Bharat Book Bureau

There are recent and striking changes in the elements which configure the international trade of natural gas. These new features require detailed examination for an appreciation of LNG's modern profile.

The newly adjusted focus of the LNG industry reveals a landscape for dramatically renewed growth emerging from long-term positive forces in the world's three major geographic sectors of LNG activity.

“Global Top 10 LNG Markets: Analysis of Capacity, Trade Movements, Supply-Demand and Competitive Scenario”, is the latest report from GlobalData, the industry analysis specialists.

GNL Quintero, in central Chile and one of the nation’s two liquefied natural gas regasification terminals, already proved its value this winter as peak output matched the maximum amount of gas central Chile.

Qatar hopes to soon achieve targeted LNG production of 77 million tonnes per annum (mtpa) and has set up a task force to mark the historic occasion.

Germany and Poland have faced off over a Polish liquefied natural gas terminal to be built on the Baltic Sea coast. Poland in July signed a deal with a consortium led by Italy's Saipem to build an LNG terminal at the port of swinoujscie.

Enagas SA, the operator of Spain’s natural-gas grid, agreed to buy a 15 percent stake in the Bahia de Bizkaia Gas regasification plant in Bilbao from Repsol YPF SA as it adds network assets.

Total SA, Europe’s third-largest oil producer, agreed to acquire 20 percent of Santos Ltd.’s proposed liquefied natural gas project in Australia’s Queensland state for more than A$860 million ($790 million).

Darwin is set to be "the floating LNG capital of the world", Northern Territory Minister for Primary Industry, Fisheries and Resources Kon Vatskalis says.

Total SA's Yemen LNG project said its pipeline was the target of a failed attack Monday but that liquefied natural gas production continued.