Top news of the week May 14-19

Souki: U.S. players need new model to secure $100 bln LNG investment

The United States liquefied natural gas market players will have to find a new model enabling them to finance the transition into a true commodity market, as long-term contracts won’t be needed in the future.

Russia’s Novatek in small-scale LNG push

Russia’s largest independent natural gas producer and the operator of the giant Yamal LNG export plant, Novatek is developing several small-scale projects and plans to launch its first such facility by the beginning of next year.

Hoegh LNG head sees FSRUs as renewables back-up

Head of the floating LNG giant Höegh LNG sees floating storage and regasification units (FSRUs) as a back-up for renewables.

Ophir given Fortuna FLNG ultimatum

London-based Ophir Energy could face a cut from the Fortuna FLNG project in Equatorial Guinea as the country’s government loses patience over project delays.

Total plans LNG bunkering development in Oman

France’s Total has signed a memorandum of understanding (MoU) with the government of Oman to develop natural gas resources and LNG bunkering service in the country.

LNG World News Staff