The global liquefied natural gas (LNG) market, which was about 270 million tonnes last year, will grow to 360-370 million tonnes in three years time, and the U.S. Gulf Coast will serve 25-30% of that market, LNG pioneer Charif Souki said Thursday in Houston.
Cera
Articles from Cera
No Free Rides For U.S. Onshore Producers, Says Saudi Energy Minister
Following a two-year oil price war that sharply disrupted global output and bankrupted dozens of North American operators, Saudi Arabia’s energy minister warned Tuesday that the decision by the Organization of the Petroleum Exporting Countries to temporarily reduce output doesn’t mean a free ride for anybody.
‘Decade of Disorder’ Looms Without Global Energy Investments, Says Former EIA Chief
Global oil markets are facing down a “decade of disorder” if long-term supply projects aren’t put into the pipeline, a former chief of the Energy Information Administration (EIA) said Tuesday.
With BHP Contract in Hand, Pemex Hunting for More Exploration Partners
Mexico is open for business and looking for partners to develop deepwater and onshore oil and natural gas, the director general of state-owned Petroleos Mexicanos (Pemex) said Tuesday.
Ohio Lawmaker Wants More Severance Tax Revenue Distributed to Oil/Gas Drilling Communities
An Ohio lawmaker from Belmont County, which has been transformed in recent years by heavy Utica Shale development, has introduced legislation that would direct more oil and gas severance tax revenues to communities most affected by drilling.