Chevron is having a hard time to complete the 20-years sales contracts for its Gorgon LNG export plant in Australia, as buyers look for cheaper deals.
Wood Mackenzie asserts that by 2020, Malaysia has the potential to be the largest supplier of flexible LNG to the global market, larger even than Qatar.
Demand for natural gas in Europe has fallen dramatically, which has led to a severe drop in imports of LNG.
Sabine Pass LNG, a unit of Cheniere Energy, filed a report with the U.S. FERC covering construction activities through July at the Sabine Pass LNG terminal, located in Cameron Parish, Louisiana.
Singapore LNG Corporation has awarded the Engineering, Procurement and Construction (EPC) contract for the Phase 3 expansion of the Singapore LNG terminal to Samsung C&T Corporation.
LNG World News Staff, August 31, 2014