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Carbon budget removes need for $US68b of Australian LNG investment

2015-07-07 04:24:53| Oil & Gas - Topix.net

Lower demand for fossil fuels due to climate change constraints has removed the need for any new investment in liquefied natural gas in Australia for the next 10 years, leaving $US68 billion of proposed projects on the shelf, according to high-profile UK-based research group Carbon Tracker. The group, whose 2013 report on "unburnable carbon" drew global attention, found that some 97 per cent of global LNG required through to 2025 can be met by projects that have already been committed to.

Tags: investment budget australian carbon

 

Carbon budget removes need for $US68b of Australian LNG investment

2015-07-07 02:41:00| Climate Ark Climate Change & Global Warming Newsfeed

Age: Lower demand for fossil fuels due to climate change constraints has removed the need for any new investment in liquefied natural gas in Australia for the next 10 years, leaving $US68 billion of proposed projects on the shelf, according to high-profile UK-based research group Carbon Tracker. The group, whose 2013 report on "unburnable carbon" drew global attention, found that some 97 per cent of global LNG required through to 2025 can be met by projects that have already been committed to. Of the...

Tags: investment budget australian carbon

 
 

HHI and GE receive AIP for new gas turbine-powered LNG carrier

2015-07-07 01:00:00| Ship Technology

Hyundai Heavy Industries (HHI) has received approval in principle (AIP) for its new LNG carrier from UK-based classification society Lloyd's Register.

Tags: receive gas carrier lng

 

CNOOC receives LNG tugboat from Zhenjiang shipyard

2015-07-07 01:00:00| Ship Technology

China National Offshore Oil Corporation (CNOOC) has received the first of two tugboats, Hai Yang Shi You 525, ordered from the Zhenjiang shipyard in China.

Tags: receives lng shipyard tugboat

 

Investment Decision on Big Mozambique LNG Project Could Come by Year End

2015-07-06 16:14:24| ENR.com: Headline News

Anadarko awarded construction contract in May to team of Chicago Bridge & Iron, Chiyoda and an Eni subsidiary.

Tags: year end big project

 

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