Commentary: 10 challenges faced by the global LNG market

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We recently looked at the restart of the first Japanese nuclear reactor in four years, and assessed its impact on Japanese oil demand. It was somewhat burying the lede, however, not to address the impact on LNG demand. So with Japan’s developments still fresh in our minds, here are ten challenges faced by the global LNG […]
(Fotolia)

Commentary: What a nuclear restart means for Japanese oil demand

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With so much focus on the level of Chinese oil imports, impending US LNG exports, and India’s rising coal consumption, it goes somewhat by the wayside that Japan is one of the largest global consumers of all three of these commodities. Japan is the third largest consumer of oil (although soon to be fourth), the […]
Categories: LNG
Carl Icahn at The Waldorf-Astoria Hotel in New York, March 16, 2010. (Chad Batka/The New York Times)

Carl Icahn takes activist stake in Cheniere Energy

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Investors are eagerly watching Cheniere Energy after billionaire investor Carl Icahn disclosed that he has obtained an activist stake in the company, raising questions about the changes he may be targeting at the Houston-based liquefied natural gas giant.
Sabine Pass Dinner Cruise attendee snaps photos of the Golden Pass LNG storage tanks and cargo transfer arms, Wednesday, Dec. 11, 2013, in Sabine Pass, TX. ( Marie D. De Jesus / Houston Chronicle )

Betchel signs on to engineer first U.S.-based floating LNG vessel

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The first U.S.-based floating liquefied natural gas vessel moved closer to reality after engineering giant Bechtel agreed to design and engineer the project once a final investment decision is reached.
CB&I Chairman and CEO Philip K. Asherman, May 23, 2014 in The Woodlands, TX. (Eric Kayne/For the Chronicle)

CB&I reports net profit, new contracts

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CB&I said it made a net profit of $169.5 million, or $1.55 million per diluted share, during the April through June period, which was up from $142.4 million during the same time last year when the company was struggling more financially. The total revenues were down slightly at $3.2 billion from $3.3 billion last year.
Liquefied natural gas export terminals including Cheniere Energy's $18 billion Sabine Pass facility nearing completion  in Cameron Parish, Louisiana,  should boost demand for U.S. natural gas. (Cheniere Energy photo)(Cheniere Energy)

Most U.S. LNG projects won’t cross the finish line, new study says

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A handful of U.S. LNG export projects will cross the finish line, but construction seems increasingly unlikely for the remaining proposals, according to a new study that adds to the chorus of voices raising doubts about the flurry of developments announced in the wake of the U.S. shale boom.
A liquefied natural gas (LNG) tanker operated by Energy Advance Co., a unit of Tokyo Gas Co., is moored at the company's Sodegaura plant in Sodegaura City, Chiba Prefecture, Japan, on Thursday, March 22, 2012. (Tomohiro Ohsumi/Bloomberg)

$71 billion in U.S. LNG projects not needed in low-carbon world, group says

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The shale revolution spurred a flurry of proposals to build new U.S. export terminals to ship LNG overseas, but investors should take a long hard look at the projects they intend to fund amid a push to limit global warming within 2 degrees Celsius in the next century.
Categories: LNG
Chenieretour

Cheniere to take on $5.8 billion in debt to pave way for Sabine Pass construction

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The Houston-based LNG company announced Monday that it’s working with 18 financial institutions to arrange the financing, including $4.6 billion of credit and a $1.2 billion revolving credit facility.
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Cheniere gets OK to export from Sabine Pass expansion

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The first four trains are nearing the finish line, putting Cheniere on track to produce its first batch of LNG later this year, but work can’t start on the expansion project until Cheniere makes a final investment decision.
The Pearl gas-to-liquids plant in Qatar is the largest in the world. A&M has established a new research center in Qatar to delve into shale gas studies and train students for jobs in gas processing. (Photo: Shell)

Qatar Petroleum expanding overseas with focus on production

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QP has shifted priorities since leading Qatar’s transformation into the largest LNG supplier and is seeking now to manage a slump in the nation’s oil output while expanding internationally.