Tagged Forecast

Germany playing catch-up in LNG-fueled long-haul market

Rate this article By Adnan Bajic The distribution of liquefied natural gas (LNG) as fuel for long-distance haulage has only recently started gaining momentum in Germany. Courtesy of Iveco The segment has been experiencing a boom across Europe for a while, German LNG Terminal, the joint venture aiming to build and operate an LNG terminal…

Australia: LNG export earnings forecast to dip

Rate this article By Adnan Bajic Australia’s LNG capacity expansion is nearing its end and although the country has taken over the LNG exporter top spot in 2019-20, the earnings are expected to dip. Courtesy of Woodside In its Resources and Energy Quarterly report, Australia’s Department of Industry, Science, Energy and Resources, noted that the…

Jemena plans to connect Port Kembla LNG facility to EGP

Rate this article By Adnan Bajic Australia’s energy infrastructure company, Jemena, has submitted plans to the New South Wales government to connect a proposed LNG import terminal at Port Kembla to the Eastern Gas Pipeline (EGP). Courtesy of Australian Industrial Energy Jemena’s managing director, Frank Tudor, said the company has also advanced plans to modify…

Yard lockdown pushes back Premier Oil’s project start-up

Rate this article By Bojan Lepic Oil and gas company Premier Oil has pushed back the forecast of first gas for the Tolmount project, located in the Southern North Sea. The post Yard lockdown pushes back Premier Oil’s project… … Read Full Article Here For more great articles: Offshore Energy Today

Lundin lifts output forecast as quarterly revenues grow

Rate this article By Nermina Kulovic Lundin Energy saw its quarterly revenues grow on the back of Johan Sverdrup start-up. As a result of strong performance from the Norwegian fields, Lundin has increased its full-year production… … Read Full Article Here For more great articles: Offshore Energy Today

Tokyo Gas flags $262.7 million impairment loss

Rate this article By Adnan Bajic Japanese utility, Tokyo Gas revised its results forecast flagging a ¥28.4 billion ($262.7 million) impairment losses for the year ended March 2020. Image courtesy of Tokyo Gas The impairment losses are a result of a re-evaluation of the upstream projects in the United States, Ichthys LNG project in Western…

Australian LNG export value to drop with lower oil prices

Rate this article By LNG World News The value of Australia’s LNG exports is forecast to decline to $49 billion in 2019–20 and fall back further to $44 billion in 2020–21, in real terms, driven by declining oil-linked contract prices. Read Full Article Here For more great articles: LNG World News