Gas
South Africa’s RMB commits funding for Mozambique LNG project
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Leading African corporate and investment bank RMB said a liquefied natural gas (LNG) project in Mozambique is expected to receive US$15bn of financing commitments at a signing scheduled for June 2020
Shell invests in Nigeria LNG processing unit
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Royal Dutch Shell said that all conditions for the final investment decision (FID) on a new LNG processing unit at Nigeria LNG (NLNG) has been met
Equatorial Guinea awards contract to develop gas master plan
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Marathon Oil, EG LNG, and the Ministry of Mines and Hydrocarbons of Equatorial Guinea have awarded British company Gas Strategies a contract for the development of a gas master plan
Saipem wins Nigeria LNG Train 7 EPC contract
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Saipem, in joint venture with Daewoo E&C Co. Ltd and Chiyoda Corporation (SCD JV), has secured an engineering, procurement and construction (EPC) contract for the Nigeria LNG Train 7 Project, which will be executed at Bonny Island LNG complex in Nigeria
Global LNG sector faces depressed demand and falling prices
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The global liquefied natural gas (LNG) sector has been hit by supply overhang followed by COVID-19-induced economic slowdown and lower demand worldwide
- LNG demand shows impressive resilience in face of COVID-19
- SDX Energy makes commercial gas discovery in Egypt
- Supermajor Total charters its two LNG-powered VLCCs
- Natural gas to feel aftershock of coronavirus for years: Rystad Energy
- ‘Gas sector impacted by coronavirus, oil price crash and LNG oversupply’
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