Tag: lng
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Vietnam looks at more coal power plants as Iran war complicates LNG plans
HANOI, July 8 : Vietnam’s government is considering building more coal-fired power plants to ensure it can meet its energy needs, the government said on Wednesday, as the Iran war further complicates its slow development of LNG facilities. The Southeast Asian manufacturing hub is seeking to ramp up its power
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US LNG exports to Europe decline as Asia prices surge
HOUSTON, July 1 : For the first time in nearly two years, less than half of U.S. LNG exports last month went to Europe as stronger prices in Asia and record imports by Egypt diverted cargoes, according to preliminary ship-tracking data from LSEG.The shift marks the first time since July 2024 that Europe has n
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JERA sees LNG prices staying firm as Qatar repairs drag on, Europe rebuilds stocks
TOKYO, June 24 : Japan’s JERA expects liquefied natural gas prices to remain relatively firm in the near term, as restoring Qatar’s LNG facilities damaged during the Iran war will take time and Europe needs to replenish stocks ahead of winter, its chairman said.”Looking over the next year or so, prices may we
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At least 13 killed and dozens injured after Qatar gas explosion
The city’s main liquified natural gas (LNG) processing site suffered a “technical accident” in the Ras Laffan industrial zone.
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India wants to turn more coal into gas for energy security. It faces a tough conversion
India recently approved a US$3.9 billion scheme to turn more of its vast coal reserves into gas. Even as its energy security ambitions gather pace, experts warn that scaling up the centuries-old technology will likely be a slow burn.
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Qatar ‘cautiously optimistic’ on US-Iran deal before Friday’s signing
Qatar said the framework agreement to be signed on Friday was a first step rather than a final settlement, adding that it would take time to return to “business as usual” even once the Strait of Hormuz reopens. Trump separately praised Qatar’s mediating role and its “great bravery”.
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Inpex to seek orders from Australia’s workplace tribunal to stop labour action at Ichthys LNG
June 9 : Japan’s Inpex said on Tuesday it would seek urgent orders from Australia’s Fair Work Commission to halt protected industrial action at its Ichthys liquefied natural gas facilities.The Offshore Alliance, made up of the Maritime Union of Australia and the Australian Workers’ Union, said on Monday it wo
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Workers to escalate strike at Inpex’s Ichthys LNG sites after talks fail
June 8 : Workers will escalate the strike at Inpex’s Ichthys LNG facilities in Australia that started last week over a wage dispute, after talks failed to progress with the Japanese operator, the Offshore Alliance union said on Monday.Ichthys accounts for about 10 per cent of LNG supply from Australia, which
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EU fossil fuel imports 1.2% down since Iran war started – study
While the EU has responded to the latest fossil fuel crisis by limiting fossil fuel imports, a trio of states have “deepened their exposure by increasing them”.
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