Top news of the week January 19 – 24

January 25, 2015

Yemen’s only LNG export facility in Balhaf has reportedly stopped its operations after foreign experts were evacuated from the plant on Sunday.

LNG Limited: EPC MoU signed for Magnolia project

Liquefied Natural Gas Limited informed that Magnolia LNG has executed a memorandum of understanding with Kellogg Brown & Root, a KBR unit and SKE&C USA.

Gazprom reveals Baltic LNG terminal project

Russian giant Gazprom revealed plans to build a 10 mtpa LNG terminal in the Leningrad region near the sea port of Ust-Luga.

SHI finalizes deal for two LNG newbuilds

Samsung Heavy Industries of Korea said it has signed a deal with SK Shipping for the construction of two LNG carriers.

Platts: Feb spot LNG prices to Asia plummet

Prices of spot liquefied natural gas for February delivery to Asia plunged to a four-year low, averaging $9.911 per million British thermal units, according to the latest Platts Japan/Korea Marker data for month-ahead delivery.

LNG World News Staff