Top news of the week April 11-16, 2016

Shell CEO: time to innovate to reduce LNG costs

The LNG industry needs to continue to innovate to drive down capital costs across the LNG value chain to make gas competitive with other sources of energy such as coal and renewables, Ben van Beurden, CEO of LNG giant Shell said on Tuesday.

Cheniere to export sixth Sabine Pass cargo onboard Teekay’s first MEGI newbuild

Cheniere’s Sabine Pass LNG export terminal is to ship its sixth commissioning cargo since start-up onboard Teekay’s first MEGI-powered LNG carrier.

Petronas CEO sees bright LNG future

Malaysian energy giant Petronas expects a bright future for the global liquefied natural gas industry despite the downturn in global oil and gas prices, the company’s CEO Datuk Wan Zulkiflee Wan Ariffin said on Wednesday.

Iran in LNG supply MOU, new FLNG development emerging

Enel Trade, an Italian gas and power utility has signed a memorandum of understanding with the National Iranian Gas Export Company to buy liquefied natural gas.

Woodside CEO: future LNG developments should be phased, smaller

Woodside’s CEO Peter Coleman said on Tuesday that future LNG developments need to be phased, more innovative, and potentially smaller in order for the LNG industry to grow to its full potential in the world’s future energy mix.

LNG World News Staff