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Tag Archives: LNG

US not worried about OPEC production cut

The United States is not concerned by the prospect of further output cuts by OPEC and its allied oil producers, U.S. Energy Secretary Dan Brouillette said on Tuesday. A technical panel that advises the Organization of the Petroleum Exporting Countries and its allies, led by Russia, have proposed an additional …

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ADNOC and CNOOC sign agreement in China

The Abu Dhabi National Oil Company, ADNOC, today signed a Strategic Framework Agreement with China National Offshore Oil Corporation, CNOOC, to explore new opportunities for collaboration in both the upstream and downstream sectors as well as in Liquefied Natural Gas, LNG. The exchange of the signed agreement was witnessed by …

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EU investigates Qatar’s long-term LNG contracts

The European Commission is investigating the bloc’s biggest seaborne gas supplier Qatar Petroleum over potentially restrictive 20-year supply agreements inhibiting development of a single gas market, its latest challenge to a major gas supplier. The bloc, having just wrapped up a seven-year market abuse probe into Russian giant Gazprom, said …

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Poland expects long term deal for U.S. LNG supplies

Poland expects to sign a long-term deal for liquefied natural gas (LNG) supplies from the U.S. to reduce its reliance on Russian gas, the country’s President Andrzej Duda said after meeting U.S. president Donald Trump. Poland imports most of the 16 billion cubic metres of gas it consumes a year …

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Shell signs bunkering deal with Qatar

Royal Dutch Shell has signed a framework agreement with Qatar Petroleum on LNG bunkering, according to a statement on June 14. The super-major’s deal comes despite the recent political turmoil around Qatar’s relationship with Saudi Arabia and the United Arab Emirates. The agreement follows two earlier memoranda of understanding (MoUs) …

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