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Tag: LNG

SOCAR to build LNG terminal in Sri Lanka

This week, the State Oil Company of Azerbaijan Republic (SOCAR) said the company expects to join Sri Lanka’s upcoming LNG development program by partnering with…

Qatar to annually supply 3M tons of LNG to Pakistan

Oil and gas company Qatar Petroleum has signed an agreement with the Pakistan State Oil company for the supply of liquefied natural gas (LNG), Report informs…

LNG traders look forward to a swift 2021 rebound

(Bloomberg) –Liquefied natural gas traders anticipate a swift demand recovery in 2021 after a year in which the coronavirus pandemic prompted dramatic price swings Colder…

SOCAR to deliver LNG to Pakistan at lowest price

The Pakistani government has developed a plan to overcome the natural gas crisis, said Special Assistant to the Prime Minister on Petroleum, Nadeem Babar In…

Novatek’s Net Profit Falls by 34 Times

Net profit of Novatek according to international financial reporting standards (IFRS), attributable to shareholders, in January-September 2020 decreased 34 times compared to the same period…

Share of LNG in Global Gas Trade to Reach 52% by 2035

The share of liquefied natural gas (LNG) in world trade will increase. This was stated by Russian Energy Minister Alexander Novak. According to him, by…

Total Bets Its Future On Renewables And LNG

France’s oil and gas major Total is joining other European peers, aiming to reinvent itself into a broad energy company, and will be betting on…

Shell Confirms Withdrawal from Baltic LNG Project

Shell no longer works with Gazprom on the project to build a gas liquefaction plant in Ust-Luga, Cedric Kremers, the chairman of the concern in…

GECF Market Analyst: “Iran can Play a Role in LNG Market”

 The head of the market analysis section of the Gas Exporting Countries Forum (GECF) said Iran could play the role of liquefied natural gas (LNG)…

Minister: Russia expects record gas supplies to Europe

“Russia’s gas exports are growing by 6-7% annually. This year there will be the most record gas deliveries to Europe. We are reaching peak volumes…

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