News

NZ gas shortage: LNG imports feasible but could cost up to $1b as reserves dwindle, report reveals
Importing liquefied natural gas to offset New Zealand’s dwindling gas reserves is feasible but challenging, potentially ...
ZAWYA46m
Oil giant Saudi Aramco in talks with Commonwealth LNG for offtake agreement, sources say
If a deal is struck, it will bring Commonwealth LNG closer to the 8 mtpa it plans to sell out of the plant's capacity of 9.5 ...
Arabian Gulf Business Insight on MSN15m
Saudi Aramco in talks to buy LNG from US company
Oil giant Saudi Aramco is in talks with Commonwealth LNG to buy liquefied natural gas from the US company’s proposed facility in Cameron, Louisiana, as it seeks to strengthen its position in the ...
Govt plans to compensate OMCs for LPG losses via excise duty hike proceeds
The finance ministry is close to finalising compensation for state-run oil marketing companies (OMCs) to offset ...
BusinessDesk13m
LNG imports possible, but who will cover the numerous and expensive risks?
An industry-commissioned report on the options to import liquefied natural gas (LNG) to cover energy shortages has said it is ...