Petronas of Malaysia expects to reach the final investment decision on the Pacific NorthWest LNG project by June.
Chevron’s Gorgon development fourth train expansion proposal, which is expected to expand the LNG production capacity on Barrow Island from 15 to 20 mtpa, has been recommended for conditional approval by the Environmental Protection Authority.
For the LNG market, 2015 will be marked by increasing volatility as new ‘waves’ of supply start adding volume together with new markets opening up, according to BG Group’s annual Global LNG Market Outlook.
Litgas, part of the Lithuanian state-controlled Lietuvos Energija energy company group, signed a master trade agreement to enable purchases of LNG from Cheniere Marketing, a unit of Cheniere Energy.
Kawasaki Kisen Kaisha (”K” Line) of Japan said it aims to expand its fleet of LNG carriers to 61 vessels by FY 2019.
LNG World News Staff