JAPEX joins North Vietnam LNG terminal project construction
On 28 December 2021, JAPEX signed a share purchase agreement with ITECO JSC, a company to promote the project. Thus, it will further proceed with the share acquisition procedures. The…
LNG remains crucial in Thailand’s energy transition says PTT
Natural gas and liquefied natural gas (LNG) will remain highly important to Thailand’s power sector and as a bridging fuel during the Southeast Asian nation’s energy transition, Auttapol Rerkpiboon, chief…
Far East of Russia. East (Japan) Sea.
Wood Mackenzie: Long-term LNG set to remain a buyers’ market
The LNG long-term contract market and LNG spot market are travelling in opposite directions. The long-term buyers’ market is only likely to end when it becomes clear that demand will…
Russia claims Number One spot In LNG Exports To China
Russia exported more LNG to China in June than the United States did, at 396,000 tons versus 340,000 tons, Russia’s Sputnik reports, citing data first quoted by Bloomberg. According to the…
U.S. LNG Pricing Formula Resisted by Ukraine gas firm
Ukraine’s state-held gas firm Naftogaz is reportedly opposed to the pricing formula for U.S. liquefied natural gas (LNG) it could receive under a long-term contract, while there isn’t enough infrastructure…
Brazil: Golar Power have allied with Galileo to promote LNG
SAO PAOLO - Golar Power has entered into a strategic alliance with Galileo Technologies, which will provide its Gas 3.0™ Solutions suite: gas conditioning, distributed LNG production, LNG filling stations…
The World’s Top LNG Trader Is Predicting A Natural Gas Comeback
Oil and gas supermajor Shell, which is also the world’s top liquefied natural gas (LNG) trader, is confident that the global LNG market will return to the levels before the…
Thailand: Gulf Energy Gets License to Import up to 1.7M Tonnes of LNG a Year
Thai Gulf Energy Development Pcl received licenses from the government to import up to 1.7 million tonnes of liquefied natural gas (LNG) each year, the company said on Thursday, in…
Saudi Arabia Suspends Plans To Ship U.S. LNG
Bahri, the shipping arm of Saudi Aramco, has suspended plans to charter a dozen tankers for liquefied natural gas (LNG) for a U.S. export project in which it is a…
Total lands $15 billion financing commitment for Mozambique LNG project
JOHANNESBURG (Bloomberg) - A Total SA-led liquefied natural gas project in Mozambique will receive commitments for about $15 billion of financing at a signing scheduled in June, according to people…