LNG

Thailand’s state-owned oil and gas exploration unit has discovered an estimated 2 Tcf offshore Malaysia, adding to the bounty discovered in the nation in recent years.

An Asian plan for the next British Columbia (BC) natural gas export terminal, Woodfibre LNG, has landed BP Gas Marketing Ltd. as its second customer with a deal that does double duty by contributing to project supplies too.

Venture Global LNG Inc. has raised another $675 million to further develop its proposed 20 million tons per year (mmty) Plaquemines LNG export project, management announced Thursday.

Summer is here, both for the United States and especially across the pond in sweltering Europe, but it might not be enough to rescue oversupplied natural gas markets, either at home or abroad.

A contender to launch liquefied natural gas (LNG) exports from Canada’s east coast, Pieridae Energy Ltd. has set out to double its production with a C$190 million ($142 million) purchase of Royal Dutch Shell plc legacy assets in Alberta.

A coalition of 16 western state groups rallied in southern Oregon on Wednesday to demonstrate its support for the long-stalled Jordan Cove liquefied natural gas (LNG) export project and connecting transmission pipeline at Coos Bay.

Russia’s largest independent gas producer Novatek said Wednesday its final partner in the massive Arctic LNG 2 project will likely be an Asia-Pacific customer, with a deal possibly completed in days.

Hong Kong is continuing its push to become a liquified natural gas (LNG) importer, with the latest deal inked with a unit of No. 1 buyer and seller Royal Dutch Shell plc.

LNG Canada, the pioneer Canadian natural gas export project on the Pacific coast of British Columbia (BC), scored C$275 million ($206 million) in grants Monday from the Liberal government in Ottawa.