Lng Supply news and technical articles from Oil & Gas Journal. Search Lng Supply latest and archived news and articles
Global gas trends through first-half 2012 show the LNG market for the next 5 years will increasingly tighten and residual volumes left for Europe will shrink.
Qatar Liquefied Gas Co. Ltd. (Qatargas 1) has signed a long-term LNG sales and purchase agreement with Tokyo Electric Power Co. Inc. (Tepco), Japan’s largest LNG buyer. The SPA was signed June 11 in Doha.
Shell Eastern Trading (Pte.) Ltd., trading as Shell Eastern LNG, and CPC Corp., Taiwan, have signed a heads of agreement for long-term supply of LNG from Shell’s global LNG portfolio. Under the agreement’s terms, Shell will supply 2 million tonnes/year for 20 years starting in 2016.
BG Group signed a heads of agreement agreeing to provide LNG in India on a long-term basis to Gujarat State Petroleum Corp. (GSPC). Terms of the HOA call for as much as 2.5 million tonnes/year for a 20-year period starting as early as 2014. The LNG volumes will be sourced from BG Group’s global ...
Tokyo Gas Co. signed a heads of agreement for the sale and supply of LNG to Hokkaido Gas Co.
Cheniere Energy Inc., Houston, further developing its plans to export LNG from its Sabine Pass, La., import terminal, announced last week it had signed a memorandum of understanding with Klaipedos Nafta, Vilnius, to “address Klaipedos Nafta's future natural gas needs” and assess LNG purchase and ...
How US markets will accommodate the impending flood of LNG continues to puzzle industry observers.
Castle Peak Power Co. (CAPCO), Hong Kong, signed a heads of agreement on June 20 with BG LNG Trading, a subsidiary of BG Group PLC, to import 1 million tonnes/year of LNG from BG, for up to 20 years, starting in 2013.
BG Group PLC and Singapore's Energy Market Authority (EMA) have signed a memorandum of agreement for BG to provide as much as 3 million tonnes/year of LNG for up to 20 years, starting in 2012.
LNG Ltd., Perth, has signed a heads of agreement to supply 1.8 million tonnes/year of LNG to Kitimat LNG Inc., a unit of Galveston LNG Inc., Calgary, for delivery to Kitimat's recently approved, proposed receiving terminal in British Columbia, Canada (OGJ Online, Aug. 28, 2006).