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Oil & Gas Trade
South Korea's LNG Imports to Fall on New Nuclear, Coal Plants
South Korea’s imports of liquefied natural gas are set to fall over the next five years after reaching record volumes in 2018, squeezed by the start-up of new …
Nuclear Power Plant
Cyberattack on Indian Nuclear Power Plant “Should Come as no Surprise”
cybersecurity experts have said that the cyberattack on India’s Kudankulam nuclear power plant should come as “no surprise” given the high-value of critical …
US Energy Department Ready to Advise Africa on LNG Opportunities
The US administration launched its Prosper Africa initiative in 2018, with the vision to open markets for American businesses, grow Africa’s middle class, prom…
Oil & Gas Trade
BP Eyes Brazil Gas Buildout, May Swap LNG Imports for Domestic Output
BP Plc wants to be part of an effort to build up natural gas infrastructure in Brazil, an executive said on Tuesday, and believes a power plant it is building i…
LNG
Poland Ready to Halt Import of Russian Gas
Poland is ready to ensure its energy supplies without importing gas from Russia due to the diversification of supplies and increasing LNG imports, Piotr Woźnia…
CHP
ACWA Power Will Invest $2.5bn to Develop A 3600 MW Gas Fired Independent Power Plant
ACWA Power has announced the signing of a Memorandum of Understanding with the Bangladesh Power Development Board (BPDB) for a LNG-based power plant and termina…
LNG
ENI: Libya Has Large Reserves Of Natural Gas
Rome, 20 October 2019(Lana) The Executive Officer of the Italian Eni Group Claudio Descalzi said 'Libya along with the east Mediterranean is an important region…
LNG
Saudi Aramco, ACWA Power to Invest $3 Bln to Build LNG Plant And Terminal in Bangladesh
The Bangladesh prime minister's investment adviser, Salman Fazlur Rahman, said the agreement "represented one of the largest deals in Bangladesh's lucrative pow…
LNG
South Korean LNG Imports Hit 2-year Low in September
South Korean LNG imports fell to their lowest monthly level since 2017 in September, tumbling 25% year on year, latest customs data showed.
LNG
Global Oil And Gas Majors Are Looking to India's Demand for LNG
Global oil and gas majors are looking to India, the world's third biggest oil importer, to buy some of their excess liquefied natural gas (LNG) as the South Asi…
LNG
Total And Adani Will Invest in $1 Billion in Creating Gas Infrastructure in India
French multinational integrated oil and gas company Total S A has partnered with Gautam Adani-led Adani Group to supply and market natural gas in India, Total s…
LNG
European Gas Market May Be Unable to Absorb The Ongoing Surplus of LNG
European gas prices are set to remain “weak” this winter with the market unable to absorb the ongoing surplus of LNG, which has led to an unprecedented number…
LNG
World's Leading Nat Gas Producer Is About To Get Even Bigger
On September 9 Saad Sherida Al Kaabi, minister of energy as well as president and CEO of state-owned Qatar Petroleum (QP), announced that the country had shortl…
BP to Sell 1.58 Million Tonnes of LNG to KOGAS for 15 Years From 2025
BP has agreed a deal to sell 1.58 million tonnes of liquid natural gas (LNG) per year from the US to the Korea Gas Corporation (KOGAS) for 15 years from 2025, i…
Oil & Gas Trade
Shell, Exxon Close Deal To Build Five LNG Import Terminals
Shell and Exxon are among the companies picked by the Pakistani government to build five LNG import terminals as part of efforts to boost natural gas imports to…
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