Egypt aims to buy more liquefied natural gas shipments over the next four months as the nation aims to avoid a repeat of last year’s chronic blackouts. Egyptian Natural Gas Holding Co. is currently aiming to import at least one shipment a month through July or August, according to people …
Read More »Red Sea Chaos to have Limited Effect on LNG Prices
Europe and Asia are set to finish the winter without significant disruptions to liquefied natural gas (LNG) supply and without price spikes, despite the ongoing chaos in global commodity shipping due to the Houthi attacks on commercial vessels in the Red Sea. Weaker demand than historical averages and higher gas …
Read More »US will Become Leading LNG Exporter by 2025
The US currently has a total of 32 projects on different stages from feasibility to commissioning.
Read More »Russia Starts Building First LNG-Powered Inland Vessel
This is the first LNG-powered passenger vessel to be built in Russia.
Read More »COVID-19. Main Culprit in Recent Oil Price Fluctuations
Iranian Minister of Petroleum Bijan Zangeneh says that coronavirus is to blame for recent price fluctuations in the oil market.
Read More »Iran Installs 3rd Offshore Platform of SPGF`s Phase 13
Patforms B13 and D13 were installed in 2019.
Read More »UAE’s Latest Natural Gas Discovery Is a Game Changer
Currently. the majority of the UAE’s income is derived from oil exports.
Read More »Saudi Arabia`s Jafurah Project to Make the Country a Gas Exporter
Saudi Aramco has already completed a number of gas processing projects.
Read More »Siemens Lands Compressor Contract for Venture Global in Louisiana
Siemens was awarded a contract to supply three boil-off compressor packages for Venture Global’s Calcasieu Pass LNG Project.
Read More »Global LNG Glut Drives Cancellations at Key U.S. Shale Terminals
A buyer of liquefied natural gas has canceled two cargoes from Cheniere Energy Inc.. the biggest U.S. exporter. as a global glut pummels prices for the fuel and threatens to shut a key outlet for shale production.
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