Latest news and articles about liquefied natural gas from NEX English
Hopes for a rebound in Chinese demand for liquefied natural gas (LNG) are fading despite a ceasefire in the Middle East. Analysts warn of ongoing supply risks and rising prices that could negatively impact the global market.
Qatar Energy has announced the gradual resumption of liquefied natural gas production after a prolonged halt, reflecting the company's efforts to restore its activity in this vital sector. The move comes at a critical time for global markets that increasingly rely on natural gas as a source of energy.
Chiyoda Corporation from Japan is contemplating the resumption of construction on its massive liquefied natural gas (LNG) export project in Qatar, following a ceasefire agreement between the United States and Iran. This decision reflects cautious optimism as global companies seek to revive operations in the Gulf region.
Gas prices in Asia are expected to decline following a two-week ceasefire agreement between the United States and Iran. This agreement may facilitate the reopening of the Strait of Hormuz, revitalizing global energy markets.
Russian company Novatek, a leader in LNG production, has announced the establishment of a new shipbuilding company. This initiative aims to enhance its production capabilities and meet the growing global demand for liquefied natural gas.
The Japanese government has unveiled plans to reduce liquefied natural gas consumption while increasing reliance on coal for electricity generation. This decision comes in response to rising global energy prices and supply stability threats.
Two LNG carriers from Qatar are heading towards the Strait of Hormuz, marking the first export to buyers outside the region since the war began. This move reflects significant shifts in the regional energy market.
Investigations continue into alleged corruption involving Indonesia's Pertamina, where former gas director Harry Karioliarto is accused of receiving funds from Corpus Christi due to LNG sales deals. The case raises questions about transparency and business practices in the energy sector.
The Strait of Hormuz recorded a total of <strong>220 ship crossings</strong> in March, with liquid tankers accounting for <strong>51%</strong> of the total traffic, according to MarineTraffic reports. No liquefied natural gas crossings were recorded during this period.
Data tracking indicates that two liquefied natural gas carriers from Ras Laffan in Qatar have turned back after heading east toward the Strait of Hormuz. This unexpected move raises questions about the reasons behind their retreat.
An LNG tanker has crossed the Strait of Hormuz, touching the Omani coast, marking the first vessel of its kind to navigate this waterway since the onset of the war. This development comes amid rising tensions in the region.
Two liquefied natural gas carriers, 'Green Asha' and 'Green Sanvi', have left the Gulf carrying fuel shipments to India. This departure comes as the country faces its worst gas crisis in decades.
A joint venture between the United States and Qatar has announced the initiation of a new liquefied natural gas (LNG) project aimed at strengthening the global gas market amid ongoing conflicts. This project comes at a critical time as the world seeks to compensate for supply shortages.
Vietnam's Vingroup has announced plans to abandon the construction of the country's largest liquefied natural gas (LNG) power plant due to rising fuel prices linked to the war in Iran. This decision reflects the country's commitment to invest more in renewable energy projects.
QatarEnergy has announced the commencement of liquefied natural gas (LNG) production in a strategic export project located in the United States. This milestone comes amidst global energy disruptions caused by ongoing geopolitical tensions involving the US, Israel, and Iran.
Harry Karyoliarto, former gas director at Indonesia's Pertamina, testified that there was no criminal intent in the corruption case related to LNG purchases. This statement was made during a court hearing in Jakarta, where he asserted that the purchasing practices were legal.
International Resources Holding (IRH) based in Abu Dhabi has signed a significant long-term LNG supply agreement with AMIGO LNG in Mexico, extending for twenty years. This agreement is part of a major project under the LNG Alliance, enhancing global energy supplies.
Asia's imports of liquefied natural gas (LNG) have dropped to their lowest level since 2022 due to escalating tensions from the war in Iran. This decrease highlights the impact of regional conflicts on global energy markets.
China has announced the reselling of record amounts of liquefied natural gas (LNG), capitalizing on rising spot market prices while domestic demand declines. This move comes amid volatile economic conditions affecting global supplies.
Asia's imports of liquefied natural gas (LNG) fell by <strong>8.6%</strong> in March, marking the largest decrease in over three years. This decline is attributed to the U.S.-Israeli conflict with Iran, which has impacted supply and prices.
In a tight global market, China has announced the resale of record quantities of liquefied natural gas (LNG), reflecting its strong position in the sector. This move comes as global demand for natural gas sees a notable increase.
The Golden Pass plant, owned by Qatar Energy and ExxonMobil, has begun producing liquefied natural gas (LNG), potentially alleviating shortages caused by the Strait of Hormuz crisis. This announcement comes at a critical time as global markets face increasing tensions in the region.
Qatar Energy announced today the start of liquefied natural gas production from the Golden Pass project, its largest investment in the United States. The joint venture with ExxonMobil paves the way for the first gas shipment to be exported in the second quarter of this year.
QatarEnergy and ExxonMobil have announced the commencement of liquefied natural gas (LNG) production from their joint facility in Texas. This milestone comes at a critical time as global markets face a severe gas supply shortage.
Global oil and liquefied natural gas (LNG) markets face significant risks that could lead to the worst-case scenarios, raising concerns among both investors and consumers. These predictions come amid increasing geopolitical tensions and global economic disruptions.
The government announced that two liquefied natural gas tankers heading to India have successfully crossed the Hormuz Strait, marking a significant step in securing energy supplies to one of the world's largest gas importers.
European Union countries are striving to reduce their reliance on Russian gas due to increasing energy supply pressures from the war in Ukraine. African liquefied natural gas (LNG) supplies are emerging as a promising alternative to those from the U.S. and Qatar.
One of the world's largest LNG plants, Karatha, was shut down after a powerful cyclone caused widespread power outages in Western Australia. This closure comes at a time when fuel supplies are under significant pressure due to ongoing conflicts in the Middle East.
Two new tankers loaded with liquefied natural gas (LNG) have set sail from the Arabian Gulf through the Strait of Hormuz to India, reflecting ongoing maritime traffic in this vital waterway. This movement occurs amid rising tensions in the region, raising questions about navigation safety.
Europe is entering a critical phase regarding energy supply as the repercussions of the Iran-related conflict intensify, putting pressure on global supply chains. The continent faces significant challenges in securing supplies and stabilizing prices, particularly for liquefied natural gas.