LNG.AX - Liquefied Natural Gas Limited

ASX - ASX Delayed Price. Currency in AUD
0.73
-0.03 (-4.58%)
At close: 4:10PM AEST
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Previous Close0.76
Open0.76
Bid0.73 x 0
Ask0.75 x 0
Day's Range0.73 - 0.76
52 Week Range0.36 - 0.88
Volume1,547,450
Avg. Volume2,595,935
Market Cap416.82M
Beta1.33
PE Ratio (TTM)N/A
EPS (TTM)-0.06
Earnings DateMar 1, 2016 - Mar 5, 2016
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est0.64
  • The Wall Street Journal3 days ago

    [$$] Trade Fears Throw Future of U.S. Natural Gas Into Question

    U.S.-China trade tensions threaten a promising area of growth in U.S. energy: natural-gas exports. While the trade dispute hasn’t impacted near-term prices, some analysts believe it could disrupt exports and slow new infrastructure expansions. Earlier this month, in response to U.S. tariffs, China proposed its latest round, including a 25% levy on liquefied natural gas, or LNG.

  • Reuters2 months ago

    China keeps LNG off tariff list for now, could be trade weapon later

    China's omission of liquefied natural gas (LNG) from its vast list of U.S. products that face hefty import duties from Friday has preserved a potential weapon should the trade war with Washington deepen. It also underscores Beijing's desire to ensure supplies of gas as it pushes to switch millions of households and businesses away from using coal as a key part of its 'war on pollution'. China will on Friday impose tariffs on $34 billion of U.S. goods from pork to soybeans to cotton in retaliation for a similar move by Washington as trade relations sour between the world's top two economies.

  • Reuters2 months ago

    Global energy players converge on Washington as China trade war lurks

    The world’s biggest oil and gas players are gathering for a summit in Washington D.C. this week that will be overshadowed by the specter of shifting trade patterns due to a trade dispute between the United States and China. The uncertainty comes at a historic moment for the United States, which has become the world’s biggest natural gas producer, one of the top crude oil producers, and a growing exporter of both. "The timing is unfortunate," said Charlie Riedl, executive director of the Center for LNG, noting the U.S.-China trade scuffle has ramped up uncertainty just as the next wave of U.S. liquefied natural gas producers are trying to finalize offtake deals needed to start construction.

  • Reuters2 months ago

    BP seeks to lease LNG tanker for at least 9 months as day-rates rise

    LONDON (Reuters) - ** BP Shipping on Thursday notified the liquefied natural gas (LNG) market of its interest in leasing the British Ruby or its sister vessel for a minimum of nine months from Dec-Q1 2019, ...

  • Reuters2 months ago

    LNG trade grows 10 pct in 2017 as U.S., Australia boost exports

    June 11 (Reuters) - Global liquefied natural gas (LNG) trade grew by 10 percent last year due primarily to growing liquefaction capacity in the Australia and the United States, the U.S. Energy Information ...

  • Reuters2 months ago

    Asian LNG prices rally to four-year seasonal high as demand soars

    Asian liquefied natural gas (LNG) prices have risen to their highest since 2014 for this time of the year as demand from China, India and South Korea has surged at the same time several production issues are curbing spot supply. Higher oil prices and China's continued buying of spot cargoes this year is also supportive, said Kittithat Promthaveepong, a senior analyst at consultancy FGE. "This is driven mainly by three factors: lower domestic gas production due to maintenance at gas fields, industrial demand due to fuel switching away from oil, and early stock building to prepare for the coming winter," he added.

  • Reuters3 months ago

    UK's top Qatari LNG importer seeks to broaden supply as cargoes slump

    Britain's busiest liquefied natural gas (LNG) import terminal, South Hook, is seeking to broaden its sources of supply as robust Asian demand diverts cargoes from Qatar - the world's biggest exporter and the terminal's majority shareholder. Volumes to the terminal, in which Qatar Petroleum owns a controlling stake, have halved so far this year from a year ago to 1.2 million cubic metres (mcm) and amount to just 15 percent of 2016 volumes for the same period. South Hook, in Wales, has been seeking to broaden the specification of its gas since January, a proposal that was approved late on Thursday by the Joint Office of Gas Transporters (JOGT), which administers the rules for transporting gas in Britain.

