Liquefied Natural Gas Mining News

Africa's rising LNG producers can address domestic power problems

While the production of liquefied natural gas (LNG) in Africa historically has been concentrated in Nigeria, Algeria, Egypt and Libya, the prospects for gas in the rest of Africa have steadily increased in recent years.

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.