Top news of the week August 25-30, 2014

Top news of the week August 25-30, 2014

Chevron struggling to sell Gorgon LNG capacity

Chevron is having a hard time to complete the 20-years sales contracts for its Gorgon LNG export plant in Australia, as buyers look for cheaper deals.

Wood Mackenzie: Malaysia could overtake Qatar on the LNG market

Wood Mackenzie asserts that by 2020, Malaysia has the potential to be the largest supplier of flexible LNG to the global market, larger even than Qatar.

Future role of LNG in Europe shrouded in uncertainty

Demand for natural gas in Europe has fallen dramatically, which has led to a severe drop in imports of LNG.

Sabine Pass LNG: stage 1 construction 71.8 pct complete

Sabine Pass LNG, a unit of Cheniere Energy, filed a report with the U.S. FERC covering construction activities through July at the Sabine Pass LNG terminal, located in Cameron Parish, Louisiana.

Samsung C&T gets SLNG terminal expansion EPC contract

Singapore LNG Corporation has awarded the Engineering, Procurement and Construction (EPC) contract for the Phase 3 expansion of the Singapore LNG terminal to Samsung C&T Corporation.

 

LNG World News Staff, August 31, 2014