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LNG Use Surging While Idled Spending May Trigger Next Spike
(Monday, January 16, 2017) LNG prices falling to the lowest in a decade last year spurred fresh demand while suppressing investment in new production, potentially leading to shortages and price spikes next decade, according to a new Bloomberg New Energy Finance report.
Platts Launches Middle East LNG Price Marker as Region's Demand Grows
(Monday, January 16, 2017) Commodity pricing agency S&P Global Platts will begin assessing prices for LNG delivered to the Middle East and Pakistan, reflecting growing imports into a region better known as an exporter, the company said on Monday.
LNG Deals Struck to Aid Gas-starved Southern France
(Friday, January 13, 2017) A natural gas supply crunch has turned a quiet corner of southern France into a premium market rivalling Asia in terms of attractiveness for global LNG shipments, with several due to arrive over the coming weeks, traders said.
Russia Acknowledges Threat from Trump's Energy Policy on EU Gas Market
(Friday, January 13, 2017) Russia's Gazprom has acknowledged for the first time a threat to its dominant position in European gas market from an expected influx of LNG gas produced in the United States under Donald Trump's administration.
Ports Chase Natural Gas Boost as Marine Emissions Rules Tighten
(Thursday, January 12, 2017) The tightening of emissions limits for deep-water ships has some of North America's busiest ports chasing a new opportunity.
India's Petronet LNG Sees Kochi Terminal At 40% Capacity By 2019
(Wednesday, January 11, 2017) India's biggest gas importer Petronet LNG expects its 250 mile pipeline connecting the Kochi LNG terminal in the south to industries further north to be ready in 2 years.
French South. Gas Contract Hits Highest Level Since Dec. 2013 on Congestion
(Wednesday, January 11, 2017) The French southern gas hub contract touched its highest level since December 2013 on Wednesday due to congestion, while the spread with prices in the north widened.
Europe Left in Cold as Frost Triggers Global LNG Hunt
(Tuesday, January 10, 2017) The year has started off with a very cold snap, meaning Europe will have to pay a premium to stay warm.
CNOOC Diverted Two LNG Cargoes from Tianjin After Pipeline Fire -Traders
(Tuesday, January 10, 2017) China's state-owned energy company CNOOC diverted two cargoes of imported LNG after a pipeline fire in northern China's Tianjin, though imports were normal as of Monday, traders with knowledge of the matter said on Tuesday.
Texas LNG Executes Term Sheets with Asian Buyers
(Tuesday, January 10, 2017) "Texas LNG is riding the crest of the second wave of US LNG exports," stated Langtry Meyer, Founder & COO of Texas LNG.
JERA Imports Japan's First Liquefied Shale Gas Cargo from U.S.
(Friday, January 06, 2017) Japan's JERA Co said on Friday it imported the country's first liquefied shale gas cargo from the United States as part of efforts to diversify its supply.
North Asia's Winter Blast to Raise January Coal, LNG Consumption
(Friday, January 06, 2017) Winter temperatures in North Asia will swing to unusually cold from relatively mild in the coming weeks, lifting the demand for LNG and thermal coal as regional power stations ramp up to meet the increased heating needs.
Australia Trade Surplus Breaks Long Drought as Exports Boom
(Friday, January 06, 2017) The country was also shipping more product, particularly iron ore and LNG.
Cruise Line Exec: LNG Represents the Future
(Thursday, January 05, 2017) Carnival opting for LNG instead of marine diesel oil.
Forget Latin America, Asia Is the Biggest U.S. LNG Buyer Now
(Wednesday, January 04, 2017) Asia's finally becoming a prime destination for U.S. shale gas cargoes.
Chevron Resumes Operation at Gorgon LNG Train 1 after Month-long Outage
(Wednesday, January 04, 2017) Chevron Corp said on Wednesday it has resumed production of LNG at one of its two units at the $54 billion Gorgon project, located off Western Australia, after an outage of slightly more than a month.
RWE Agrees to Build LNG Infrastructure with German Duisburg Port
(Wednesday, January 04, 2017) Utility RWE on Wednesday said it has committed to jointly creating infrastructure to use LNG in the Duisburg port on the river Rhine in western Germany, which is the biggest inland port worldwide.
Morocco Picks Financial and Legal Advisers for LNG Import Plan
(Tuesday, January 03, 2017) Moroccan state-owned power utility ONEE has picked HSBC Middle East Limited as financial adviser for its plan to boost its imports of liquefied natural gas (LNG), ONEE said in a statement on Tuesday.
Petronas Said to Eye New Site in $27 Billion Canada LNG Plan
(Wednesday, December 28, 2016) Malaysia's Petroliam Nasional Bhd. is seeking to move ahead with a proposed $27 billion liquefied natural gas project in western Canada.
Peru Natgas Union Calls Off Strike After Deal With Pluspetrol
(Wednesday, December 28, 2016) Workers at Peru's Camisea natural gas fields have called off a strike scheduled for Thursday after reaching a deal on labor benefits.