  • Moody's3 months ago

    Enagas Transporte, S.A. -- Moody's upgrades Enagas's ratings to Baa1; outlook stable

    Moody's Investors Service (Moody's) has today upgraded to Baa1 from Baa2 the long-term issuer rating of Enagas S.A. (Enagas) and senior unsecured debt rating for Enagas Transporte, S.A.. At the same time, Moody's has affirmed the short term issuer rating for Enagas at P-2. The outlook is stable on all ratings.

  • Reuters3 months ago

    Exclusive: Equatorial Guinea in LNG sale talks as Shell deal winds down

    Equatorial Guinea is in talks to sell liquefied natural gas (LNG) supply from its Punta Europa project to independent and state-backed oil companies and traders from 2020 as it winds down an exclusive deal with Royal Dutch Shell (RDSa.L). Gabriel Obiang Lima, Minister for Mines and Hydrocarbons, told Reuters he is seeking to lift royalties from future LNG deals close to 50 percent, compared with 12.5 percent under existing arrangements with Shell. Shell's deal, inherited after it acquired BG Group in 2015, was amended in 2009 under government pressure to include a 12.5 percent share of profits, but it is still among the most lucrative contracts for any LNG exporter.

  • Reuters5 months ago

    Gail India offers three LNG cargoes from Sabine Pass for May to July

    SINGAPORE (Reuters) - Gail India has offered three liquefied natural gas (LNG) cargoes for May to July loading from Sabine Pass in the United States, two traders said on Tuesday. The cargoes will be sold ...

  • Reuters5 months ago

    Gail India seeks two LNG cargoes for April-May delivery: traders

    SINGAPORE/LONDON (Reuters) - Gail (India) is seeking two liquefied natural gas (LNG) cargoes for delivery over April to May, traders said on Wednesday. The company is seeking one cargo for April 10-20 ...

  • Moody's5 months ago

    Peru LNG S.R.L. -- Moody's assigns first time Baa3 rating to Peru LNG; stable outlook

    Moody's Investors Service (Moody's) assigned a Baa3 Issuer Rating to Peru LNG S.R.L. (PLNG) and its proposed USD940 million in senior unsecured notes. Proceeds from the notes will be used to refinance ...

  • Reuters6 months ago

    LNG project investments thaw as Exxon eyes Mozambique, Qatar

    Investments in new liquefied natural gas (LNG) projects are thawing out after three years of low prices, with Exxon Mobil expecting to advance in Mozambique and Qatar, and Oil Search looking to expand in Papua New Guinea. Surging gas demand from China and Southeast Asia is reassuring export project developers sitting on huge untapped gas discoveries across the globe that the market cycle is finally beginning to turn. Oil executives at the LNGA conference in Singapore on Wednesday were upbeat on prospects for the development of new supply outside the United States, a recent magnet for LNG investments.

  • Reuters6 months ago

    Gail India seeks to buy spot LNG cargo for March - traders

    SINGAPORE (Reuters) - Gail (India) (GAIL.NS) has launched a tender to buy a liquefied natural gas (LNG) cargo for delivery in March, two trade sources said on Wednesday. The company is seeking a cargo ...

  • Reuters6 months ago

    ExxonMobil shuts LNG plant in Papua New Guinea; reports of casualties

    ExxonMobil Corp has shut its liquefied natural gas (LNG) plant in the wake of a powerful earthquake in Papua New Guinea's remote highlands region that cut off roads and damaged buildings, with unconfirmed reports of 20 or more deaths. The global energy giant said communications with nearby communities remain down following the 7.5 magnitude earthquake early on Monday, hampering efforts to assess damage to facilities that feed the PNG LNG plant, the country's biggest export earner. "Communications continue to be one of the most significant challenges," ExxonMobil said in an emailed statement, adding that damage has closed the Komo airfield that serves its gas production and processing operations.

