EghtesadOnline: Iran Liquefied Natural Gas Company will collect associated petroleum gas from West Karoun oilfields and convert them to LNG and store it in cylinders.
EghtesadOnline: Ukraine’s state-held gas firm Naftogaz is reportedly opposed to the pricing formula for US liquefied natural gas it could receive under a long-term contract, while there isn’t enough infrastructure ready to ship American LNG from Poland into Ukraine, analysts have said.
EghtesadOnline: Expanding gas export via pipelines is not on the agenda for now but export of liquefied natural gas should be a distinct priority, a former secretary general of the Gas Exporting Countries Forum said.
EghtesadOnline: US sanctions on two units of Chinese shipper COSCO hit the liquefied natural gas tanker industry on Monday as US-listed Teekay LNG said its joint venture in Russia had been “blocked” for its ties to COSCO.
EghtesadOnline: Japan's Tokyo Gas said on Friday it has signed a heads of agreement with Royal Dutch Shell for 500,000 tons per year of liquefied natural gas, with the purchase based partly on a coal-linked pricing formula.
EghtesadOnline: Although China will continue to raise its liquefied natural gas (LNG) imports this year, the 2019 rise in the world’s key LNG demand growth market may not be enough to absorb all the new supply coming on stream over the next months.
EghtesadOnline: The completion of its largest liquefied natural gas venture, known as "Iran LNG", will change Iran into a major player in the global gas market, the former secretary-general of Gas Exporting Countries Forum said.
EghtesadOnline: Qatar, the world’s biggest seller of liquefied natural gas, can still access shipping routes to deliver oil and gas to buyers after Saudi Arabia and other neighboring states barred the emirate from exporting through their territorial waters.
EghtesadOnline: U.S. liquefied natural gas was supposed to go mainly to Asia and Europe, lured by prices as much as four times higher than those at home. So far, South America has been the destination of choice.
EghtesadOnline: Nobody will ever accuse shipper Mitsui O.S.K. Lines of not thinking big. Its new 40 billion yen ($394 million) floating liquid natural gas terminal, scheduled for delivery as early as the end of this year, is longer than three football fields and capable of storing enough LNG to power all of Sweden for a day.