Industry News

LNG
Small Scale LNG (SSLNG) Market Size to Reach USD 12.5 Billion by 2025
Applications such as industrial & power, and the potential to transport LNG over long distances without the need for heavy investment like pipelines, push the growth of the small scale LNG market across the globe.......
Construction of Novatek’s Arctic LNG 2 Project Ahead of Schedule
Russia’s largest private natural gas producer, Novatek, reports that it is “slightly ahead of schedule” for opening Arctic LNG 2 by the end of 2022. The facility will consist of three production lines, or trains, .....
Small-Scale LNG Market to Set Amazing Growth by Key Players
Global Small-Scale LNG Market is expected to rise from its initial estimated value of USD 29.31 billion in 2018 to an estimated USD 49.66 billion by 2026, registering a CAGR of 6.81% in the forecast period of 2019-2026.
U.S. Restarts LNG Exports To China After 1-Year Break
U.S. exports of liquefied natural gas (LNG) have resumed flowing to China for the first time since March 2019, after the Chinese authorities have granted tax waivers to several Chinese LNG importers, Reuters reported ...
Total Charters Its First LNG-powered Very Large Crude Carriers
Total (Paris:FP) (LSE:TTA) (NYSE:TOT) signed a pioneering agreement to charter its first two LNG-powered VLCCs (Very Large Crude Carrier). The two vessels, which are able to carry about 300,000 tons of crude oil each..
Construction in Ft. Nelson of new LNG production facility has begun
Cryopeak LNG Solutions Corporation has begun construction of a new liquefied natural gas (LNG) production facility located in Fort Nelson. The company says the new production facility is capable of producing up to.....
China’s LNG Demand Makes a Comeback to Aid Virus-Hit Market
As the coronavirus pandemic roils the global liquefied natural gas market, suppliers are finding that the center of demand has come full circle back to where it was first hit: China. Over the past two weeks, Chinese.....
New video explains benefits of LNG
A video explaining why LNG is currently the only viable solution available that can cut emissions from deep-sea shipping as newer, cleaner options are developed has been released by The Society for Gas as a Marine Fuel..
Warren Buffett's exit from $9B Quebec LNG project after rail blockades
Warren Buffett, one of the world’s most influential investors, has pulled out of a proposed $9 billion liquefied natural gas project in Quebec over concerns about railway blockades and infrastructure challenges.
Cheniere eyes LNG industry growth after 1,000th cargo
With this week’s LNG export milestone placing Houston’s Cheniere Energy among industry elites, it has no intention of relinquishing its dominant lead in U.S. shipments. The company shipped its 1,000th cargo of liquefied
'Crazy busy': Boom from $40B LNG plant in northwestern B.C. leaves communities scrambling to keep up
After 25 years of cutting hair in downtown Prince George, Freda Barton is doing something she never expected: moving back home to Kitimat to cash in on northwestern British Columbia's economic boom. "The whole town.....
Canadian gas drillers zero in on plan for floating LNG project
Rockies LNG Partners, a group of Canadian natural gas drillers seeking new markets for their production, is considering building an export project on barges floating off the coast of British Columbia. While no decisions
The Birth Of An LNG Superpower
Given Iran’s huge natural gas reserves, its new-found rapprochement with fellow gas supergiant Qatar, and Russia’s strategy to expedite the ‘Gas OPEC’ global supply and pricing cartel, Tehran’s plans to re-energise....
LNG's Surfing the Wave
Gas looks the best bet of the fossil fuels through the energy transition. Coal demand has already peaked while oil has a decade or so of slowing growth before electric vehicles start to make real inroads..........
DOE approves LNG exports from Gulf LNG project in Mississippi
The U.S. DOE Office of Fossil Energy issued an order to Gulf LNG Liquefaction Company LLC (GLLC) approving exports of domestically produced LNG from the Gulf LNG Liquefaction Project. The project will be located.....
Department of Energy Authorizes LNG Exports from the Gulf LNG Liquefaction Project in Mississippi
The U.S. Department of Energy’s (DOE) Office of Fossil Energy today issued an order to Gulf LNG Liquefaction Company, LLC (GLLC) approving exports of domestically produced liquefied natural gas (LNG) from the Gulf LNG
A New Wave Of LNG Is Set To Hit The Markets
The increased transition to natural gas in heating and electricity generation around the world will continue to drive liquefied natural gas (LNG) demand growth for years to come, analysts say. The first wave of LNG ...
A Curious New Alignment for Gas and Coal in Asia
In early April, a Japanese gas distribution company and an international oil company signed a liquefied natural gas supply contract. There’s nothing special, in energy terms, about this contract. There’s something......
Qatar Petroleum tenders for 60-100 new LNG carriers
Qatar Petroleum issued an invitation to tender for construction of the LNG carrier fleet for its North Field Expansion (NFE) project. The invitation foresees initial delivery of 60 LNG carriers, with the potential.......
Small-scale LNG opens up markets
Small-scale LNG on the supply side refers to liquefaction plants with capacity of less than 500,000 metric tons a year, while on the demand side it is effectively the breaking down of LNG into ever smaller parcels to...
 
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