Chevron Corp.’s Australian subsidiaries signed a binding sales and purchase agreement (SPA) with a division of South Korea’s SK Group, SK LNG Trading Pte Ltd.
Most of the proposed LNG plants meant to ship cargoes out of the U.S. will “never be built” as the collapse in oil prices damps global demand for the nation’s gas, according to Sanford C. Bernstein & Co.
Excelerate Energy LP completed its 700th commercial Ship-to-Ship (STS) transfer of LNG on Jan. 7 in Escobar, Argentina, at the GNL Escobar LNG import facility, the company said in a statement.
Research firm Wood Mackenzie released its annual review of the LNG industry, titled “LNG: 2014 in Review,” the company said in a Jan. 8 statement.
The departure of the first LNG tanker from Queensland’s Gladstone Harbor on Jan. 5 marks the start of Australia’s completion of Queensland Curtis LNG – the first of three Queensland CSG-to-LNG export projects to be commissioned.
Cheniere Energy Inc., the developer of the first U.S. LNG export terminal in decades, received authorization to build a second one.
Houston-based Excelerate Energy LP has asked the U.S. Federal Energy Regulatory Commission (FERC) to put a hold on its Lavaca LNG project in Port Lavaca, Texas.
For Australia, a landmark free trade agreement (FTA) with the United States in 2005 has been followed by a “trifecta” of FTAs this year with China, Japan and South Korea.
BG Group has been loading the first cargo of LNG from its Queensland Curtis LNG (QCLNG) facility since Dec. 28, the company said in a Dec. 29 statement.
Wave Of Promise For FLNG.
GasLog Ltd. entered into an agreement with BG Group affiliate Methane Services Ltd. to acquire two modern tri-fuel diesel electric LNG carriers for $460 million.
GE and Sabine Pass Liquefaction, a subsidiary of Cheniere Energy Partners LP, entered into a $1 billion, 20-year service contract.