Yemen’s only LNG export facility in Balhaf has reportedly stopped its operations after foreign experts were evacuated from the plant on Sunday.
Liquefied Natural Gas Limited informed that Magnolia LNG has executed a memorandum of understanding with Kellogg Brown & Root, a KBR unit and SKE&C USA.
Russian giant Gazprom revealed plans to build a 10 mtpa LNG terminal in the Leningrad region near the sea port of Ust-Luga.
Samsung Heavy Industries of Korea said it has signed a deal with SK Shipping for the construction of two LNG carriers.
Prices of spot liquefied natural gas for February delivery to Asia plunged to a four-year low, averaging $9.911 per million British thermal units, according to the latest Platts Japan/Korea Marker data for month-ahead delivery.
LNG World News Staff