Search result for LNG
Santos reports recording sales and volumes following the merger, as well as high natural gas prices
Since completing a merger with Oil Search Ltd. in December, the producer has reported its first full quarter of earnings. The addition of liquefied natural gas (LNG) and oil assets in Papua New Guinea and Alaska, according to management, boosted volumes and sales numbers over time.
Acco...
Will Australia's gas prices rise if Russia's supply is disrupted
As economic sanctions on Russia become more severe, efforts have been made to separate crucial energy exports from the mix. This may be just wishful thinking.
Last week, US Vice President Joe Biden stated sanctions on Russia were "particularly designed to allow energy payments to c...
Global LNG supply expected to remain constrained, BHP
The worldwide LNG market's tight supply scenario is expected to last through the second half of the fiscal year 2021-22, according to BHP, but prices may fall quickly if fresh supplies materialise.
In a blog post, BHP vice-president of market analysis and economics Huw McKay stated ...
Increased Gas Prices in Europe Lure LNG Cargoes from the US
The energy crisis in Europe is nowhere near over. With no signs of Russia backing away its troops from Ukraine or reversing the gas flow in the Yamal-Europe gas pipeline that has resulted in a much-reduced supply of natural gas to the continent, the European Union has been left in an awful state ...
S. KOREAN SHIPBUILDERS RECEIVED HIGHEST ORDERS IN JAN-MARCH PERIOD
Highlights –
- S. Korean shipbuilders received highest orders in Jan-March period.
- HHIC won new orders for 126 ships or 5.32 million CGTs in Jan-march period.
- KSOE won new orders of 68 ships at $5.5 billion.
- Samsung Heavy Ind...
JAPAN TO BOOST EFFORTS TO SUPPORT ASIAN COUNTRIES TO SHIFT TO LNG
Highlights –
- Japan to boost efforts to support Asian countries to shift to LNG.
- Japan is known to be the world’s largest LNG consumer.
- Japan plans to procure LNG from Australia, Qatar, and the United States.
- In 2019, ...
North America small scale LNG (SSLNG) market by Current Industry Status, Growth Opportunities, Top Key Players, and Forecast till 2027-A Report by Absolute Markets Insights
- North America small scale LNG (SSLNG) market was valued at US$ 531.10 Mn in 2018 and is anticipated to grow at a CAGR of 17.2% over the forecast period (2019 – 2027).
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The Prime Minister of Ireland (Taoiseach) Leo Varadkar received an e-mail from Mark Ruffalo regarding the proposed LNG terminal for importing gas from US. The actor pleaded with the Taoiseach to not sanction the import of fracked gas from US. The proposed Shannon LNG terminal caused upr...
Shannon LNG terminal opposed by Hollywood actor Mark Ruffalo
LNG dealers may lose $15B in income because of IMO 2020
The presentation of the IMO 2020 guideline in January 2020 is relied upon to bring income misfortunes of generally $15 billion to merchants of condensed gaseous petrol (LNG) connected to the JCC (Japan Crude Cocktail), as per Wood Mackenzie. The counseling firm said the guideline restricting sulf...
Gasum to take hold of two huge business
The AGA’s Clean Energy Business along with the Bunkering business of Nauticor is in the process of a shift of owners as Gasum is about to take hold of both the businesses from their owners
Altogether both the business have around thirty-five employees, whereas both the comp...