Lng

Japan

Japan’s Power Prices Hit Record Highs on LNG Shortage

A severe shortage of LNG supplies among Japanese power utilities on the back of an unseasonably cold winter has driven the country's wholesale electricity price…

Oil & Gas Trade

Gladstone December LNG Exports Hit Record High

LNG exports from the three liquefaction plants located on Curtis Island off Gladstone hit a new high in the last month of 2020.

LNG Carrier

Global LNG Fleet Starts 2021 with Spate of Deliveries

Four new LNG carriers were delivered by South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering in the first four days of this year, following slow …

Oil & Gas Trade

ExxonMobil and Vopak Sign MoU for South Africa’s LNG Feasibility

Affiliates of Exxon Mobil Corporation and Royal Vopak (Vopak) have signed a Memorandum of Understanding to work together on a feasibility study to assess the co…

LNG

China’s Sinopec Plans Record LNG Imports to Battle Cold Snap

Sinopec Corp pledged on Tuesday to maximise domestic gas productions and raise imports of liquefied natural gas to record rates as a cold spell hitting large pa…

LNG

China Grabs Control Of LNG Infrastructure In Move To Bolster Energy Security

In recent months China has earned itself a prime spot in lots of energy headlines thanks to President Xi Jinping’s ambitious carbon curbing and clean energy go…

LNG

Daewoo E&C Bags 500 Bil. Won LNG Plant Project in Mozambique

Daewoo Engineering & Construction has won an LNG plant construction project in Mozambique for 500 billion won after jointly winning a 5-trillion-won order for a…

LNG

Korean Shipbuilders Enjoying Brisk New Order Intake at Year-end

Korean shipbuilders are enjoying a brisk new order intake at the year-end.

LNG

Shell Divests LNG Stake For $2.5 Billion

Shell has sold a 26-percent stake in an Australian LNG project to Global Infrastructure Partners for $2.5 billion as part of efforts to reduce the weight of non…

Oil & Gas Trade

Pakistan Arranges 12 LNG Cargoes for January

In order to meet the energy demand of the country, the government has arranged 12 LNG cargoes for January 2021, informed the Petroleum Division on Saturday.

Oil Pipeline

Russia’s Nord Stream 2 Gas Pipeline Clearly Beneficial for Europe & WILL BE Completed – Putin

That could hike prices for households and make Germany’s economy less competitive, said Putin.

Oil Pipeline

Pakistan to Start Building LNG Pipeline with Russia in July 2021

Pakistan will start building a 1,100-kilometre pipeline with Russia in July 2021 that will allow the South Asian nation to operate more liquefied natural gas (L…

LNG

Russia’s Novatek and Siemens Energy ink Deal to Decarbonise LNG Production

As part of the Agreement signed on December 10, Novatek and Siemens Energy will commence implementing a project to replace fuel natural gas used in the producti…

Oil & Gas Trade

China's LNG Imports Could Hit Record High in Dec as Demand Bounces Back

The world's second largest LNG importer after Japan is on track to import its highest monthly volumes since December 2019, Refinitiv shiptracking data showed.

LNG

Video: Germany Begins Constructing Its First Liquified Natural Gas Terminal

Liquified Natural Gas or LNG is not very popular in Germany yet, but the US is against completing the Nord Stream 2 pipeline from Russia, so Germany may have to…