Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Liquefied natural gas prices are poised to test record lows this year thanks to an onslaught of new supply and warmer winter temperatures curbing consumption.
Read More »Global Oversupply Sets Up LNG for a Year of Record Low Prices
China Looks to Promote Its Arctic Role
Novatek has now requested exemption from having to contract with a domestic shipyard.
Read More »Novatek will Launch Fourth Train of Yamal LNG Plant in First Half of 2020
In 2023 the Novatek CEO also plans to launch the first train of Arctic LNG 2.
Read More »Russia Abandons Plans to Catch up to US’s LNG Production
The Russian Energy Minister expects the EU to remain the primary buyer. with an estimated 325 bcm going towards Europe.
Read More »Russia Eyes Global Gas Dominance
Nord Stream 2 is the latest project in Putin’s plan for energy and geopolitical dominance in the world.
Read More »Eni CEO Sees Oil Market Stabilizing on U.S.-China Trade Deal
The partial trade deal that the U.S. reached with China should help make the global oil market more stable. Eni SpA Chief Executive Officer Claudio Descalzi said in a Bloomberg Television interview.
Read More »All 15 Yamal LNG Icebreaking Tankers Operational
The project’s Arc7 ice-class fleet is capable of shipping all of the LNG produced from the first three LNG trains and the planned Train 4.
Read More »Russia Ready to Join Oil. Gas Exploration in Pakistan
Pakistan side has a training centre at Muzaffargarh and invited Russian side to participate in the same.
Read More »Shipping Costs Soar as LNG Vessels Drop Out of Service
The cost of chartering a liquefied natural gas vessel on the short-term market has jumped the most since at least 2013.
Read More »U.S. Sanctions on COSCO Hit LNG Tankers in Russia’s Arctic
Yamal has been producing and shipping LNG above its expected capacity of 16.5 million tonnes a year (mtpa).
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