PetroChina

Global Oil & Gas: LNG Project Sanctions Set to Surge in 2019

Posted on December 18, 2018December 18, 2018 by Mozambique Resources Post

Uncontracted demand by the world’s seven largest liquefied natural gas (LNG) buyers could increase four-fold to 80 million tonnes per annum (mtpa) by 2030, according to Wood Mackenzie.

Markets: The Next Wave of Global LNG Investment Is Coming

Posted on October 17, 2018October 17, 2018 by Mozambique Resources Post

With an annual growth of 10% in 2017 to 290 million tons (Mt)[1] and 8.3% in the first half of 2018,[2] Liquified Natural Gas (LNG) demand is rising faster than expected. Accounting for 44% of global demand growth in 2017, China is the main driver of the growth as the government has made natural gas a key policy choice to reduce air pollution and restructure its high-carbon energy mix.

These Are the Biggest Natural Gas Producers in the World

Posted on September 11, 2018 by Mozambique Resources Post

Natural gas companies produced a record 3.68 trillion cubic meters (~130 trillion cubic feet) of natural gas last year, according to BP’s (NYSE: BP) Statistical Review of World Energy. That’s an increase of 4% from the prior year — almost double the 10-year average growth rate — thanks to a big uptick in production from Russia, which contributed about a third of global growth. North America, however, was the largest gas-producing region, led by the…

Global Oil & Gas: The End Of The Status Quo’ In LNG Markets

Posted on March 29, 2018March 29, 2018 by Mozambique Resources Post

Chinese state-owned oil and gas giant PetroChina is planning to replace its oil-linked long-term LNG contracts with shorter, more flexible deals, a senior company official said late last week as it announced is 2017 financial results.

Africa Oil & Gas: China raises imports of Nigerian LNG

Posted on February 6, 2015February 6, 2015 by Mozambique Resources Post

LNG imports by state-owned companies coming into China from Nigeria LNG have risen in January 2015. As Platts reveals, six cargoes were delivered to China’s LNG terminals so far, compared to two cargoes from NLNG during January and February last year. China imported only seven cargoes from the Nigerian LNG facility during whole 2014.