Report: LNG Project Sanction Uptick in 2018
There will be an uptick in the number and capacity of LNG projects sanctioned in 2018, according to a new report. There will be an uptick in the number and Continue Reading
Big gas exporter countries blast unilateral sanctions in dig at U.S
Representatives from a group of major energy-exporting nations on Friday said they oppose the use of unilateral sanctions on any of their members – an apparent dig at the United Continue Reading
Is The LNG Glut Real?
LNG prices have tanked over the past few years after a wave of new natural gas export capacity has come online in places like Australia and the U.S. However, despite Continue Reading
Russia reviews LNG options with Japan
Russian energy company Gazprom said it was reviewing the opportunity to expand its only operational liquefied natural gas plant with its Japanese partner. Gazprom Chairman Alexei Miller hosted a delegation Continue Reading
A U.S. Natural Gas Bonanza In China Isn’t A Done Deal
Building liquefied natural gas (LNG) plants is a notoriously expensive and lengthy proposition: one reason a 2012 study found the cost of the Alaskan project might actually be as high Continue Reading
Paradise Papers Reveal U.S. Selling Russian LNG In Europe
The new massive data leak that has been making headlines for several days now has revealed that a company with U.S. ownership has been buying Russian gas and selling it Continue Reading
Carnival Cruise Line signs agreement with Shell to fuel North America’s first LNG-powered cruise ships
Carnival Cruise Line, a unit of Carnival Corporation, signed an agreement with Shell NA LNG, LLC (Shell) to be its supplier of marine liquefied natural gas (LNG) to power North Continue Reading
U.S. LNG faces headwinds in Asian markets
U.S. energy ambitions to tap into the growing demand in the Asian market could face a challenge from established Russian programs, analysts said. U.S. President Donald Trump left the 12-nation Continue Reading
Influx of LNG Seen Benefiting European Gas Producers
Surging imports to Europe of liquefied natural gas (LNG) are driving down prices. Surging imports to Europe of liquefied natural gas (LNG) are driving down prices, but in the long Continue Reading
Views from the Crest of LNG’s Second Wave:
US offers ‘critical combination of price and certainty’ for LNG, exec tells Rigzone. From a liquefied natural gas (LNG) exporting perspective, the proverbial stars are aligned for North America, according Continue Reading
Major Energy Importer Bets $10 Billion On Natural Gas
Much of the attention in energy markets has been focused on OPEC and oil prices lately. But news this week suggests that a different energy commodity is quietly becoming the Continue Reading
The U.S. LNG Boom Could Be About To Stall
While speaking before industry executives last June, United States President Donald Trump asserted that he had “ended the war on coal” and that America would be “dominant” in energy. But Continue Reading
Dominion sees Maryland Cove Point LNG export terminal on line in fourth quarter
Virginia energy company Dominion Energy Inc said Tuesday its $4 billion Cove Point liquefied natural gas export facility in Maryland was about 96 percent complete and was expected to enter Continue Reading
Fourth Train Complete At Cheniere’s Sabine Pass LNG Plant
Cheniere Energy Partners LP said Friday that the fourth train at its Sabine Pass liquefied natural gas plant was substantially complete, boosting output from the first LNG export terminal in Continue Reading
Panama Canal Authority, shippers work to double LNG capacity
The Panama Canal Authority is working with LNG shippers towards doubling the capacity set aside for LNG vessels by next October, the PCA said Wednesday. The PCA is working towards Continue Reading
LNG Can Play ‘Meaningful Role’ Targeting US Trade Imbalance
US gas exports can improve balance of trade, create jobs and support long-term economic growth. According to the Office of the United States Trade Representative (USTR) , the U.S. goods Continue Reading
Another U.S. LNG Export Project To Come Online In Q4
Liquefied natural gas, long the domain of foreign producers like Qatar, has come to the U.S., with many LNG projects in the works. In general, these projects are progressing quickly, Continue Reading
Once fringe players, Swiss traders grab $10 billion slice of LNG market
Swiss trading houses are muscling in on the global market for liquefied natural gas, until now the preserve of energy giants, and expect to grab a $10 billion share of Continue Reading
ExxonMobil slashes LNG price to India in bad omen for producers
India has won a price cut on a 20-year liquefied natural gas (LNG) deal with global giant ExxonMobil Corp (XOM.N) in a rare contract renegotiation, a bad sign for producers Continue Reading
Russia’s Comeback In The LNG Race
In a little more than a month’s time, Russia will formalize its claim for a bigger role in the ever-expanding global LNG market. Early October, when the Yamal LNG will Continue Reading
First tanker crosses northern sea route without ice breaker
A combined ice breaker and LNG tanker has crossed the northern sea route A commercial LNG tanker has sailed across the colder, northern route from Europe to Asia without the Continue Reading
Blockade Can’t Stop Qatar From Suppling UK With Gas
Qatar supplies 20 percent of Britain’s natural gas. Just in the past four weeks, British ports have received one million meters worth of scheduled gas orders, according to the Middle Continue Reading
As U.S. Exports Gas to Europe, Russia Digs In
U.S. attempts to export natural gas into Europe’s energy market are facing stiff resistance from the region’s dominant player: Russia. A tanker is scheduled to arrive in Lithuania this week Continue Reading
Climate Change Opens Up Shorter Arctic Passage For LNG
The Cristophe de Margerie, an LNG carrier commissioned by French Total, has become the first tanker to pass the Arctic unaided and is now en route to its destination in Continue Reading
China sees apparent natural gas consumption rising by 10 pct in 2017
China expects its apparent natural gas consumption to rise over 10 percent year-on-year to around 230 billion cubic meters (bcm) this year, the official Xinhua news agency said on Saturday Continue Reading
Clouds developing over U.S. LNG export potential
