Prices for liquefied natural gas (LNG) have increased to their highest since mid-2015 in Asia, boosted by plans by OPEC and Russia to cut crude oil production. Spot prices for Asian LNG increased 50 cents from last week to around US$8.1 per million British thermal units (mmBtu), Reuters reported on
DUBAI (Reuters) – Royal Dutch Shell will sign initial agreements on Wednesday to develop Iranian oil and gas fields, an Iranian official said, the first deal by the world’s second biggest listed oil firm in Iran since sanctions were lifted. Analysts said the deals showed major oil companies were pre
Nakilat of Qatar said on Thursday it has taken over full ship management and operations of Q-Max LNG carrier Al Ghuwairiya from Shell’s trading and shipping unit. Al Ghuwairiya is the fourth Q-Max LNG tanker that will come under the management of Nakilat as part of the planned transition with Shell
Egypt has decided to postpone plans to charter a third floating regasification unit (FSRU), the Al Borsa newspaper reported on Thursday citing Petroleum Minister Tarek El Molla as saying. The third FSRU that will be used as an import terminal was expected to arrive at the end of June next year to ha
Partners in the Leviathan gas field signed an agreement for the supply of natural gas to Or Power Energies (Dalia) for the operation of its planned power station.
South Hook LNG terminal on the shores of the Milford Haven waterway is scheduled to receive a Qatari cargo of liquefied natural gas next week.
By Ron Bousso and Dmitry Zhdannikov LONDON (Reuters) – Royal Dutch Shell is considering selling out of its oil fields in Iraq as part of its global $30 billion (24.18 billion pound) asset disposal programme, industry sources said on Monday. Shell is seeking to slim down its vast oil and gas portfoli
Israel’s Delek Group secured a loan of US$1.5 to $1.75 billion, with HSBC Bank and JP Morgan to finance the development of the Leviathan gas field.
RasGas of Qatar, one the world’s largest gas exporters, delivered the third commissioning cargo to the Dunkirk LNG regasification terminal in France.
Qatari LNG shipping giant Nakilat said it has assumed full ship management and operations of Q-Max LNG carrier Umm Slal from Shell Trading and Shipping Company. Umm Slal is the third Q-Max LNG tanker that will come under the management of Nakilat as part of the planned transition with STASCo reveale
Third commissioning cargo for Dunkirk LNG, France’s fourth liquefied natural gas import terminal, shipped from Qatar, has reached the facility on Tuesday.
Fluxys-operated Zeebrugge LNG terminal has booked its first cargo of liquefied natural gas for the month of December.
At the mention of Nakilat, the first thought that springs to mind are those giant Q-Max and Q-Flex LNG tankers, the royalty of the LNG shipping industry. Nakilat’s (Qatar Gas Transport Company) current fleet stands at 63 wholly- and jointly-owned LNG carriers including 18 conventional-sized vessels.
Australian engineering company WorleyParsons on Thursday said it has been awarded a five-year deal by Shell for the Pearl gas to liquids (GTL) project and associated facilities in Qatar.
