospective, the company said in its statement. Gaz-System added the
China’s June LNG imports surge
China, the world’s largest energy consumer, boosted its imports of liquefied natural gas by 29.2 percent in June. Q-Flex vessel at the ENN Zhoushan LNG terminal in China (Image: Qatargas) LNG imports totalled 5.79 million tonnes last month, data from the General Administration of Customs showed on Tuesday. In the
Rystad: Oilfield services market could replace lagging revenue by tapping into energy transition projects
Hit by the Covid-19 downturn, the oilfield service market is not likely to rebound to last year’s activity level until 2023, according to a Rystad Energy analysis. However, suppliers could diversify some oil and gas capabilities and replace up to 40 per cent of 2019’s revenue by servicing the renewable markets,
Tellurian sells LNG cargo, plans to shrink Driftwood costs
US LNG export player Tellurian is considering changes to its $28.9 billion Driftwood project and has in the meantime sold a cargo of chilled fuel to an undisclosed buyer. Image: Tellurian The company has been hitting the media headlines this week as it reportedly renewed talks with India’s Petronet regarding
Santos posts record Q2 production
Australian LNG player Santos reported record production levels in the second quarter of 2020. Courtesy of Santos The company said its production hit 20.6 mmboe, a record for Santos and 15 per cent up on the previous quarter. The strong production result was driven by higher domestic gas production in
Tellurian secures $32.5 million through share sale
US LNG export project developer, Tellurian has lined up a share sale that would rake in $32.5 million. Courtesy of Tellurian The company developing the 27.6 mtpa Driftwood project in Louisiana, has entered into a securities purchase agreement with certain institutional investors for the sale of 35,000,000 shares. The shares
Naturgy’s H1 earnings slip
OGTC and ORE Catapult in energy transition alliance
Two UK energy technology and innovation organisations have announced a five-year collaboration to deliver next generation energy technologies and accelerate the United Kingdom’s transition to a net zero future. The Energy Transition Alliance (ETA), formed by The Oil & Gas Technology Centre (OGTC) and the Offshore Renewable Energy (ORE) Catapult,
Tellurian, Petronet renew Driftwood LNG talks
US LNG export player Tellurian has reportedly renewed talks with India’s Petronet regarding an investment of up to $2.5 billion in its Driftwood development in Louisiana. Driftwood LNG (Image: Tellurian) Tellurian’s 27.6 mtpa Driftwood project sustained a major setback in May when a preliminary deal with Petronet LNG fell through. Following the
Sonatrach restarts Skikda LNG plant
Algerian state energy firm Sonatrach said it has resumed production from its Skikda LNG export plant following maintenance works that included repairing a damaged turbine. Skikda LNG (Image: KBR) Operations resumed at the Skikda LNG export facility on July 16. Sonatrach said in statement on Tuesday that Algeria’s LNG output