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Wednesday, October 23, 2019

Tag: liquefied natural gas

Australia branded a leading ’emissions exporter’

Australia's refusal to ease coal exports has prompted a rift with low-lying Pacific island neighbours whose countries are threatened by rising sea levels.

Papua New Guinea says vast gas project to go ahead

The deal signed in April would almost double the nation's gas exports and make the country a significant energy player.

Energy billionaire becomes second-richest Thai as company surges

Sarath Ratanavadi vaults up Thailand’s billionaire list to become the nation’s second-richest man, as his Gulf Energy Development Pcl outpaces most of the world’s power companies.

Higher Asian prices, European gas stocks trigger LNG flow reshuffle

Asian liquefied natural gas (LNG) prices rise while European prices continue to drop, with an increased price spread between the two regions triggering interest in sending some Atlantic cargoes to Asia Pacific.

The ‘richest black nation’: Papua New Guinea sets audacious goal

Papua New Guinea's James Marape has ambitions for the country, with an end goal of turning one of the world's poorest countries into the "richest black nation" on earth in just a decade.

Japan’s Inpex agrees on Framework for US$20 billion Indonesian LNG project

Japan’s Inpex agrees on a framework with Indonesia for the US$20 billion Abadi liquefied natural gas project, a key step toward reaching final investment for one of the world’s biggest export ventures.

Australia plans to import LNG

The country is poised to become the biggest exporter of liquefied natural gas to north Asia, but it could also soon be importing LNG as supply sources in its southern states run out.

Malaysia LNG exports hit 4-year low on pipeline issues

A source says while the pipeline has been repaired, Petronas is still waiting for approval from authorities to resume operations.

Tellurian to decide on Louisiana LNG project in early 2019

Chairman Charif Souki said the company expects to start producing liquefied natural gas from its Louisiana project in early 2023.

Growing global LNG market needs better pricing system, according to executives

At the World Gas Conference, LNG executives said that an improved pricing system would facilitate big-ticket investment decisions and stabilise demand.

Bintulu LNG plant cuts exports amid technical uncertainty

Nine LNG tankers are currently anchored outside the facility, according to ship-tracking data on Reuters Eikon.

Petronas’ Canada project in jeopardy as Liberals win British Columbia

British Columbia is home to numerous pending LNG export terminals whose fates have now become uncertain, including that of the US$27 billion project by Malaysia's Petronas.

Petronas expanding LNG production with second facility

Now under construction off the coast of Sabah, Petronas Floating LNG 2 set to have a processing capacity of 1.5 million tonnes per annum.

Petronas to expand LNG portfolio in China

A liaison office has been set up in Beijing to facilitate LNG business growth in the country, says Petronas official.