Asian liquefied natural gas prices are expected to fall by up to 30 percent in 2015, according to a survey of analysts and consultants, as the market enters a period of oversupply and the impact of lower oil prices kicks in.
Stolt-Nielsen Gas (SNG), SunLNG Holding (SunLNG) and LNGaz have teamed up to provide natural gas to remote mining operations and other industrial customers in northeast Canada at a lower cost than diesel and residual fuel oil, which are the primary energy sources today.
Three Qatar companies, Nakilat, Qatargas and RasGas Company, are joining forces to convert a Q-Max vessel as a pilot project making it capable of running on LNG and reducing the ship's exhaust gas and greenhouse gas emissions.