Charif Souki, founder and former CEO of Cheniere Energy Partners and current chairman and co-founder of Tellurian, said Wednesday the U.S. natural gas industry will need $150 billion to keep drilling.
China’s natural gas output rose in December to the highest monthly rate since at least 2014, as state energy firms rushed to fill a supply gap sparked by surging winter demand and from a drive to switch millions of households to gas from heating with coal.
Houston-based Tellurian Inc. announced on Wednesday that it has hired financial advisors for its Driftwood Liquefied Natural Gas Facility near Lake Charles, La. Hired were Goldman Sachs & Co. and SG Americas Securities, Kallanish Energy reports.
Polish state-run oil and gas company, PGNiG, is consolidating its role in the Central and Eastern European gas market, with sales to Ukraine via a direct interconnector hitting a record-high of 700 million cubic meter (MMcm) in 2017.
Spanish gas transmission operator, Reganosa, said on Monday it’s the best place for liquefied natural gas (LNG) exports from Russia’s Yamal region, as it received the first cargo from the Yamal LNG project to be consumed in Continental Europe.
Russia’s liquefied natural gas (LNG) produced by the Yamal LNG project in Siberia, which arrived in the UK late last month, is now reportedly heading to meet growing gas demand in the U.S.’s northeast.
Spanish gas transmission system operator (TSO) Reganosa and state-owned high speed rail operator Renfe have started a four-month trial of passenger trains running on liquefied natural gas (LNG) rather than oil fuels.
Poland’s gas transmission system operator, GAZ-SYSTEM, said on Wednesday it has signed contracts for the development of design documentation of the onshore transmission pipelines to be built under the Baltic Pipe project.