LNG

Planning for the state of Alaska to take over the multi-billion-dollar project to commercialize North Slope natural gas reserves has begun. Such a transition would put the project in the hands of the state’s Alaska Gasline Development Corp. (AGDC) and remove Alaska’s major producers from direct participation.

Newport Beach, CA-based Clean Energy Fuels Corp. has been selected as a supplier of natural gas fueling facilities to Indiana-based Cummins Inc.’s North American distribution business unit.

With the recent arrival of its first cargo of liquefied natural gas (LNG), the island of Jamaica has achieved the fuel diversity that it has long sought, said Jamaica Public Service Co. (JPS) CEO Kelly Tomblin.

Awash in red ink, Cheniere Energy officials said Tuesday the liquefied natural gas (LNG) operations are adding to earnings and improving cash flow, and they plan to pursue long-term LNG contracts to keep that trend on the ascent.

Excelerate Energy LP struck agreements last week for the construction and operation of the first liquefied natural gas (LNG) import terminal in Bangladesh, the company said Monday.

Shizuoka Gas Co. and Shell Eastern Trading (Pte) Ltd. have struck a liquefied natural gas (LNG) sale and purchase agreement (SPA) that will utilize the export capability recently added to the Shimizu LNG Terminal. It’s another move toward increasing LNG supply flexibility and trading capabilities by the Japanese utility.

Global liquefied natural gas (LNG) buyers clearly have the upper hand as even more supply is slated to enter a glutted market in the coming years. As smaller countries enter the LNG-consuming ranks, sellers will need to accommodate their particular needs while adapting to new demands from their traditional clientele.

A niche exists in the portable oilfield and remote power generation sector, but liquefied natural gas (LNG) in these high-horsepower (HHP) applications is struggling to compete with diesel because low commodity prices have narrowed the gap for the two alternatives, a Prometheus Energy executive said Tuesday.

Royal Dutch Shell plc has reduced its 2016 capital spending by another 10% and warned Wednesday that low natural gas and oil prices are continuing to weigh on executing expansion plans in North America.