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Gas Processing/LNG

Qatargas announces commercial start-up of Laffan Refinery 2

DOHA, Qatar -- Qatargas announced the commercial start-up of Laffan Refinery 2, marking an expansion of refining capacity in the State of Qatar. The project will refine 146,000 bpd of condensate from the North Field, the largest non-associated natural gas reserve in the world.

Cold weather, supply outages fuel LNG winning streak

MILAN (Reuters) -- Asian spot liquefied natural gas (LNG) prices remained firm into the final leg of 2016 as cold temperatures in South Korea, China and Turkey fueled demand while global supply faltered.

SOCAR signs license agreements with Technip, Axens, others

On Dec. 20, technology license agreements were signed between SOCAR and Technip, Univation, Axens, and SinopecTech. The agreements envisage advanced processing of natural gas and production polymer products using technology as a part of SOCAR GPC project.

Polish regulator approves PGNiG gas price hike for Q1 2017

WARSAW (Reuters) -- Poland's biggest gas firm PGNiG will increase the price of high-methane gas it sells by 12.2% and the price of nitrogen-rich gas by 13.4% from the start of next year, the company said, citing an approval from energy regulator URE.

Qatar to merge LNG producers Qatargas and RasGas

DOHA (Reuters) -- Qatar will merge state-owned liquefied natural gas producers Qatargas and RasGas Co Ltd, the chief executive of Qatar Petroleum (QP) said on Sunday, in the Gulf state's latest reaction to lower energy prices.

Cheniere Energy, Inc. ends negotiations to acquire Cheniere Energy Partners LP Holdings, LLC

HOUSTON -- Cheniere Energy, Inc. announced today that it has terminated negotiations with the conflicts committee of the board of directors of Cheniere Energy Partners LP Holdings, LLC regarding Cheniere's previously announced non-binding proposal to acquire all of the publicly held shares of Cheniere Partners Holdings not already owned by Cheniere in a stock-for-stock merger transaction.

Höegh LNG awarded long-term LNG contract in Ghana

Höegh LNG signed an FSRU contract with Quantum Power Ghana Gas Limited for the Tema LNG import terminal located close to Accra in Ghana.

Japan's Idemitsu JV plans to expand LPG use at naphtha cracker

TOKYO (Reuters) -- Japan's Idemitsu Kosan said on Tuesday its JV with Mitsui Chemicals would conduct work to expand the processing of propane at Idemitsu's naphtha cracker to take advantage of cheap liquefied petroleum gas (LPG) prices.

Ophir and OneLNG to form joint operating company to develop Fortuna FLNG project

Ophir Holdings & Ventures and OneLNG have signed a binding shareholders' agreement to establish a joint operating company to develop the Fortuna project utilizing Golar's FLNG technology.

Gazprom says Japanese lender JBIC may help finance Sakhalin-2 LNG expansion

Gazprom has discussed possible financing with the Japan Bank for International Cooperation for the expansion of the Sakhalin-2 LNG plant.