Top news of the week November 21-26
U.S.-based energy giant ExxonMobil, signed an agreement with Babcock International Group, Bernhard Schulte Shipmanagement, Calor and Orkney Islands Council to collaborate in the Caledonia LNG project.
US president-elect Donald Trump said that among his first actions as president will be cutting some restrictions on the country’s booming shale gas industry.
Houston-based energy giant and LNG player ConocoPhillips said it is in the initial stages of marketing the liquefied natural gas export facility on the Kenai Peninsula in Alaska.
The era of 20-year contracts is not over as suppliers cannot fund the massive investment required to build new LNG projects without long-term commitments from buyers, Peter Coleman, CEO of Australian LNG player Woodside said on Thursday.
The first LNG-fueled pure car and truck carrier built for United European Car Carriers, equally owned by NYK and Wallenius Lines was christened on Monday in the port of Zeebrugge.
LNG World News Staff