Top news of the week July 31 – August 5

Image courtesy of Tokyo Electric

Shell to axe 400 jobs

The Hague-based LNG giant Shell could cut approximately 400 jobs as it continues its restructuring to cope with lower oil and gas prices.

Coral South FLNG contract goes to Air Products

US-based LNG equipment maker Air Products has secured a contract for Eni’s multi-billion Coral South FLNG project, Mozambique’s first offshore field development.

Anadarko inks Mozambique LNG marine concessions

Anadarko Petroleum signed marine concessions, two agreements with the government of Mozambique, allowing it to design, build and operate the marine facilities for its LNG project in northern Mozambique.

USA: new bill aiming to expedite LNG project approval process

US congressman Clay Higgins introduced H.R. 336, a bill aiming to enable the United States LNG export players to access the market quicker.

Japan’s LNG imports to drop in the next 2 years, IEEJ says

LNG imports into Japan, the world’s largest buyer of the fuel, are expected to decline in fiscal 2017 and 2018 as more nuclear reactors come back online, according to the Institute of Energy Economics Japan.

 

LNG World News Staff

 

 

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