ABS secures Prestigious FLNG classification contract Tuesday, May 06, 2014 ABS, a leading provider of classification and technical services to the global offshore industry, has been awarded the classification contract from PETRONAS, ...
Tags: ABS, FLNG Classification Contract
South Korea's state-owned Korea Gas Corp said Friday it had sold 5% of its stake in LNG Canada to Shell as part of efforts to reduce its debts. "Kogas' subsidiary Kogas Canada LNG Ltd. has transferred 5% of its stake in LNG Canada to ...
Tags: Gas, LNG Canada
India's natural gas demand is forecast to more than double to 516.97 million cubic meters/day in fiscal 2021-22, according to a report commissioned by an oil ministry regulatory body. Demand in fiscal 2016-17 is forecast at 378.06 million ...
Tags: Natural Gas, natural gas demand
Spain exported more LNG than it imported for the first time ever in the week ending Sunday as 430,400 cubic meters was reloaded onto tankers, data from gas grid operator Enagas showed Monday. Three tankers were reloaded during the week, ...
Tags: LNG Exporter, LNG
South Korea is working on a mid-term plan to explore oil and gas reserves off the country's coast as part of efforts to help reduce its heavy reliance on foreign crude imports, an energy ministry official said. "The government plans to ...
Tags: Oil, LNG, foreign crude imports
Spanish LNG throughput in the week that ended Sunday fell 27.7% from the corresponding week of last year, according to data released Monday by gas grid operator Enagas. LNG throughput from Spain's six import terminals totaled 1.39 TWh ...
Tags: LNG Throughput, LNG
Pakistan's federal cabinet has approved the construction of an LNG import terminal to be built in Karachi that would initially handle around 200,000 Mcf/d, an official of the ministry of petroleum said Friday. Elengy Terminal Pakistan ...
Tags: LNG Terminal, federal cabinet
UK spot gas prices were sliding again Thursday morning, compared with Wednesday's close, as the system remained well supplied and demand low, and with regular deliveries of Qatari LNG recently. By 09:25 UK time, the NBP within-day had ...
Tags: LNG terminal, Spot Gas
Australian exploration and production company Santos produced 12.2 million barrels of oil equivalent in the first quarter of 2014, up 1% year on year, the company said Thursday. Santos attributed the rise to increased oil output following ...
Tags: Gas production, LNG, Crude oil
2014 ( the 13th ) Beijing International Automotive Exhibition will be grandly opened on April 21, 2014. The reporter was informed by SAIC Iveco Hongyan that the company this year will bring its industry-leading Hongyan Jieshi China IV ...
Natural gas demand in Italy in March fell by almost 24% year on year to 6.026 billion cubic meters, gas and power exchange manager GME said Tuesday. GME said power plant demand fell by 33% to 1.276 Bcm, one of the "strongest decreases ...
Tags: Natural gas, Gas Demand, Heating demand
Malaysia has approved a 20% increase in natural gas prices for industrial and commercial sectors in the west of the country, effective May 1, in order to reflect the cost of procuring more expensive imported LNG. Domestic natural gas ...
Tags: natural gas, LNG Cost
China's crude oil imports in March edged up 0.9% year on year to 23.25 million mt or an average 5.5 million b/d, according to preliminary data released Thursday by the General Administration of Customs. The imports were down 8.8% from ...
The Platts Japan Korea Marker for May delivery trended down 45 cents/MMBtu over the Asian trading week, closing at $14.95/MMBtu Friday, as supply for the month began to outweigh demand. Sellers were forced to reduce May offers from the ...
Tags: LNG, electricity producer, JKM
UK NBP wholesale gas prices eased Thursday morning while retaining some risk premium relating to tensions between Russia and Ukraine. At 11:00 London time, the within-day contract was valued at 51.20 pence/therm, down by 0.25 p/th, and ...
Tags: gas network, LNG tankers, LNG