Tag: liquefied natural gas
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.
The deal signed in April would almost double the nation's gas exports and make the country a significant energy player.
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.
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.
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 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.
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.
A source says while the pipeline has been repaired, Petronas is still waiting for approval from authorities to resume operations.
Chairman Charif Souki said the company expects to start producing liquefied natural gas from its Louisiana project in early 2023.
At the World Gas Conference, LNG executives said that an improved pricing system would facilitate big-ticket investment decisions and stabilise demand.
Nine LNG tankers are currently anchored outside the facility, according to ship-tracking data on Reuters Eikon.
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.
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.
A liaison office has been set up in Beijing to facilitate LNG business growth in the country, says Petronas official.