Top news of the week December 22-28

WoodMac sees oil slump having numerous effects on Asian LNG

As LNG contract prices are typically based on the average of the preceding six to nine months, it will be mid-2015 before suppliers feel the full effects of the low oil price on their cash flow.

Exmar orders second FLNG, secures option for more

Exmar of Belgium said it has made an order for a second floating LNG liquefaction unit at Wison Offshore & Marine.

Golar in Cameroon FLNG deal

Golar LNG signed a heads of agreement with Societe Nationale de Hydrocarbures and Perenco Cameroon for the development of an FLNG export project located 20km off the coast of Cameroon and utilizing Golar’s floating liquefaction technology (GoFLNG).

GasLog buys two LNG carriers from BG

GasLog said it has entered into an agreement with Methane Services, a unit of BG Group, to acquire two modern tri-fuel diesel electric LNG carriers for a cost of $460 million.

Fitch: U.S. LNG development could be slowed down by oil price drop

The recent nearly 50% drop in oil prices may slow the momentum behind the development of U.S. liquefied natural gas facilities, according to Fitch Ratings.

 

LNG World News Staff

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