The Platts LNG Japan Korea Marker for August ended the Asian trading at $11.925/MMBtu Friday, falling 10 cents on the week, as the result of the recent North West Shelf tender weighed on the market sentiment. Demand from end-users ...
A proposed free trade agreement between Canada and South Korea would remove the current 3% to 8% tariff that Canadian oil and gas producers have to pay for exports into that Asian nation, a Canadian government spokeswoman said Monday. ...
Tags: LNG Exports, Oil Exports
Brazilian imports of LNG are up 6.4% so far this month, averaging 40,765 cubic meters/d in June, compared to an average 38,313 cu m/d during the prior month, according to the latest data from Platts unit, Bentek Energy. The rise in LNG ...
Tags: LNG, LNG Imports
The delivery ceremony of 100 units of new mixer trucks was held on 16 June this year, which were produced by SANY Group for Chongqing Sifang Concrete Company and Sheng Hua, deputy general manager of SANY Group attended it. Annual output ...
Tags: Transportation, Truck, Mixer Trucks
Despite its many advantages, natural gas is losing ground globally to its rivals while buyers and sellers struggle to agree on what constitutes a fair price, the International Energy Agency said in a report published Tuesday. In its ...
Tags: Natural Gas, Coal
More than half of Asia's gas needs will be supplied by LNG by 2030, Santos Ltd CEO David Knox said Thursday, adding that this will provide the Australian LNG exporter opportunities to grow. Speaking from the Brisbane Mining Club, Knox ...
Tags: Gas, Chemicals, Metallurgy, Mineral, Energy
German utility group E.ON and Qatari producer RasGas have signed a three-year flexible deal to deliver up to 2 billion cubic meters of LNG over the term of the deal from Qatar to the UK's Isle of Grain LNG import terminal, where E.ON has ...
Tags: RasGas, LNG contracts
Australia is due for a second wave of LNG project development, despite spiraling costs that have hindered further progress in recent years, Santos Vice President of LNG Markets and Eastern Australia Commercial Peter Cleary said. Speaking ...
Tags: LNG Development, LNG Markets
C&C Truck dealer Nanning Tongchao Company sent five K-gold trucks with K13N engines to customer on May 16, 2014, and this is the first K-gold trucks entering Guangxi markets. Guangxi is remote area for supply of natural gases, together ...
Tags: C&C Trucks, Engines
The UK gas market was short of supply during the morning Wednesday with demand above seasonal norms as the country stepped up exports to the Continent. At 11:00 am London time, the UK NBP within-day contract was valued at 44.20 ...
Tags: gas market, pipeline
The Angola LNG plant is expected to resume production in mid-2015 after a rupture on a pipeline forced it to shut down, a spokesman for Angola LNG said Wednesday. "Following investigation into the incident that took place at the plant in ...
Sellers at the 8th Asia LNG summit in Beijing Wednesday said there is a growing shortfall of LNG globally, as buyers wait on the sidelines, preferring to sign LNG term contracts linked to other indexation points rather than traditional ...
Tags: Potential LNG, gas
US net natural gas imports fell 14% last year to 1,311 Bcf, the lowest level since 1989, as US production likely set a new record, the Energy Information Administration said Wednesday. The agency said total imports in 2013 fell 8% to ...
Tags: natural gas, Pipeline
India's state-owned gas transportation utility GAIL Monday announced another quarter in which natural gas transmission and sales volumes fell, as domestic production continued to decline. GAIL's natural gas transmission for the ...
Tags: natural gas, trunk pipeline
Argentine oil production fell 0.4% in March compared with the year-ago period, while natural gas output rose 0.5% over the same period, an industry report showed Friday. Crude production declined to an average of 533,651 b/d in March from ...
Tags: oil production, Oil Output