International trading firms Petredec and Glencore lifted cargoes from Iranian ports in December.
Read More »Russia Begins Production on Second Liquefied Natural Gas Plant
Novatek owns a 50.1% stake in Yamal LNG. France’s Total and China National Petroleum Corp each control 20%. while China’s Silk Road Fund owns 9.9%.
Read More »Rise in South Pars Condensate Exports
The field holds an estimated 51 trillion cubic meters of gas and some 50 billion barrels of gas condensate.
Read More »Total Signs LNG Mega-Supply Deal
The deal will keep busy CMA CGM’s nine newbuild container ships. scheduled for delivery starting 2020.
Read More »Qatar. other Major Players to Continue Long-Term LNG Deals
Projections of LNG demand reveal growth of over 3%-5% per year until 2030.
Read More »As OPEC Extends Output Cuts. Asia Turns to North America for more Oil
The U.S.-Asia route is at least twice as long as that from the Middle East to the main Asian trading hubs in China. Japan. South Korea. Taiwan and Singapore.
Read More »Oil Falls on Uncertainty over OPEC Deal. Rise in U.S. Inventories
The market had been looking forward to a supportive number due to the pipeline disruption from Canada.
Read More »China`s LNG Imports Rise
The surge in demand is luring spot cargoes from places such as Norway and Nigeria that are not traditional LNG sources for China.
Read More »LNG Shipping. Tomorrow’s Challenges
Japan. far from losing its LNG leadership. is positioning itself to supply cargoes to new markets around the world.
Read More »Venezuela`s PDVSA in Talks to Supply Gas to Neighbors
Venezuela injects most of the natural gas it produces back into oilfields to help maintain pressure and crude output.
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