Japan, South Korea cut back on LNG imports, but emerging Asian markets increase demand, EIA says.
Marketing for PNG LNG is handled by ExxonMobil for all the partners, Reuters reported.
U.S. firms across the value chain can take advantage of opportunities that will emerge from Mexico’s energy reform, say experts at EnerCom.
The draft environmental impact statement was released on July 17, according to the Aug. 23 press release.
Reuters reported that, according to the Tanzanian government, once completed, the LNG plant would have an expected economic lifespan of more than 40 years.
The Australian construction company, CIMIC Group, is seeking as much as A$1.86 billion (US$1.42 billion) regarding the dispute over the Western Australian project's jetty.
Woodside Petroleum, which is Australia's biggest LNG producer, said output cuts at Gladstone LNG would not have a huge impact on the LNG market, Reuters reported.
Thailand currently has a long-term contract with Qatar for supplies of up to 2 million tonnes of LNG per year, Reuters reported.
While commissioning of export trains sparks celebrations, the U.S. remains an importer of LNG.
2016 hasn’t been outstanding for many in the oil and gas industry, but Cheniere Energy counts it as a success.
As short-covering demand by trading firms lessens, supplies are having to fall back on relatively thin end-user demand, helping explain price declines, another trader said, Reuters reported.
Despite massive natural gas reserves, the Middle East-North Africa region lags in production and is primed for a bump in LNG imports.