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Gaz-System starts FSRU terminal market interest

23 Jul No Comments gregsamuel_e5x9azx4 LNG World News

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

23 Jul No Comments gregsamuel_e5x9azx4 LNG World News

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

Tellurian sells LNG cargo, plans to shrink Driftwood costs

23 Jul No Comments gregsamuel_e5x9azx4 LNG World News

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

23 Jul No Comments gregsamuel_e5x9azx4 LNG World News

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

22 Jul No Comments gregsamuel_e5x9azx4 LNG World News

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

22 Jul No Comments gregsamuel_e5x9azx4 LNG World News

Spain’s Naturgy reported a 30.3 per cent slip in its net income for the first six months of 2020 under the impact of COVID-19. Courtesy of Naturgy The company reported a net income of €490 million ($567.2 million) in the first half of the year. This compares to €703 million

OGTC and ORE Catapult in energy transition alliance

22 Jul No Comments gregsamuel_e5x9azx4 LNG World News

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

22 Jul No Comments gregsamuel_e5x9azx4 LNG World News

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

22 Jul No Comments gregsamuel_e5x9azx4 LNG World News

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

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