Monday 8 February 2016
 
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LNG

UAE plans floating LNG import terminal later this year

State-owned Abu Dhabi National Oil Co (Adnoc) plans to start a new liquefied natural gas floating import terminal (FSRU) in the second half of this year, three LNG industry sources said.   The floating import ter

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Shell investors back $50 billion BG takeover

Royal Dutch Shell shareholders approved its $50 billion takeover of BG Group on Wednesday, clearing the last main hurdle to creating the biggest liquefied natural gas (LNG) trader in the world. BG shareholders are also expected to

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BP's LNG shipment highlights Egypt's payment struggle

BP's diversion of a tanker of liquefied natural gas (LNG) away from Egypt due to payment issues is the first sign that the country's currency crisis could be jeopardising its energy supplies, traders said.  

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Kuwait assessing bids for 15-year LNG deal

Kuwait is assessing bids from liquefied natural gas (LNG) providers for a 15-year supply deal to begin in 2021, trade sources said.   Kuwait is seeking a minimum of 1.5 million tonnes of LNG to be supplied over t

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Egypt struggles to pay for oil amid forex crisis

Egypt is struggling to pay for US dollar-priced oil product and liquefied natural gas (LNG) imports, cancelling purchases, and asking suppliers to extend payment terms amid an acute foreign currency crisis, industry sources said.

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LNG global capex set to reach $241bn

Capital expenditure on LNG facilities has risen substantially in recent years, a report said, noting that this trend is set to continue with total expenditure expected to reach $241 billion between 2016 and 2020. “Emissions

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LNG import terminal back at full capacity: Nepco

Jordan's National Electric Power Company (Nepco) said its floating liquefied natural import terminal was back working at full capacity after adverse weather disrupted operations earlier this month.   Nepco de

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Iran may export LNG to Iraq, Oman

Iran has received a request for the export of liquefied natural gas (LNG) to Iraq, and final negotiations with Oman are underway to sign a contract to supply gas from Jask terminal in southern Iran, a senior official said in a report.

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Iran may export LNG to Iraq, Oman

Iran has received a request for the export of liquefied natural gas (LNG) to Iraq, and final negotiations with Oman are underway to sign a contract to supply gas from Jask terminal in southern Iran, a senior official said in a report.

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Big LNG buyers rework contracts as competition hots up

Global oversupply and sliding prices are pushing big natural gas buyers of LNG from India to China to look at reworking long-term agreements in what was for long a producer-controlled market. Banking on a tide of new liquefied nat

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