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Liquefaction

BP forecasts stronger LNG trading and greater role for gas

BP has released its Energy Outlook 2019, revising its forecasts from last year’s outlook for 2040 to include more LNG trading and faster growth in gas consumption.

15 February 2019
Liquefaction

Indonesia’s exports slip 7% in 2018

Lower production from the Badak facility limited exports last year, but revenues were up by 13%.

14 February 2019
Regasification

Sales fall at China's trucked LNG facilities

CNOOC's Tianjin terminal sold 20 fewer tanker trucks per day in January than it did in December, with sales falling by 27 at Ningbo and 13 at Beihai.

14 February 2019
Krk island, proposed site of Croatia LNG Regasification

Croatia LNG state aid signals potential profit risk

The European Commission is likely to approve the government aid given to the project, but lack of interest in booking capacity may nevertheless mean that it is under-utilised.

14 February 2019
A platform in the NWS Liquefaction

Woodside’s Browse-NWS plan facing hurdles

The Australian player's plans to backfill its North West Shelf project will run into difficulties caused by environmental concerns.

14 February 2019
A Sonatrach LNG carrier Liquefaction

Algeria’s Sonatrach maxes out on export flexibility

Sonatrach is expanding its Skikda liquefaction plant to take larger ships and increase its storage capacity, but stagnant production is leaving facilities underused.

14 February 2019
Peter Altmeier, German economy minister Regasification

German regas sector poised for lift-off

Germany’s economy minister has announced provisions to favour the construction of LNG facilities, and a new big player has signed up for long-term capacity at Brunsbüttel.

13 February 2019
Liquefaction

Chinese ex-works prices drop sharply in January

The average ex-works price for Chinese LNG fell by 24% in January 2019 from December 2018.

13 February 2019
Liquefaction

Asian spot LNG prices drop nearly 7.4% in January

Buyers have been purchasing less LNG in expectation of a decline in heating-related demand in February and March.

12 February 2019
Regasification

South Korea’s LNG imports reach new heights in 2018

South Korea’s LNG imports exceeded 44 mt in 2018, a record high for the country.

11 February 2019
Liquefaction

Wave of big LNG capacity additions to end this year

This year will be the last in which big additions to the world’s LNG supply are made, with projects set to be brought online on the US Gulf Coast.

7 February 2019
Liquefaction

Sinopec Tianjin terminal takes China’s trucked LNG top spot

A terminal owned by a company other than CNOOC sent out the most truckloads of LNG last week for the first time in over 18 months.

7 February 2019
The Zeynep Sultan powership Regasification

Indonesia harbours small-scale LNG ambitions

Indonesia is looking to establish a second small-scale LNG import project, creating the beginnings of a network of terminals across the country.

7 February 2019
Ophir Energy activity offshore Tanzania Liquefaction

Ophir’s prized Tanzanian assets almost worthless

Medco Energi has valued Ophir at just $511 million, giving another indication that the deepwater gas in the company's Tanzania blocks might just stay in the ground.

7 February 2019
ConocoPhillips' Bayu Undan platform in the Timor Sea Liquefaction

Australia aims to limit China’s role in Timor LNG

The prospect of China becoming more involved in East Timor is pushing Australia to increase its interest in Timor LNG.

7 February 2019
The Golden Pass LNG facility. (Golden Pass LNG) Liquefaction

Golden Pass FID puts pressure on US competitors

The decision on Golden Pass LNG means Exxon and Qatar Petroleum will take additional FIDs this year, putting pressure on competing projects to do the same.

6 February 2019
Regasification

Qatar strengthens position as Europe’s main LNG supplier

Qatar increased its share of the European LNG market from 39% in Q2 2018 to 43% in Q3 2018, according to a European Commission report.

6 February 2019
Liquefaction

Sharp drop for Chinese LNG prices

The average ex-works price of LNG produced in China fell by nearly 15% last week, to its lowest level for nearly four months.

6 February 2019
Liquefaction

Asian spot LNG prices fall for sixth week

Spot prices closed the week at $7.21/MMBtu, their lowest level since April 2018.

5 February 2019
Regasification

Thailand’s LNG imports up 16% in 2018

The volume of LNG entering Thailand was up last year as domestic output and pipeline gas imports from Myanmar fell.

4 February 2019

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