Latest news
India mulls the reduction of LNG customs duty to 2.5%
India has decided to reduce the duty on LNG imports to 2.5% from 5% to encourage the use of natural gas in the country, finance minister Arun Jaitley said while presenting his federal budget for fiscal 2017-2018 Wednesday.
read more... 07/02/2017
France: Elengy received delivery of LNG cargo at Fos
French terminal operator Elengy declared on Thursday that it had received delivery of a cargo of liquefied natural gas (LNG) at its Fos terminal on Wednesday, and anticipated to obtain six more deliveries in February.
read more... 27/01/2017
LNG oversupply will last until mid-2020s
Liquefied Natural Gas (LNG) oversupply will continue until the mid-2020s, according to a new survey from Aurora Energy, which states this is likely to reduce the value of contracts in the market as LNG reaches the bottom of its boom-bust cycle.
read more... 23/01/2017
Spain's gas demand breaks daily record
Spanish LNG terminal operator Enagas announced on Thursday that Spain hit a new record high in daily gas demand on Wednesday.
read more... 20/01/2017
Chevron restarts operation at Gorgon LNG train 1 after an outage of a month
Chevron Corp declared on Wednesday it has restarted production of liquefied natural gas (LNG) at one of its two units at the $54 billion Gorgon project, situated off Western Australia, after an outage of a bit more than a month.
read more... 06/01/2017