Industry News

LNG
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...
Study: LNG Reduces Shipping GHG By 21%
Using LNG as a marine fuel could cut greenhouse gas (GHG) emissions by up to 21%, according to a study released Apr 11. SEA/LNG and the Society for Gas as a Marine Fuel (SGMF) commissioned the Well-to-Wake GHG Emissions
Maran Gas orders new LNG carrier at DSME
South Korea’s shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) has booked a new liquefied natural gas carrier order from the Greek shipping company Maran Gas Maritime, a unit of Angelicoussis Shipping
Russia to standardize LNG processing and liquefaction
Russian giant Gazprom signed program for standardization of developing technologies and equipment in oil refining, petrochemistry, and LNG processing and liquefaction in St. Petersburg. Gazprom said on Tuesday......
World’s biggest buyer of LNG signs deal to buy 1.2MM tonnes a year from Canada
Japan’s JERA, the world’s top buyer of liquefied natural gas, on Tuesday said it had signed an agreement with a Mitsubishi Corp unit to buy up to 16 cargoes, or 1.2 million tonnes per annum (mtpa), of LNG from the LNG..
China to Build World's Largest LNG Carrier
China's Hudong-Zhonghua shipyard and classification society DNV GL have agreed a joint development project for a new 270,000 cubic meter LNG carrier – the largest ever ship of this type. China's LNG imports have been..
B.C. premier says final pieces of massive LNG Canada project now in place
The British Columbia government has secured the last steps of the fiscal framework for liquefied natural gas projects in the province.The legislative assembly passed the Income Tax Amendment Act, and Premier John Horgan.
2019 World LNG Report is Released
IGU Releases 2019 World LNG Report as Global Trade Continues to Grow in Both Supply and Demand. Liquiefied Natural Gas (LNG) trade set a record for the fifth consecutive year in 2018, reaching 316.5 million tonnes.....
Global LNG Services launches new solution
Global LNG Services (GLS) has launched a standardized, floating liquefaction solution that enables faster, lower cost plug and play development of LNG export, in what the company says is a “major milestone
MOL and Karpowership Collaborate on Floating LNG Power Plants
Japan's Mitsui O.S.K. Lines (MOL) and Turkey's Karpower International have agreed to collaborate on a LNG-to-Powership business providing floating LNG power plants globally. Partners will operate as KARMOL......
Qatar retains position as world’s top LNG exporter
Qatar has retained the crown of world’s largest exporter of Liquefied Natural Gas (LNG) in 2017. The country exported 81 million tonnes (MT) last year, enabling it to remain market leader with a share of 27.6 percent...
B.C. LNG terminal poised to boost struggling Canadian gas stocks
A liquefied natural gas terminal in British Columbia will “refocus people on Canadian gas,” giving a boost to stocks such Tourmaline Oil Corp. and ARC Resources Ltd., according to the manager of more than $500-million..
 
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