Tagged LNG

Chevron starts work on Gorgon second development phase

Rate this article By LNG World News Image courtesy of ChevronUS-based energy giant Chevron said work has begun on further development at the Gorgon LNG project on Barrow Island offshore Western Australia. “Future development phases at the Chevron-operated Gorgon project have always been anticipated to maintain gas supply,” Chevron spokesman told LNG World News in…

Kosmos, BP firm ties on West African LNG project

Rate this article By LNG World News Kosmos Energy received governmental approval and completed the $916 million farm-out of assets in the Mauritania-Senegal basin to BP. Under the transaction, BP has acquired 49.99 percent interest in Kosmos BP Senegal, a joint company holding 65 percent participating interest in the Cayar Offshore Profond and the Saint…

Explosion hits Nigeria LNG pipeline

Rate this article By LNG World News Nigeria LNG plant (Image courtesy of Nigeria LNG)Nigeria LNG, the operator of the 22 mtpa liquefied natural gas plant on Bonny Island, reported a pipeline explosion on Wednesday, February 22. According to the company’s statement, the explosion went off “on a section of the Right of Way housing…

Report: OLT Offshore issues 20 LNG cargo tender

Rate this article By LNG World News OLT Offshore LNG Toscana has reportedly issued a tender seeking 20 LNG cargoes for delivery between April and September. Citing trade sources, Reuters reports that two cargoes are scheduled for delivery in September, with three cargoes to be delivered in April and June each. The remaining portion would…

Delek Group: Leviathan partners reach FID

Rate this article By LNG World News Delek Group said a final investment decision for the development of the first phase (Phase 1A) in the development plan of the Leviathan gas field has been reached by the project partners. The partners reached the FID on Thursday, February 23, setting aside a budget of approx. US$3.75…

Repsol says Canaport LNG regas volumes down on mild weather

Rate this article By LNG World News Image courtesy of Canaport LNGSpanish energy giant Repsol said Thursday its Canaport liquefied natural gas (LNG) import terminal in Canada has during the last year regasified 30.4 percent less of the fuel than the year before. Canaport’s LNG regasification volumes reached 16 trillion British thermal units (tBtu) in…

Cheniere Energy Partners makes new addition to BoD

Rate this article By LNG World News U.S. LNG export player Cheniere said changes have been made to its board of directors of Cheniere Energy Partners, following the resignation of Don Turkleson. According to a company’s filing with the SEC, Turkleson resigned as a member of the board of directors on February 15, effective February…

Moody’s says LNG prices to remain capped beyond 2020

Rate this article By LNG World News Ratings agency Moody’s expects global liquefied natural gas (LNG) prices to remain constrained beyond 2020 as a wave of fresh supply capacity comes online at a time when demand from the world’s largest importers is weakening. Strong LNG demand growth from China, India and new markets would not…

China’s LNG imports rise almost 40 pct in January

Rate this article By LNG World News Liquefied natural gas (LNG) imports into China, the world’s largest energy consumer, rose 39.7 percent in January as compared to the same month a year before, according to the General Administration of Customs data. China’s LNG imports increased to 3.44 million mt in January, the second-highest monthly import…