LNG – Page 3 – THE OVAL CIRCLE

US diverts LNG supplies away from China

Posted on December 30, 2021December 30, 2021By Editor

Shipments now reportedly on their way to Britain … Read More >US diverts LNG supplies away from China

Accusations that Russia uses energy as geopolitical weapon are baseless, Banca Intesa chair says

Posted on October 29, 2021October 29, 2021By Editor

Russia is delivering more gas to Europe than specified under the existing contract, while the lion’s share of US liquified natural gas (LNG) promised by Washington is going to Asia, Antonio Fallico told RT. … Read More >Accusations that Russia uses energy as geopolitical weapon are baseless, Banca Intesa chair says

Business

China starts work on the world’s largest LNG storage unit

Posted on June 15, 2021June 15, 2021By Editor

China’s National Offshore Oil Corporation (CNOOC) has expanded the construction of what will be the world’s largest liquefied natural gas (LNG) storage tanks in Yancheng Binhai Port Industrial Park in Jiangsu province. … Read More >China starts work on the world’s largest LNG storage unit

Business

Iran to join LNG race in Asia with huge North Pars development

Posted on March 4, 2021March 4, 2021By Editor

Iran is looking for a piece of Asia’s growing LNG market by turning its North Pars gas field into a major producing asset. … Read More >Iran to join LNG race in Asia with huge North Pars development

Russia

Kremlin insists US sanctions against Nord Stream 2 pipeline are part of ‘hybrid war’ & amount to ‘unfair competition’

Posted on December 22, 2020December 22, 2020By Editor

US sanctions against the Nord Stream 2 pipeline linking Russia and Germany are an element of Washington’s “hybrid war” against Moscow, President Putin’s spokesman said on Monday. … Read More >Kremlin insists US sanctions against Nord Stream 2 pipeline are part of ‘hybrid war’ & amount to ‘unfair competition’

Business

ExxonMobil scraps project to build LNG terminal in Pakistan

Posted on November 3, 2020November 3, 2020By Editor

US energy giant ExxonMobil has canceled plans to build a liquefied natural gas (LNG) terminal in Pakistan, the Express Tribune reported, citing its sources. … Read More >ExxonMobil scraps project to build LNG terminal in Pakistan

Business

Japan bets big on Mozambique liquefied natural gas

Posted on July 6, 2020July 6, 2020By Editor

In partnership with the business sector, the Japanese government will invest some $14.4 billion (1.5 trillion yen) in liquefied natural gas development in Mozambique, the Nikkei Asian Review reported. … Read More >Japan bets big on Mozambique liquefied natural gas

Business

US LNG exports crash by more than 50%

Posted on June 25, 2020June 25, 2020By Editor

US liquefied natural gas exports have crashed by more than 50 percent since January as the US becomes the swing supplier for markets. … Read More >US LNG exports crash by more than 50%

Business

The newest battlefield in the European gas war

Posted on June 21, 2020June 21, 2020By Editor

The closing of a long-term deal with a major Greek gas buyer firmly positions Russian Gazprom on the Greek market, which is turning into a battlefield for LNG exporters. … Read More >The newest battlefield in the European gas war

Business

LNG price war could send natural gas into negative territory

Posted on May 18, 2020May 18, 2020By Editor

Natural gas producers could soon be about to fight out a battle for market share in which prices could fall to negative levels until some of them decide to curb output. … Read More >LNG price war could send natural gas into negative territory

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