News - LNG
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China National Offshore Oil Company (CNOOC) will now pay a higher price for the gas being produced from BP's Tannguh project in Indonesia, Reuters reports.
The Chinese major ships about 2.6 million tonnes of liquefied natural gas (LNG) annually from Indonesia's West Papua province to China.
Under this...
Exxon Mobil Corporation and Qatar Petroleum International (QPI) have agreed to construct a $10bn natural gas export terminal at Golden Pass LNG facility in Sabine Pass, Texas.
This arrangement would establish a commercial framework to sell up to the full 15.6 million metric ton annual (MTA) output of...
China has agreed to renegotiate the sale price of Tangguh liquefied natural gas (LNG), Indonesian President Susilo Bambang Yudhoyono said.
"Chinese leaders have agreed to my proposal for renegotiation of the Tangguh LNG sale price so that Indonesia would obtain a bigger share," President Yudhoyono said...
Singapore’s first LNG terminal started commercial operation and received its first cargo, Singapore LNG Corporation said in a statement earlier this week.
The LNG cargo was delivered by BG Group, which was awarded an LNG importer’s licence to import and sell up to 3 Mtpa of LNG. So far...
Royal Dutch Shell on Monday announced the inking of a port service agreement with Kakinada Seaports Ltd (KSL) for setting up a floating LNG import terminal at Kakinada in Andhra Pradesh, India.
A draft environmental impact assessment report has also been submitted, which along with the Port Services...
Egypt will receive the first shipment of Qatari LNG by the end of May under a gas swap deal that includes the foreign companies extracting gas locally, state-run daily newspaper Al-Ahram reported on Monday.
Under the arrangement, Egypt will buy the share of foreign companies in locally extracted LNG...
Natural Gas Europe was pleased to have an opportunity to interview Michael J.Economides, Professor of Chemical and Biomolecular Engineering at the University of Houston and Energy Tribune Editor-In-chief, at the Lebanon Oil & Gas 2013 Summit organized by IRN in...
Bangladesh’s Energy Ministry has initiated a move to extend the tenure of a deal with Qatar to import liquefied natural gas (LNG) as the country was unable to create import facilities during the two year period since the deal was inked, Financial Express Bangladesh reported citing United News of...
India's state owned Petronet LNG in talks with Russia to import about three to four million metric tons of LNG a year.
The Wall Street Journal reports that the move to buy LNG from Arctic LNG from Russia's Gazprom is part of the company's efforts to diversify imports, adding that new shipments...
Indonesia’s traditional LNG buyers like Japan, South Korea and Taiwan are likely to purchase natural gas from the Eni operated Jangkrik Northeast offshore gas field in Makassar Strait, Jakarta Post has reported. “Japan, South Korea and Taiwan are the traditional buyers. However, the discussions...