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

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

(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. Advertisements

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Mozambique: Anadarko to hire 16 tankers for Mozambique LNG transport

Mozambique: Anadarko to hire 16 tankers for Mozambique LNG transport

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.

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Markets: LNG Sector Dangerously Dependent On Chinese Demand

Markets: LNG Sector Dangerously Dependent On Chinese Demand

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.

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

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

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.

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

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

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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