Lng

Congo: Eni, Lukoil, and SNPC ink LNG sale and purchase agreement in a ‘significant milestone’

Posted on September 20, 2023September 20, 2023 by Mozambique Resources Post

Courtesy of African Energy Chamber

Tanzania: Cabinet to Start Talks for $30B LNG Project

Posted on March 23, 2019March 23, 2019 by Mozambique Resources Post

(Bloomberg) — Tanzania plans to negotiate terms for developing a $30 billion liquefied natural gas project with companies between April and September, the Energy Ministry said.

Mozambique: Moz LNG terminals echo global risks

Posted on March 22, 2019March 22, 2019 by Mozambique Resources Post

Mozambique, one of the world’s poorest nations, is set to become a top global gas exporter thanks to two huge terminals about to be built in a northern province.

Mozambique: Anadarko to hire 16 tankers for Mozambique LNG transport

Posted on March 22, 2019March 22, 2019 by Mozambique Resources Post

Anadarko is looking to hire around 16 liquefied natural gas (LNG) tankers on long-term charters for the transportation of the chilled fuel from the proposed Mozambique LNG project.

Markets: Japan’s February LNG imports slide

Posted on March 20, 2019March 20, 2019 by Mozambique Resources Post

Japanese imports of liquefied natural gas (LNG) during the month of February dropped 11.4 percent compared to the same month a year ago, according to the provisional data released by Japan’s Ministry of Finance.

Markets: LNG Sector Dangerously Dependent On Chinese Demand

Posted on March 19, 2019March 19, 2019 by Mozambique Resources Post

The liquefied natural gas industry has become too reliant on demand for the fuel from China, industry executives warned at last week’s CERAWeek, advising players in the LNG field to try and broaden their markets before they begin suffering the impact of this overreliance.

Egypt: Govt Ready to Rejoin LNG Exports Club

Posted on March 18, 2019March 18, 2019 by Mozambique Resources Post

(Bloomberg) — Egypt indicated it’s ready to rejoin the club of major exporters of liquefied natural gas, making its biggest offer to supply the market in at least five years.

Global Industry: Anadarko posed to be one of the huge LNG winners

Posted on March 6, 2019March 7, 2019 by Mozambique Resources Post

One thing that is almost universally agreed upon in the energy world is that the future for liquefied natural gas (LNG) is tremendous. LNG is natural gas that has been cooled to a liquid state, at about −260° Fahrenheit, for shipping and storage. The volume of natural gas in its liquid state is about 600 times smaller than its volume in its gaseous state.

Markets: LNG Prices Hit 17-month Low in North Asia

Posted on February 26, 2019February 26, 2019 by Mozambique Resources Post

(Bloomberg) — Liquefied natural gas prices in North Asia, the world’s biggest market for the fuel, have slumped to the lowest in 17 months as the peak demand season ends with a whimper.

Global Markets: “Global LNG supply to rise by 35 million tonnes in 2019” – Shell

Posted on February 26, 2019February 26, 2019 by Mozambique Resources Post

Strong demand for cleaner-burning fuel in Asia continued to drive rapid growth in liquefied natural gas (LNG) use in 2018, with global demand rising by 27 million tonnes to 319 million tonnes, according to Shell’s latest annual LNG Outlook.

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