The LNG market is set to continue to grow substantially as new export terminals are scheduled to come online in the coming years in order to match the considerable natural gas production growth in the U.S. and Australia.
Qatar expects exports from its Golden Pass joint venture in Texas to begin in 2021, an advisor to the government said May 25.
Poland consumes about 16 Bcm of gas a year. LNG supplies to Baltic Sea terminal are part of Poland's plan to reduce reliance on supplies from Russia's Gazprom, Reuters said.
Oil markets will rebalance in the near term, but natural gas imbalances will be much longer-term, the long-time oil and gas executive told the recent Houston Producers Forum.
No trucks or vessels will be allowed to load or unload at Elengy terminals at Montoir-de-Bretagne on the Atlantic coast and at Fos Tonkin on the Mediterranean coast, Reuters reported.
Wood Mac report concludes that costs, not Russian production, will determine success of U.S. LNG exports.
Chevron has a 36.4% share in the plant, while Angolan state oil firm Sonangol has 22.8%. Other stakeholders include Total, BP Plc (NYSE: BP) and Eni, Reuters said.
Agreement outlines necessary conditions and approvals-- government and regulatory approvals in British Columbia and Hawaii will be required, as well as approval of merger of Hawaiian Electric and NextEra Energy Resources.
Proposed 27-million-metric-ton-per-year LNG export facility at Port of Brownsville, Texas, could cost company up to $20 billion to build.
The Polish Oil and Gas Co. tender to buy five cargoes will be awarded on, with traders as far afield as Singapore following the outcome to discern its wider impact on prices, Reuters reported.
Effective immediately, Fusco will succeed Neal A. Shear, who had replaced Charif Souki, the Houston-based company's co-founder, as president and CEO on an interim basis.
Contracts signed by French gas utility Engie SA and power utility EDF with a U.S. producer have led to the import of LNG which contained about 40% shale gas, French Energy Minister says.