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LNG Prices Leap On Record Chinese Buying
...• Prices for Asian spot LNG imports have jumped to around $9/mn BTU for December arrival cargoes. December is the peak month for winter (and thus annual) buying. • China is the key demand driver. Already for the first nine months of 2017, imports at 25.63mn tons, were up by a whopping 43...
Volume: 60Issue: 45Published at Fri, 10 Nov 2017 -
Egypt: Last LNG Tender?
...ypt. Oil minister Tarek El Molla says that Egypt will reach natural gas self-sufficiency by mid-2018 once Italian firm Eni’s 24 tcf Zohr gas field ramps up after its December 2017 start-up (MEES, 3 November). Egypt began importing LNG in April 2015 when gas output was 4.40bn cfd and has imported ar...
Volume: 60Issue: 45Published at Fri, 10 Nov 2017 -
GE Takeover Of Baker Hughes To Create Services #2
...ergy, water, aviation and digital sectors. By 2017 GE and SAIIC plan to spend $1bn on projects with Saudi and international firms in support of the Saudi Vision 2030 economic diversification program (MEES, 27 May). GE/BAKER HUGHES TO LEAPFROG HALLIBURTON AS GLOBAL SERVICES #2 ($BN Q1-3 16 RE...
Volume: 59Issue: 45Published at Fri, 11 Nov 2016 -
Qatar And China Strengthen Trade And Investment Ties
...ansformation in the coming years, when a number of Australian liquefaction projects are completed. Indeed, Australia is set to surpass Qatar as the world’s leading supplier of LNG in 2017. US LNG exports will follow Australia into the Asia Pacific market starting next year when Cheniere Energy’s first 4.5mn to...
Volume: 57Issue: 45Published at Fri, 07 Nov 2014