LNG tanker at Ras Laffan in Qatar

Qatar’s rivals face up to LNG expansion challenge

In the context of an oversupplied market, Qatar’s decision to ramp up production from the North Field represents a bold challenge to other LNG suppliers in the region.

12 December 2019 Middle East & Africa
Drillship offshore Mozambique

Total looks to alternative financing for Mozambique LNG

Mozambique LNG is moving towards financial close in Q2 2020, but there are fresh questions over how operator Total will fund its stake.

12 December 2019 Middle East & Africa
Dinh Co Gas Processing Plant in Vietnam

Solar surge puts gas in the shade in Vietnam

LNG-to-power projects in Vietnam are facing tough competition from a subsidy-funded solar boom.

12 December 2019 Asia Pacific
Tanker docked at Hainan LNG terminal

CNOOC aims to turn around China's Hainan LNG terminal

State-owned CNOOC hopes its LNG terminal on the southern island province of Hainan will eke out a profit by the end of this year after enduring years of losses.

12 December 2019 Asia Pacific

SHPGX trades first LNG in three weeks

The Shanghai Petroleum & Gas Exchange saw 60,000 tons of LNG traded last week from CNOOC’s Zhuhai terminal.

11 December 2019 Asia Pacific

Asian spot LNG price down on weak demand

Average prices fell by 2.5% week on week last week and closed Friday at $5.47/MMBtu compared with $8.82/MMBtu at the same point in 2018.

10 December 2019 Asia Pacific
Inpex's Ichthys LNG facility

Potential for six new trains at Darwin LNG

With strong government backing, Australia is moving swiftly to maximise a narrow window to expand LNG exports ahead of a wave of low-priced LNG from the US and other regions.

5 December 2019 Asia Pacific

CNOOC’s Tianjin FSRU ups trucked LNG sales in November

The facility sold an average of 338 truckloads of LNG per day last month compared with 312 in October.

5 December 2019 Asia Pacific

Chinese wholesale LNG price flat in November

The average price over the month was $12.17/MMBtu, little changed from October.

3 December 2019 Asia Pacific
An offshore platform.

Exxon abandons Aussie LNG import plans to focus on liquefaction

The company is no longer considering funding a terminal in the state of Victoria as it looks to refocus its operations on large-scale LNG export projects in the US, Mozambique, PNG and Brazil.

2 December 2019 Asia Pacific
A Qatargas tanker docked at an LNG terminal in China

Qatar embarks on aggressive LNG strategy

The country’s decision to further expand its liquefaction capacity is a clear signal to competitors that it will vigorously defend its share of the LNG market.

29 November 2019 Middle East & Africa

Tianjin FSRU holds top spot for Chinese trucked LNG sales

The CNOOC facility sent out an average of 393 tanker trucks of LNG per day last week, making it China’s top-selling terminal.

28 November 2019 Asia Pacific
ELNG, Idku, Egypt

Egypt faces struggle in push for hub status

Egypt has struggled to find interested customers for its LNG cargoes, which could quell the impetus to boost production from its Idku and Damietta plants.

28 November 2019 Middle East & Africa
Port Moresby, PNG

Tougher terms to cause more delays at PNG LNG

PNG’s new prime minister is clamping down on favourable terms ExxonMobil has long enjoyed for its PNG LNG project as he seeks to reap greater financial rewards for the state.

28 November 2019 Asia Pacific

China's domestic LNG price up nearly 9% as heating season begins

The average price of LNG produced in China reached $11.45/MMBtu last week as the country entered the heating season.

27 November 2019 Asia Pacific
Drilling in Algeria.

Tunisia and Morocco see uptick in domestic production

North Africa’s less-endowed resource holders are looking to boost domestic gas activity in a move to curb the surging cost of Algerian gas imports.

26 November 2019 Middle East & Africa

Asian spot LNG prices up by 9%

Average prices for spot LNG in Japan, South Korea, China and Taiwan were up by 9.07% last week, but prices closed Friday down by almost half on an annual basis.

26 November 2019 Asia Pacific

Russian LNG becomes Spain’s biggest gas source in September

LNG volumes from Russia overtook supplies of piped gas from Algeria as a source of gas imported by Spain for the first time in September.

25 November 2019 Europe & Russia

Vietnam’s energy challenge in figures

Vietnam is seeing a rush to build LNG terminals in a move to displace coal in power generation and meet booming electricity demand.

25 November 2019 Asia Pacific
Bonny Island LNG, Nigeria

Nigeria LNG expansion – a race against time

An unfavourable commercial environment and adverse market dynamics present significant hurdles to the Nigeria LNG expansion project despite the developers closing in on FID.

21 November 2019 Middle East & Africa

Viewing 41-60 of 8,046 articles