Russian LNG export player Novatek, France’s Total and Italy’s Eni signed exploration and production agreements with the government of Lebanon to explore and produce hydrocarbons offshore the country. The deal includes offshore blocks 4 and 9 in the Eastern part of the Mediterranean Sea. Novatek, the
Two contractors shortlisted to build LNG Canada’s Kitimat export plant Shell-led LNG Canada said it had short-listed two international consortiums for the engineering, procurement and construction of its proposed liquefied natural gas (LNG) export facility in Kitimat, British Columbia. World’s large
Egypt’s imports of liquefied natural gas (LNG) declined dramatically in January as the country is gearing towards halting the imports due to increase in domestic gas production. The country’s LNG imports in January dropped 66% year-on-year, pursuing the downward trend registered in the fourth quarte
Turkey commissioned on Wednesday the country’s second floating storage and regasification unit (FSRU) at a port in Dörtyol, Hatay located on the country’s Mediterranean coast. The MOL FSRU Challenger, the world’s largest FSRU, arrived in Turkey in November last year following delivery to its owner o
Trading companies Gunvor and B.B. Energy submitted the lowest bids in a tender to supply Pakistan with three liquefied natural gas (LNG) cargoes in April. The state-owned Pakistan LNG launched the tender in January with three delivery windows across April. Four companies took part in the tender incl
Elcome International, the Dubai-based maritime solutions provider, said it had completed a satellite communications retrofit program for a major fleet of liquefied natural gas tankers providing broadband data and voice services. The company said in a statement on Tuesday that its team decommissioned
Hyundai Heavy scores $500 million contract for Steelhead LNG’s export project in Canada South Korean shipbuilding giant Hyundai Heavy Industries said it had won a contract worth about $500 million for a liquefaction unit to be used for Steelhead LNG’s Kwispaa LNG export project in Canada’s British C
Four trading houses traded an impressive 9 percent of total liquefied natural gas (LNG) sold worldwide in 2017, according to a report by the research and consultancy group Wood Mackenzie. Trafigura, Vitol, Gunvor and Glencore are “dominating” the LNG trading landscape and these four firms traded abo
Qatar Petroleum, the world’s largest producer of liquefied natural gas (LNG), has won exploration rights in five offshore blocks in Mexico. The winning bids were announced on Thursday by the National Hydrocarbon Commission of Mexico (CNH) at the conclusion of a public bidding session in Mexico City,
Increasing vessel supply will keep liquefied natural gas (LNG) charter rates under pressure in 2018, despite strong growth in trade, according to a report by the shipping consultancy Drewry. Drewry’s short-term outlook for LNG charter rates remains pessimistic because of the high fleet growth rate c
Noble Energy said on Monday it would sell a 7.5 percent stake in the Tamar natural gas field, offshore Israel, to Tamar Petroleum in a deal valued at about $800 million. Under the deal, the Houston-based Noble will receive $560 million in cash and 38.5 million shares of Tamar Petroleum. The company
Oman LNG in 7-year supply deal with BP Singapore Oman LNG, the state-owned operator of the country’s sole LNG export plant in Qalhat, signed a liquefied natural gas supply deal with BP Singapore, a unit of the UK-based energy giant. Water supply shortage hampers Sabine Pass LNG production Issues wit
Q-Flex liquefied natural gas carrier Al Aamriya recently undergone a routine survey at the Erhama Bin Jaber Al Jalahma Shipyard in Qatar’s Port of Ras Laffan, according to the LNG shipping giant Nakilat. Nakilat and the Japanese J5 consortium jointly own and operate the 210,168-cbm LNG carrier. The
Despite pressure from neighbors Saudi Arabia and United Arab Emirates, Qatar is gearing for further investment in the development of new gas projects.
