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QP affiliate signs LNG deal with Brazil-based CELSE ECONOMY

QP affiliate signs LNG deal with Brazil-based CELSE

Qatar Petroleum said on Saturday its affiliate Ocean LNG has signed a long-term deal to provide Brazil-based CELSE-Centrais Elétricas de Sergipe with liquefied natural gas (LNG) from 2020. Under the deal, Qatar will ship 1.3 million tonnes of LNG per year on an Ex-Ship basis, it said in a statement.

4:45 AM November 25 2016
Qatargas enters into new LNG pact with Centrica ECONOMY

Qatargas enters into new LNG pact with Centrica

Qatargas, the largest producer of liquefied natural gas (LNG) in the world with an annual production capacity of 42mn tonnes per annum, has entered into a new sale and purchase agreement with Centrica.

4:45 AM November 25 2016
RasGas ships LNG cargo to FSRU Toscana in Italy ECONOMY

RasGas ships LNG cargo to FSRU Toscana in Italy

RasGas has shipped its first liquefied natural gas (LNG) cargo to the Floating Storage Regasification Unit (FSRU) Toscana in Italy.

4:45 AM November 25 2016
Qatari LNG ‘best positioned’ to weather downturn: BMI ECONOMY

Qatari LNG ‘best positioned’ to weather downturn: BMI

Qatari LNG has among the “lowest breakeven” prices globally, so the country is among those exporters “best positioned”

4:45 AM November 25 2016
LNG market to remain oversupplied until 2020: QNB ECONOMY

LNG market to remain oversupplied until 2020: QNB

The global liquefied natural gas market will remain oversupplied for the next four years, but will be under-supplied beyond 2020 in view of the expected rise in demand, QNB has said in a report.

4:45 AM November 25 2016
Top India LNG buyer said to plan terminal expansion by September ECONOMY

Top India LNG buyer said to plan terminal expansion by September

A man looks out to sea as a dredger travels past the Kochi LNG Terminal, operated by Petronet LNG

4:45 AM November 25 2016
Poland receives first Middle East LNG delivery ECONOMY

Poland receives first Middle East LNG delivery

Poland on Friday received its first-ever commercial LNG delivery from the Middle East at its brand new Baltic sea terminal, a key step in easing dependence on Russian gas and becoming a regional distributor.

4:45 AM November 25 2016
World’s biggest LNG buyer pays least since 2005 for fuel as prices slump ECONOMY

World’s biggest LNG buyer pays least since 2005 for fuel as prices slump

A liquefied natural gas (LNG) tanker is berthed at Tokyo Electric Power Co’s (Tepco) Futtsu gas-fired thermal power plant

4:45 AM November 25 2016
Qatar's Texas LNG venture expects to begin exports by 2021 ECONOMY

Qatar's Texas LNG venture expects to begin exports by 2021

Qatar expects exports from its Golden Pass joint venture in Texas to begin in 2021, an adviser to the government said on Wednesday.

4:45 AM November 25 2016
LNG prices tick higher as supplies tighten ECONOMY

LNG prices tick higher as supplies tighten

A liquefied natural gas tanker is berthed at Tokyo Electric Power Co’s (Tepco) Futtsu gas-fired

4:45 AM November 25 2016
Rosneft makes LNG trading debut with Egypt delivery ECONOMY

Rosneft makes LNG trading debut with Egypt delivery

Russian oil company Rosneft said on Friday it had delivered its first cargo of liquefied natural gas (LNG) to Egypt

4:45 AM November 25 2016
India to gradually move to gas-based economy - Minister ECONOMY

India to gradually move to gas-based economy - Minister

India plans to shift to a gas-based economy by boosting domestic production and buying cheap liquefied natural gas (LNG) as the world's third-biggest oil importer seeks to curb its greenhouse emissions, oil minister Dharmendra Pradhan said.

4:45 AM November 25 2016