Post Tagged with: "import"

Australia Poised to Become World’s Largest LNG Exporter

Australia Poised to Become World’s Largest LNG Exporter

From The Houston Chronicle


Within the next 12 months Australia is likely to surpass Qatar as the world’s largest exporter of liquefied natural gas, the Energy Information Administration is forecasting.

Australian LNG capacity reached 11.4 billion cubic feet a day …

August 13, 2019 - 6:02 am
Japan LNG Buyers Talk Tough as Spot Prices Drop to 3-Year Lows

Japan LNG Buyers Talk Tough as Spot Prices Drop to 3-Year Lows

From Reuters


An inexorable decline in spot market prices for liquefied natural gas (LNG) is pushing utilities in Japan to be more aggressive in price reviews built into traditional long-term contracts linked to oil prices, lawyers and analysts said.

The …

August 7, 2019 - 6:04 am
LNG to the Rescue: Pakistan’s First LNG Import Terminal Receives 120 Shipments

LNG to the Rescue: Pakistan’s First LNG Import Terminal Receives 120 Shipments

From Business Recorder

KARACHI: Pakistan’s first Liquefied Natural Gas (LNG) energy terminal has received 120 shipments and injected 7.4 million tonnes LNG in the national transmission network since start of its operations, saving US $1.2 billion per year in the …

December 5, 2017 - 8:22 am
U.S. Liquid Fuel Production Increases 6th Consecutive Year

U.S. Liquid Fuel Production Increases 6th Consecutive Year

Total 2015 U.S. energy production was 89 quadrillion BTUs, 91% of consumption

The United States total energy production saw an increase for the sixth consecutive year. Data collected from EIA’s Monthly Energy Review stated that energy production in the U.S. …

April 19, 2016 - 6:50 pm
Is LNG the Answer for Hawaii?

Is LNG the Answer for Hawaii?

Hawaii has a long list of issues whirling around its expensive energy situation.

It stems from the fact that Hawaii is home to the U.S.’s most expensive electricity. Since the island state has no reserves of native fossil fuels that …

July 8, 2014 - 4:57 pm

OPEC Maintains 30 MMBOPD Output Goal for 2014 Despite Global Surplus and Record U.S. Production

Oil ministers from the Organization of the Petroleum Exporting Countries (OPEC) announced the group’s target output for 2014 will remain unchanged at 30 MMBOPD. Ministers of Iraq, Saudi Arabia and Kuwait made the announcement following a meeting between the exporters …

December 23, 2013 - 4:11 pm