A U.S. industrial trade group said Washington’s domestic focus should prioritize the retention of natural gas, rather than target it for the export market. As a candidate, Donald Trump ran Continue Reading
Cheniere Energy sets up China office to expand sales: sources
U.S. natural gas exporter Cheniere Energy Inc is setting up an office in Beijing to help it clinch long-term supply deals with Chinese buyers, four industry sources said. Cheniere, which Continue Reading
U.S. could be world’s No. 3 LNG exporter
The potential exists for the United States to become the third-largest exporter of liquefied natural gas in a few short years, a federal report finds. Photo courtesy of Cheniere Energy Continue Reading
Pennsylvania Senate votes to tax natural gas production, consumption
Pennsylvania’s Senate approved a tax reform bill with provisions to tax both natural gas production and consumption in the state. Oil and gas trade associations there strongly criticized the July Continue Reading
A Worldwide Gas Glut Claims $27 Billion Victim in Canada
A $27 billion energy project in Canada just became the latest casualty of a worldwide glut of natural gas. Malaysia’s Petroliam Nasional Bhd abandoned on Tuesday its plans for the Continue Reading
After LNG project scrapped, TransCanada looks for more export options
Canada stills needs to find ways to get its gas assets out of North America, TransCanada says after a project slated for British Columbia was scrapped. File photo by Stephen Continue Reading
U.S. on track to be world’s No.2 LNG exporter by end-2022: IEA
LONDON (Reuters) – The United States is on track to have capacity to become the world’s second largest exporter of liquefied natural gas (LNG) by the end of 2022, just Continue Reading
The World’s Largest LNG Buyer Just Completely Reshaped The Market
That’s Japan — home to some of the world’s biggest buyers of liquefied natural gas (LNG), including the world’s #1 consuming firm, Jera. And authorities here aren’t happy about the Continue Reading
Russia’s Rosneft set for global gas tussle with Gazprom
Russia’s Rosneft, the world’s top listed oil producer, wants to supply gas in parts of Europe where Gazprom is not present to avoid the risk of losing those markets to Continue Reading
Largest floating LNG facility sets sail for home field in Australia
A floating production facility that will be used to tap into the natural gas reserves off the coast of Australia has left the shipyard, Shell said Thursday. Shell’s aviation subsidiary Continue Reading
Can U.S. LNG Challenge Gazprom In Europe?
The first cargo of U.S. liquefied natural gas last week reached its destination in Poland. The country’s Prime Minister called this “a historical moment,” that brought the Central European country Continue Reading
Long Promised, the Global Market for Natural Gas Has Finally Arrived
One day in March, the Rioja Knutsen tanker, filled with liquefied natural gas, was traveling from the U.S. to Portugal. Suddenly, Mexico’s power company lobbed in a higher bid for Continue Reading
America’s Unstoppable LNG Boom
Since Cheniere sent America’s first LNG cargo abroad in early 2016, U.S. gas exports have reached buyers in Latin America, Europe, Asia, and even the Middle East. The shale gas Continue Reading
LNG traders evaluate impact of Saudi-led diplomatic blockade of Qatar
LNG traders are bracing for potential trade disruptions following moves from Saudi Arabia, Bahrain, Egypt and the UAE to cut diplomatic ties with Qatar, the world’s largest LNG supplier. Saudi Continue Reading
5 Arab States Break Ties With Qatar, Complicating U.S. Coalition-Building
Hours after five Arab countries broke diplomatic relations with Qatar , a crucial United States ally, Secretary of State Rex W. Tillerson offered on Monday to broker the impasse in Continue Reading
Three US-based LNG terminal projects report delays to operational start dates
Three US-based LNG export projects have delayed the planned start of their commercial operations, according to company updates on the US Department of Energy’s website. LNG terminal developers must provide Continue Reading
Is Natural Gas In The Midst Of A Boom-Bust Cycle?
After six decades of relying on outside sources, the United States is poised to become a consistent net exporter of natural gas . The shale boom and the rush to Continue Reading
Chevron makes LNG headway
The third production facility at the Gorgon liquefied natural gas facility off the Australian coast is now in service, the regional subsidiary of Chevron said. “This is a key milestone Continue Reading
After six decades, U.S. set to turn natgas exporter amid LNG boom
The last time the United States was a net exporter of natural gas was in 1957, when Dwight Eisenhower was president. That should change in 2018 when the country is Continue Reading
Gazprom’s Medvedev dismisses role of US LNG in European natural gas market
Russia is the gas supplier of choice for European markets and will remain the most cost-effective and reliable source of gas in Europe, Alexander Medvedev, Gazprom’s deputy CEO, said Tuesday. Continue Reading
Cruise Line Exec: LNG Represents the Future
Carnival opting for LNG instead of marine diesel oil. As this series on natural gas utilization has shown, initiatives to develop new markets for abundant natural gas supplies are prompting Continue Reading
US LNG makes negligible impact on European gas market
The startup in February this year of US LNG exports based on cheap American shale gas had been expected to see a good proportion of cargoes heading across the Atlantic Continue Reading
Finding Work For The World’s Largest LNG Ship
It is not just individual investors that are having to be patient and bide their time waiting for energy sector investments to pay off. Many corporations are making long term Continue Reading
Louisiana LNG Export Project Clears DOE Hurdle
The U.S. Department of Energy (DOE) on Thursday granted authorization for a proposed liquefied natural gas (LNG) terminal in Lake Charles, La., to export LNG to countries with which the Continue Reading
More LNG exports possible from U.S. ports
Sempra Energy said it filed the necessary paperwork to hasten the development of a port in Texas that could export liquefied natural gas, seen as a strategic asset. Sempra, which Continue Reading