Royal Dutch Shell plc ("Shell") on January 2 announced the successful completion of the acquisition of Repsol S.A.'s ("Repsol") liquefied natural gas (LNG) portfolio outside North America for a headline cash consideration of $4.1 billion.
Qatar is poised to boost contracted liquefied natural gas exports to Europe by the most in five years as prices in the region are at their highest since 2006, Bloomberg reported on December 23.
Malaysia is expected to fully attend to the domestic demand and need for liquefied natural gas (LNG) by 2016 upon the commissioning of Petroleum National Bhd’s (Petronas) two new liquefication plants in Sarawak, Malaysian Reserve reported on December 22.
A Parliamentary standing committee has expressed fear that India could witness acute shortage of natural gas in two years, which may not be met even through imports due to lack of infrastructure, Deccan Chronicle reported on December 16.
Russian gas giant Gazprom and authorities of Niigata prefecture, Japan, are to study possible joint construction of a thermal power station on its territory, Itar-Tass reported on December 9, citing Japanese central TV channel NHK.
Ukrgazvydobuvannia increased gas output by 94 million cu m over 11 months of the current year, the news agency Ukrinform reported on December 6.
As early as 2014 Rosneft and NOVATEK could be granted the right to export liquefied natural gas (LNG) by-passing Gazprom.
Turkey will import 350 million U.S. dollars' worth of liquefied natural gas from Qatar to meet its increasing demand this winter, semi-official Anadolu news agency quoted Turkish energy minister as saying December 5, Xinhua has reported.
On November 30, Russian President Vladimir Putin has signed into law legislation that will liberalize the export of liquified natural gas (LNG).