The LNG Opposition Team, a group established to derail the plans of Virginia-based AES, which expects to build a liquid natural gas terminal in eastern Baltimore County declared that it has scheduled a press conference at 11 a.m. today in Turners Station. For full story, click here
Continue reading "Foes of Natural Gas Terminal to increase safety, security issues"
Tuesday, May 12, 2009
The South Hook LNG Terminal, which is being formally inaugurated today is reported that it will pump Qatari gas into the national grid and heat homes and business establishments throughout the UK. For full story, click here
Continue reading "Landmark LNG terminal has opened today"
Wednesday, April 22, 2009
India may rank among the largest markets for spot cargoes of liquefied natural gas this year as Japan, South Korea and Spain slash purchases. For full story, click here
Continue reading "India Lures LNG Cargoes as Asia, Europe Cut Imports"
Thursday, March 19, 2009
Global prices of natural gas which is rising replacing liquid fuel, dipped by more than 50% over the last six months, leading to huge foreign exchange savings on imports. For full story, click here
Continue reading "50% cheaper LNG may save $750mn in Fiscal 2010"
Sunday, March 15, 2009
Qatargas and Shell signed a memorandum of understanding for jointly researching liquefied natural gas logistics with an objective to develop new ways of optimising supply chains to deliver to LNG global markets. Faisal Al Suwaidi, Chairman and Chief Executive Officer of Qatargas Operating company, stated: We are pleased to be able to be a partner with [...]
Continue reading "Qatargas signs agreement on LNG research with Shell"
Monday, March 2, 2009
India’s import of Liquefied Natural Gas (LNG) could more than double this year due to the rise in supply globally, say market players. For full story, click here
Continue reading "India’s LNG imports may double this year"
Sunday, February 22, 2009
LNG Ltd. announced that its $500 million plant in Australia is set to get the go-ahead by the year-end after an investment by Golar LNG Ltd. Maurice Brand, managing director of Perth-based LNG Ltd., said: Golar, a Norwegian operator of LNG tankers, will take a 40 percent stake in the project in Queensland state and invest about $100 [...]
Continue reading "LNG Ltd. Sees Project Approval in 2009"
Wednesday, December 17, 2008
Indian buyers have brought Asia’s already-slow spot market for liquefied natural gas (LNG) to a virtual halt as they switch to naphtha, an alternative fuel that has tumbled in price in line with oil. For full story, click here
Continue reading "India curbs LNG buying as naphtha cheap option"
Wednesday, December 17, 2008
Gujarat State Petroleum Corp has raised the capacity of its planned LNG terminal by 30 percent to 6.5 million tonnes a year after a slump in prices of metals used in construction, two company sources said. For full story, click here
Continue reading "‘Gujarat Petro ups LNG unit capacity’"
Friday, November 28, 2008
Thieves tapping into energy pipelines in southern Nigeria have forced Nigeria LNG Limited, supplier of 10 percent of the world’s liquefied natural gas, to warn it may not be able to meet all of its export obligations. For full story, click here
Continue reading "Thieves force Nigeria LNG to declare force majeure"
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Tuesday, May 26, 2009