Cheniere Energy stocks up in trading on Friday Cheniere Energy announced on Friday that it has been in talks with Chinese state-owned companies concerning an increase in shipments of LNG to China from the United States. Since February 2016, Cheniere has sold nine LNG cargos to China. Reuters reports all were sold on spot-based contracts […]
Cheniere Energy looking to increase LNG shipments to China Read More »
Economic benefits of LNG export can be realized while still protecting the environment By Matt Mandel, EnergyInDepth Today, the group Texans for Natural Gas (TNG) released a new report on the massive economic impact liquefied natural gas (LNG) exports could have on Texas and the United States. With seven LNG export facilities proposed or already under
Texas LNG exports create billions in economic benefits, 70,000+ jobs Read More »
LNG accounts for only 10 per cent of total natural gas traded across the globe, yet its rate of growth is almost twice as fast as pipeline gas, making it an important part of the portfolios of major oil and gas companies, according to analysis from Wood Mackenzie. But while the process of piping natural gas to
Is LNG or pipeline gas more carbon-intensive? The answer may surprise you Read More »
LNG supply surplus began in 2014 This week at the Gastech conference in Chiba, Japan, major liquified natural gas producers warn that an LNG supply shortfall is looming because low prices have discouraged investment in new production. Executives with international gas majors said without investments in new LNG facilities, within five years suppliers may not be
LNG supply shortfall in 5 years as low prices hinder investment Read More »
Natural gas prices up as consumption, exports rise By John Kemp LONDON, March 31 (Reuters) – The U.S. gas market is looking a little tight despite another record warm winter that limited heating demand. Growing structural consumption from electric power producers as well as increasing exports are significantly changing the balance between supply and demand.
Opinion: US natural gas prices rise to limit summer power burn Read More »
Russian LNG exports mostly to Asia Russian LNG production from its remote Arctic regions may reach over 70 million tonnes, according to the head of gas producer Novatek. Reuters reports Leonid Mikhelson, head and co-owner of Novatek told a conference “The Gydan and Yamal peninsulas have a vast resource base that allows the production of over
Russian LNG production in Arctic to be over 70 million tonnes/year Read More »
LNG buyers hope to shift power from suppliers to importers The world’s largest LNG buyers, all located in Asia, are teaming up to secure more flexible supply contracts in a move that will shift power to importers from producers as the global liquified natural gas supply grows. Reuters reported on Thursday, Korea Gas Corp, or
World’s biggest LNG buyers create alliance to secure flexible contracts Read More »
Mainline Pipeline transports natural gas from Alberta to Eastern Canada, Northeastern US TransCanada has lowered tolls for customers using its Mainline Pipeline, raising the competitiveness of Canadian natural gas for the near future. However, industry insiders say access to Asian markets is the key to the long-term survival of the industry. Currently, Canada’s $45 billion
TransCanada’s Mainline pipeline no substitute for access to Asian markets Read More »
Shell LNG tanker involved in collision one of the world’s largest MILAN, Feb 28 (Reuters) – The Al Khattiya liquefied natural gas (LNG) tanker, one of the world’s largest, suffered damage to its hull in a collision with an oil tanker off the United Arab Emirates last week, operator Royal Dutch Shell said on Tuesday.
Shell LNG tanker Al Khattiya damaged in collision off UAE Read More »
Total eyes cut-price stake in partially built Iranian LNG export facility By Oleg Vukmanovic and Bate Felix MILAN/PARIS, Feb 27 (Reuters) – Total is in talks to buy a multi-billion dollar stake in Iran’s partly-built liquefied natural gas (LNG) export facility, Iran LNG, seeking to unlock vast gas reserves. The French oil major — the first
Total in talks to buy Iranian LNG project-sources Read More »
