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
Bangladesh will ink an initial agreement in end-May with the US consortium comprising Astra Oil and Excelerate Energy for building the country's first LNG import terminal at Moheshkhali Island, a senior Petrobangla official said Friday. ...
Tags: LNG Import Terminal
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
State-owned PetroChina lost some Yuan 49 billion ($7.9 billion) last year importing natural gas from foreign suppliers and selling it at lower domestic prices in China, the company revealed Thursday when it released its 2013 financial ...
Tags: Natural Gas, PetroChina, pipeline gas
Not content with selling gas domestically, some of China's private gas distribution companies are becoming increasingly ambitious and are planning to enter the LNG import business, competing directly with state-owned LNG buyers such as ...
Tags: Gas, LNG Imports, Natural Gas
Liquefied Natural Gas Ltd (the “Company”) is pleased to advise that its 100% owned project company, Magnolia LNG, LLC (“Magnolia”), has signed a Tolling Term Sheet with LNG Holdings Corp., (“LNG ...
Tags: LNG Project Tolling Term Sheet, sign, LNG Holdings Corpmtpa
The UK's Petrofac has agreed to increase its stake in the Abu Dhabi-based Petrofac Emirates joint venture to 75% from 50% as the remaining state-owned holding is privatized, Petrofac said Thursday. Following both transactions, the ...
Tags: Petrofac Emirates, Chemicals
Singapore's sovereign wealth fund, Temasek, made net investments of S$4 billion ($3.16 billion) in its energy and resources portfolio in the year to March 31, the fund said Thursday. The new investments included acquiring an additional 5% ...
Shell is proceeding with front-end engineering and design work for its proposed LNG import facility in Batangas, Philippines, it said Sunday. The decision comes a year after Shell signed a memorandum of understanding with the Philippines' ...
Tags: Shell, LNG Import
Thailand's PTT LNG, a subsidiary of state-owned oil and gas company PTT, is going ahead with plans to double capacity of its existing 5 million mt/year LNG import terminal despite severe under-utilization of the facility. "The government ...
Freeport-McMoRan Energy has missed its deadline and can no longer build an onshore Alabama pipeline to a longer offshore pipeline that would have brought liquefied natural gas from an import terminal in the Gulf of Mexico, the US Federal ...
India's state-owned gas utility GAIL expects to import 34 spot LNG cargoes in fiscal year 2013-14 (April-March), more than double the 16 spot cargoes it imported in the previous year, to meet demand for the Dabhol LNG terminal and make up ...
Tags: Metallurgy, Mineral, Energy, gas
China's largest buyer of LNG, China National Offshore Oil Corp., is unlikely to seek additional spot cargoes before August as it has sufficient inventory from its term contracts, said industry sources Friday. A source close to the 2.8 ...
Tags: Spot LNG Cargoes, Chemicals
Sumitomo and Tokyo Gas have concluded a natural gas liquefaction tolling agreement with Dominion Resources and signed heads of agreements to supply LNG from the US company's proposed Cove Point project in Maryland, the Japanese companies ...
Repsol on Tuesday announced a $6.7 billion deal that will see Shell purchase a package of LNG assets from the Spanish firm. Repsol will sell Shell its interests in LNG facilities in Trinidad and Tobago, Peru and Spain as well as LNG ...