Lng – Page 3

Mozambique Oil & Gas: Is this the LNG year for Mozambique?

Posted on February 7, 2019February 7, 2019 by Mozambique Resources Post

Financial scandal and security issues are the latest challenges to be overcome in Mozambique’s long-delayed emergence into the world of LNG. However, a raft of off-take agreements for two major projects in the country’s north should make 2019 a pivotal year as investors move towards final investment decisions. These projects would represent Mozambique’s biggest foreign direct investments to date.

Global Markets: Chinese LNG Imports Beat Another Record

Posted on February 5, 2019February 5, 2019 by Mozambique Resources Post

China’s liquefied natural gas imports broke another record last month amid rising stockpiles that made some importers nervous, Reuters reports, citing industry sources as well as vessel-tracking data..

Mozambique Oil & Gas: Anadarko announces LNG sale and purchase agreement with Shell

Posted on February 5, 2019February 5, 2019 by Mozambique Resources Post

Anadarko Petroleum Corporation (NYSE: APC) today announced Mozambique LNG1 Company Pte. Ltd., the jointly owned sales entity of the Mozambique Area 1 co-venturers, has signed a Sale and Purchase Agreement (SPA) with Shell International Trading Middle East Ltd. (Shell). The SPA is for 2 million tonnes of LNG per annum (MTPA) for a term of 13 years.

Global Oil & Gas: Shell announces Q4 2018 results

Posted on January 31, 2019January 31, 2019 by Mozambique Resources Post

Royal Dutch Shell has released its fourth quarter results and fourth quarter interim dividend announcement for 2018.

Global Markets: The LNG wave is on the way

Posted on January 30, 2019January 30, 2019 by Mozambique Resources Post

Liquefaction ramp-ups and a slowing rate of Chinese demand growth finally deliver the oft-anticipated supply glut.

Global Industry: Europe set for ‘genuine’ LNG demand in coming years

Posted on January 29, 2019January 29, 2019 by Mozambique Resources Post

Europe is again set to absorb surplus LNG supply over the next few years, but from 2021 will likely need the LNG to offset declining domestic production, industry officials said Monday.

Africa Oil & Gas: “LNG-to-power a hard nut to crack in Africa” – PE

Posted on January 28, 2019January 28, 2019 by Mozambique Resources Post

There is strong interest across the industry in making LNG-to-power work in sub-Saharan Africa, but nobody has yet cracked a structure that works.

Global Markets: China’s 2018 LNG imports surge to record

Posted on January 25, 2019January 25, 2019 by Mozambique Resources Post

China, the world’s second-largest importer of LNG, is continuing to boost its imports of the chilled fuel and has reached a new record high as it is pursuing its strategy for cleaner air.

Global Markets: Japan’s 2018 LNG imports slightly down, costs up 21%

Posted on January 25, 2019January 25, 2019 by Mozambique Resources Post

For illustration purposes only (Image courtesy of Tokyo Electric Power) Japanese imports of liquefied natural gas (LNG) imports declined just 0.9 percent in 2018 when compared to the year ago, according to the provisional data released by Japan’s Ministry of Finance.

Global Industry: Oil’s volatility hastening decline in oil-indexed LNG pricing

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

The pricing of often decades-long liquefied natural gas (LNG) contracts is becoming more unpredictable as a result of oil price swings.

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