• Wed
  • Apr 16, 2014
  • Updated: 8:04pm

Liquefied Natural Gas

CNOOC weighs up LNG expansion in Canada

CNOOC, China's dominant offshore oil and gas producer, has agreed to examine the viability of building facilities on the west coast of Canada to liquefy and export natural gas produced from interior fields, as part of the country's efforts to secure more energy sources.

Thursday, 14 November, 2013, 1:24am

Gas companies all at sea

Escalating costs to build liquefied natural gas (LNG) plants on land in Australia, where energy workers earn the highest salaries in the world, are driving developers out to sea in search of billions of dollars in savings.

27 Apr 2013 - 5:07am

Gas projects to pump up Aussie dollar

Strategists are boosting forecasts for Australia's dollar by the most of any Group of 10 currency, betting that US$190 billion of natural-gas projects will keep funds flowing into the nation as spending on mines slows.

2 Feb 2013 - 4:25am

New orders keep Cheoy Lee well above water

With a full order book until the middle of next year and a raft of repeat customers, Hong Kong-headquartered shipbuilder Cheoy Lee Shipyards is weathering the downturn in the global shipping sector better than most yards.

15 Aug 2012 - 11:04pm

Canada has big dreams to tap Asian gas market

Canada, which exports most of its natural gas to the United States, has set its sights for the first time on Asia to diversify its market - with China a key target.

6 Feb 2012 - 12:00am

Companies hope for share of LNG investment boom

China could see a surge in its use of liquefied natural gas, one that will require a massive investment in new terminals and gas-carrying ships to import the energy source.

28 Nov 2011 - 12:00am

Rongsheng bids for lng carrier deal

China Rongsheng Heavy Industries Group Holdings is vying for a deal potentially worth billions of yuan to build liquefied natural gas tankers as the mainland embarks on a further stage of LNG development.

'We don't know how many ships will be required, but it is going to be a large quantity,' said Sean Wang Shaojian, the company's chief financial officer.

29 Aug 2011 - 12:00am

Shanghai shipyard signs deals for US$1b

Four ship-building contracts worth up to a combined US$1 billion have been signed between Shanghai's Hudong-Zhonghua Shipbuilding and joint venture companies formed by Japan's Mitsui OSK Lines and China Shipping Development.

The contracts are to build four liquefied natural gas (LNG) carriers.

18 Jul 2011 - 12:00am

Shenzhen LNG terminal may cost HK$8b

The proposed liquefied natural gas (LNG) receiving terminal in western Shenzhen that would supply the clean fuel to Hong Kong power utility CLP Holdings could cost as much as HK$8 billion, according to sources.

23 Feb 2009 - 12:00am

Tough controls

Officials say CLP Power must mitigate damage to the marine ecology if it builds a liquefied natural gas terminal at the Sokos. What must the firm do to ensure protection of the environment? Write to us.

29 Jul 2008 - 12:00am

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