Daily Archives: May 14, 2020

Queensland unlocks new natural gas exploration acreage

Rate this article By Mirza Duran The government of Australia’s state of Queensland is ramping up efforts to boost local natural gas supply by opening new land for gas exploration. Image courtesy of Queensland Department of Natural Resources and Mines Queensland is unlocking more than 6700 square kilometres of gas exploration acreage in 12 parcels…

EnergyQuest: Australian LNG exports remain strong

Rate this article By Adnan Bajic Australian exports of liquefied natural gas (LNG) have held up despite the effects COVID-19 spread had on economic activity. Image courtesy of Woodside According to a report by energy consultancy EnergyQuest, Australian LNG projects shipped a total of 6.9 million tones in April. The volumes were delivered onboard 101…

Baltic Exchange launches LNG, LPG ship expenses assessment

Rate this article By Mirza Duran The London-based Baltic Exchange has launched a tool to provide quarterly assessments on the cost of operating liquefied natural gas and liquefied petroleum gas tankers. Image courtesy of the Baltic Exchange The Baltic Exchange said in a statement that data will be provided by independent third-party ship management companies….

Yamal LNG to shut two trains for maintenance

Rate this article By Mirza Duran The Novatek-operated Yamal LNG export project in the Russian Arctic will close two production units as of next week as part of planned maintenance. Two LNG carriers at the Yamal plant (Image courtesy of Novatek) Yamal LNG said in a statement on Wednesday it will shut the second and…