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Cheniere expects to ship first U.S. LNG export cargo in January

SINGAPORE – Cheniere Energy expects to start receiving natural gas to convert into super-chilled liquid fuel at its first U.S. LNG export terminal before the end of the year, with shipments to start in January, its chief executive said on Monday. Cheniere’s plant will mark the first exports of cheap and abundant U.S. shale gas as liquefied natural gas (LNG), ...

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Thailand seen to invest $19 billion on energy in next three to five years

BANGKOK – Thailand’s private and public sectors are estimated to spend 690 billion baht ($19.4 billion) over the next three to five years on expanding capacity of petroleum, electricity and renewables to secure energy supplies, a senior official at energy ministry said on Thursday. About 342 billion baht will be used for petroleum development, including expanding natural gas pipelines, building ...

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Oil majors face heaviest toll yet from oil downturn

LONDON – Oil majors are expected to post the worst set of earnings since the onset of the sector’s downturn, with writedowns likely to dominate headlines as companies respond to a further drop in the price of crude in the third quarter. Between Oct. 26 and Nov. 12 the world’s top listed oil and gas producers will reveal just how ...

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BP signs $10 billion gas supply deal with China’s Huadian

LONDON – Oil major BP has signed a $10 billion liquefied natural gas (LNG) supply deal with China’s Huadian power producer, sealing the agreement as part of Chinese President Xi Jinping’s state visit to Britain. BP will supply up to 1 million tonnes of LNG per year over 20 years to Huadian, China’s largest gas-fired power generator. The oil major ...

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$400M floating gas terminal to be built

MANAMA, Bahrain — A contract to set up a multi-million dollar floating gas terminal off the coast of Bahrain will be awarded next month. The $400 million Liquefied Natural Gas (LNG) terminal will be constructed near Khalifa Bin Salman Port, on Bahrain’s northeast shore. Energy Minister Dr Abdulhussain Mirza said it would be operational by early 2018 and would receive ...

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Company proposes expanding natural gas service to 4 local towns

A utility company is seeking to expand its natural gas distribution system to four Cheshire County towns on, or abutting, the proposed Northeast Energy Direct pipeline route. And while some view the move as an opportunity to boost the region’s economic development, it’s not sitting well with those opposed to the pipeline. “I really think this just gives the pipeline ...

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Company announces plans for major LNG facility in Cameron

CAMERON, La. — A Louisiana-based company says it plans to build a massive facility along the Calcasieu River ship channel to export liquefied natural gas. Baton Rouge-based G2 LNG LLC. announced on Monday that it plans to construct an $11 billion liquefied natural gas export facility on the ship channel in Cameron Parish. If built, it would be one of ...

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Alaska governor outlines trip to Japan for gas conference

ANCHORAGE, Alaska — Gov. Bill Walker said Friday he is heading to Japan next week to speak at a conference on liquefied natural gas and spread the word about Alaska’s proven gas reserves. Walker is listed as a keynote speaker at the LNG Producer-Consumer Conference in Tokyo on Wednesday. He said he plans to meet with prospective LNG buyers about ...

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Interview – Egypt says Zohr gas find will not undermine talks on imports from Israel

CAIRO – The discovery of the Zohr natural gas field off Egypt will not undermine private-sector negotiations about buying gas from Israel, Egypt’s petroleum minister said, playing down fears that potential deals could be under threat. Italian energy company Eni announced on Sunday that it had found an estimated 30 trillion cubic feet (tcf) of gas in the Zohr field, ...

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