zoomPetronas president & CEO Wan Zulkiflee Wan Ariffin (Image courtesy of Petronas) Malaysian energy giant Petronas reported lower liquefied natural gas sales drop for the quarter and the full year 2018. Total LNG sales volume for the fourth quarter of 2018 was lower by 0.66 million tons compared to the
PTTEP hits gas in Timor Sea
Illustration purposes only (Image courtesy of PTTEP) Thailand’s PTT Exploration and Production’s unit PTTEP Australasia hit gas at the Orchid-q, the first exploration well in Permit AC/P54 located in the Timor Sea, Australia. Commenced in January this year, the drilling of the Orchid-1 was undertaken to a total depth of
Gate invites bids for 2021-2031 terminal capacity
NextDecade signs Rio Grande LNG site lease deal
zoomImage courtesy of NextDecade US LNG export project developer NextDecade Corporation signed a lease agreement with the Brownsville Navigation District (BND) for its Rio Grande LNG project. The lease agreement was considered and approved during a meeting of the BND Board of Commissioners, the company said in a statement on
Jordan Cove LNG non-binding deals exceed project capacity
Image courtesy of Jordan Cove LNG Jordan Cove LNG project led by the Canadian energy infrastructure company Pembina has reportedly signed non-binding deals in excess of its production capacity. The $10 billion project proposed for the export terminal in Coos County, Oregon has a planned capacity of 7.8 million ton
WoodMac: Ennore LNG commissioning to spur India’s regas capacity jump
zoomImage courtesy of Indian Oil LNG The commissioning of Indian Oil Corporation (IOC) Ennore LNG terminal marks the beginning of India doubling its regas capacity to 56.5 million metric tonnes per annum (mmtpa) by 2025. “IOCL has already secured captive customers for 2 mmtpa of capacity. The Ennore terminal will
Australia: Gladstone February LNG exports jump year-on-year
Illustration purposes only (Image courtesy of Santos) LNG exports from the three liquefaction plants located on Curtis Island offshore Gladstone totaled 1.73 million tons spread across 26 cargoes in February 2019. The volume represents a 9.8 percent decrease compared to the 1.93 million tons reported in January 2019, data from
Santos lines up Quadrant acquisition funds
Image courtesy of Santos Australian LNG player Santos has priced its $600 million bond transaction set to be partly used for funding the Quadrant Energy acquisition. Santos said on Thursday the bonds will be issued by Santos Finance Limited, a Santos unit, off the Company’s Euro Medium Term Note Programme
Gazprom increases gas supply to Austria
OMV CEO Rainer Seele (right)/Image courtesy of Gazprom Russian giant Gazprom increased its exports to Austria during the beginning of 2019 by almost one third, compared to figures from last year. Gazprom supplied Austria with an estimated 3.3 billion cubic meters between January 1 and March 5, the company said