China, AGDC Reaffirm Commitment to Alaska LNG Project
Despite the uncertainty spawned by China’s recent decision to levy tariffs on US LNG imports, AGDC said it is still targeting a sale and purchase agreement with Chinese companies by the end of this year.
What Does China’s LNG Import Tax Mean for the US?
Industry analysts fear bad news for producers, as Chinese demand is expected to be a significant driver in new LNG production. China accounted for 15% of US LNG exports in 2017.
Private Equity Backs First Sub-Saharan Africa Regas Terminal
The construction of an LNG regasification terminal in Tema, Ghana, in addition to the first delivery of gas from the offshore Sankofa field in August, is decreasing the country’s reliance on liquid fuels and imports. About 80% of its power generation requirements will be met with gas.
Alaska LNG Project Seeks Investors
The Alaska Gasline Development Corp., a state-owned corporation, is preparing an equity offering for this summer for its $43-billion LNG project. BP agreed to sell natural gas from Prudhoe Bay for export to Asia-Pacific.
The Trump Steel Tariff: How Will It Affect Industry Operations?
How will a US steel tariff affect the oil and gas supply chain? Industry criticism points to a noticeable effect on construction expenditure and jobs, but where will the pain be most felt?
Fugro Awarded Contract in China for Gas Hydrate Research
Fugro will begin its fifth gas hydrate research project in in the South China Sea.
Sinopec Tests Separation Technology at FuLing Shale Site
OriginClear agreed to a sales licensing deal for use of its Electro Water Separation technology at a Sinopec-operated shale gas site.
China Shipyard Launches Liftboat, Contracts for Dive Support Vessel
Mekers Offshore, a Zhejiang-based company, launched its first in a series of liftboats at Shanghai Bestway Dajin Heavy Industries yard in Jiangsu, China.
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