Liquefied Natural Gas Mining News

Mitsui posts first loss ever amid $2.3bn copper, gas write-downs

About $1 billion of the total write-down was due to copper projects in Chile and revisions to the long-term price outlook.

North Montney Mainline project approval brings Pacific NorthWest LNG closer to reality

Canada’s National Energy Board (NEB) has recommended approval of the $1.7 billion North Montney Mainline Project, effectively moving Petronas one step closer to making a positive final investment decision (FID) on the Pacific NorthWest LNG (PNW LNG) project.

Petronas CEO warns BC against 'unrealistic expectations' on LNG

The B.C. government’s annual three-day LNG Conference opened May 21 in the shadow of an announcement that Russia had signed a $400 billion, 30-year deal to supply natural gas to China – one of B.C.’s hoped for long-term liquefied natural gas customers.

Reading, writing and LNG: B.C. education to be retooled for job skills

Under the plan, elementary school students will be introduced to hands-on learning earlier; education and training will retooled to "better match in-demand jobs."

Gas sector to replace mining as Australia’s main growth driver

Together with other four key industries, gas could add $250 billion to the economy over the next two decades, shows a new study.

British Columbia to pump $29 million into LNG development

The province has also announced a two-tier income tax on the LNG industry.

China's CNOOC has big LNG plans for British Columbia

"24 million tonnes of super-cooled gas per year, or just over three billion cubic feet a day."

Japan loves coal: Consumption jumps 26% in October

As the world's largest importer of  liquefied natural gas, this could have implications for the sector.

Canadian, US oil and gas industries discuss their 'self-inflicted' communication problems

When 'industry does a poor job of talking to people ... bad info fills the void,' conference panellist says.

A futures market for LNG?

The spot LNG market is growing, and fast.

B.C. announces $120m royalty rebate for LNG infrastructure

Companies involved in the LNG industry will be able to get royalty credits for the pipelines and roads they build – but only after the projects are completed.