Latest news

South America becomes a top market for LNG.

In the last years the liquefied natural gas market was expected to be oversupplied, but now, as demand in South America rises, the market balances.

read more... 01/12/2010


China National Petroleum Corp in a multi-billion project in Cuba.

State-owned Chinese company, China National Petroleum Corp (CNPC) plans big investments in 2011, intending to build a refinery, a LNG terminal and an electricity generation plant worth a total of $6 billion, which is supposed to be one of the biggest projects in Cuba.

read more... 24/11/2010


Argentina builds second LNG port.

Argentina decided to build its second Liquefied Natural Gas (LNG) port, therefore to double its import capacity, as it’s seeing growing demand and decreasing production. The deal has been made between Excelerate Energy and Argentina's state-owned utility Enarsa.

read more... 04/10/2010


Hungary joins AGRI LNG Interconnector gas supply project

Hungary has signed an agreement with Azerbaijan, Romania and Georgia to join the Azerbaijan-Georgia-Romania Interconnector (AGRI) project, which would help diversify energy supply as the Hungarian government said on Tuesday.

read more... 15/09/2010


Plans to build LNG terminal in the Dutch port cancelled

Vopak, Dutch oil and chemicals storage company, together with the gas transport society Gasunie and the utility Essent, have cancelled the plans to build an LNG terminal in the northern part of the Dutch port Eemshaven with a storage capacity of 2 tanks, or 180,000 cubic meters capacity.

read more... 03/09/2010