QNB: increase in LNG capacity to cause supply glut by 2020
There are currently 16 major LNG projects already under construction, which should add around 12 mtpa in 2016 and 33 mtpa in 2017, Qatar National Bank informed in a report.
South Africa eyeing LNG import terminal
South Africa’s power shortages could be nearing its end as the country is looking to build an LNG import facility at the west coast port of Saldanha Bay.
Update: Teekay says Hispania Spirit not detained after Peru cocaine find
Local authorities in the Peruvian port of Pisco have found 211 kilograms of cocaine on board Teekay’s LNG carrier Hispania Spirit.
Mitsubishi Heavy books LNG double
Japan’s Mitsubishi Heavy Industries (MHI) said it has received two orders for the “Sayaringo STaGE,” a next-generation liquefied natural gas carrier.
Gazprom, Shell begin talks over Baltic LNG
Oil and gas giant Shell and Russia’s Gazprom have reportedly entered talks over Baltic LNG in the port of Ust-Luga.
LNG World News Staff