LNG trade to set new record in 2018

Demand growth is, however, forecast to slow during 2019/22, before accelerating during the 2020s

UK receives first LNG cargo from Russia’s new terminal

The UK has received its first shipment of liquified natural gas (LNG) from Russia’s controversial Yamal facility in the Arctic. National Grid confirmed the Christophe de Margerie tanker has docked at the London Thamesport on the Isle of Grain in Kent and offloaded its cargo of 170,000 cubic tonnes. The gas originates from the sanction-hit […]

Shell’s floating LNG refinery hits the waves

A floating liquefied natural gas (LNG) structure said to be the world’s largest sea-going vessel is expected to hit the waves in 2018. Shell’s Prelude is not strictly a ship in the traditional sense as it is not independently powered – it will be towed around and focus on the extraction and processing of gas […]

‘LNG will become widespread fuel for ships’ say experts

Around 80% of liquefied natural gas (LNG) experts believe it will become a widespread fuel for the shipping industry. That’s according to a new survey of 500 industry specialists conducted by Oil & Gas IQ. This figure is up from 68% in 2016, with the majority of respondents saying the fuel is better suited to […]

New LNG export projects ‘could lead to supply overcapacity’

New Liquefied Natural Gas (LNG) export projects across the US and Australia could lead to overcapacity in supply until 2024. That’s according to the latest forecast from Bloomberg New Energy Finance’s global gas team, which adds imports of LNG could set a new record this year, with an 8.8% growth. That’s the fastest growth since […]

Oil and gas giants partner on LNG infrastructure

Qatar Petroleum and Shell are to develop liquefied natural gas (LNG) infrastructure at key shipping locations around the world. The joint venture will see the oil and gas multinationals install marine fuelling and bunkering facilities. As a cleaner burning fossil fuel, LNG is expected to help meet the industry’s environmental and economic objectives. Increasing numbers […]

US gives golden pass to Texan LNG exports

The US Department of Energy (DoE) has authorised a liquified natural gas (LNG) firm to export its product worldwide. Golden Pass will now be able to export domestically produced LNG to countries that do not have a free trade agreement (FTA) in place with the US. The company, which is jointly owned by Qatar Petroleum […]

Global LNG trade hit record levels in 2016

Global liquefied natural gas (LNG) trade increased by 5% in 2016. That’s according to a new report from the International Gas Union (IGU), which shows industry growth has now hit record levels for the third year in a row. The 5% rise saw global trade hit 258 million tonnes. The rise is particularly noticeable when […]

LNG demand hits 265m tonnes as it chases supply

Liquefied Natural Gas (LNG) demand reached 265 million tonnes (MT) in 2016. That’s according to Shell’s new LNG outlook, which says this volume is enough to supply power to around 500 million homes a year. The report says many forecasts for 2016 expected strong increases in new LNG supplies to outpace demand growth. Instead, demand kept pace with supply as a rising need for the […]

Aussies set sail with liquid gas from coal

A liquefied natural gas (LNG) plant in Queensland, Australia has started loading its first LNG cargo – using gas which comes from coal seams. BG Group believes the Curtis Island project is the world’s first to turn gas from coal seams into LNG. It means gas from more than 2,000 wells in Queensland’s gas fields can be shared with an international market. After […]