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Edge LNG Selected by EXCO for Marcellus Stranded Gas Project

2020-06-11 23:00:00| OGI

The deal, which will generate cash flow from previously stranded gas wells, is yet another example of how Edge LNG is delivering value to operators by monetizing wells that would otherwise remain dormant, CEO Mark Casaday says.

Tags: project selected gas edge

 

LNG Tanker to Drop Cargo in US with European Stockpiles Near Full

2020-06-11 22:00:00| OGI

The combination of higher U.S. prices, coronavirus demand destruction and record stockpiles in Europe has already prompted buyers to cancel dozens of U.S. LNG export cargoes for delivery this summer.

Tags: full european drop cargo

 
 

Baker Hughes Reaches Key Performance Milestone for Novateks Arctic LNG 2 Project

2020-06-10 15:20:39| OGI

Baker Hughes revealed the completion of the First Engine to Test (FETT) for the LM9000 aeroderivative gas turbine on June 9. The test took place at the companys advanced turbomachinery testing facilities in Florence and Massa, Italy.

Tags: key project performance baker

 

Coronavirus Demand Destruction Cuts US LNG Exports to 13-month Low

2020-06-03 11:10:00| OGI

U.S. prices are less favorable than in the past, making it less attractive for overseas buyers. Buyers in Asia and Europe have canceled over 20 U.S. LNG cargoes for both June and July, with more anticipated.

Tags: low demand cuts destruction

 

API Publishes New Standard for LNG Measurement

2020-06-01 21:30:00| OGI

The new API Manual of Petroleum Measurement Standard is focused on helping suppliers, operators and customers of LNG terminals and storage facilities accurately measure the quality of LNG.

Tags: standard measurement api lng

 

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