  • Reuters6 months ago

    China LNG imports hit record in Jan ahead of cold snap

    China's imports of liquefied natural gas (LNG) hit record levels in January, as the world's most populous nation rushed to shore up supplies ahead of another cold snap and this month's Lunar New Year celebrations, while fuel exports also jumped. LNG imports totalled 5.18 million tonnes, compared with the previous record of 5.03 million tonnes set in December and up 51.2 percent from January, 2017, according to data on Friday from China's General Administration of Customs. Meanwhile, China's January gasoline exports soared by two thirds to 1 million tonnes from a year earlier and were just shy of December's all-time high of 1.23 million tonnes.

  • Reuters6 months ago

    Asia's soaring gas demand opens window for new LNG projects

    NUSA DUA, Indonesia/SINGAPORE (Reuters) - Soaring gas demand from China, India and Southeast Asia is sucking up an LNG supply glut previously expected to last for years, opening opportunity for new production from East Africa to North America that had been deemed part of the overhang. Trade flows in Eikon show global liquefied natural gas (LNG) imports have risen 40 percent since 2015, to almost 40 billion cubic metres (bcm) a month.

  • ACCESSWIRE6 months ago

    Edison issues outlook on Liquefied Natural Gas Ltd (LNG AU; LNGLY US)

    LONDON, UK / ACCESSWIRE / February 13, 2018 / Liquefied Natural Gas's (LNGL) (OTC PINK: LNGLY) (ASX: LNG) Magnolia development is up to 30 months ahead of other US-based greenfield liquefaction plants ...

  • Reuters6 months ago

    Cheniere closer to expanding Texas LNG site after China deal

    Cheniere Energy Inc said on Friday it has signed a deal to sell liquefied natural gas to China National Petroleum Corp (CNPC) from its Corpus Christi export terminal under construction in Texas, moving the top U.S. LNG company closer to expanding the site. CNPC's PetroChina International Co Ltd subsidiary will buy about 1.2 million tonnes per annum (mtpa) of LNG under two agreements with a portion of the supply beginning in 2018 and the balance in 2023, Cheniere said.

  • Reuters6 months ago

    Next-wave LNG terminals get smaller to offer flexible supply deals

    The liquefied natural gas market is growing every year, but the terminals that ship and receive the fuel are shrinking. LNG export terminals, where the gas is liquefied and put on vessels for shipping, have traditionally been massive, custom-built facilities that cost tens of billions of dollars. Numerous terminal projects on the horizon, by contrast, are new modular-style designs built to snap together like Legos, allowing for small to mid-scale liquefaction or regasification plants that can be expanded if and when demand grows.

  • Reuters6 months ago

    Next-wave LNG terminals get smaller to offer flexible supply deals

    The liquefied natural gas market is growing every year, but the terminals that ship and receive the fuel are shrinking. LNG export terminals, where the gas is liquefied and put on vessels for shipping, have traditionally been massive, custom-built facilities that cost tens of billions of dollars. Numerous terminal projects on the horizon, by contrast, are new modular-style designs built to snap together like Legos, allowing for small to mid-scale liquefaction or regasification plants that can be expanded if and when demand grows.

  • Reuters9 months ago

    Pakistan in LNG talks with France, Italy and Spain

    Pakistan is in liquefied natural gas (LNG) supply talks with France, Italy and Spain, a senior Pakistani source said, which could lead to contracts for Engie, Eni and Gas Natural Fenosa. Intergovernment agreements (IGAs) could help Pakistan speed up its ambitious plans to bolster LNG imports as it aims to end the country's chronic energy shortages. Pakistan opened its second LNG import terminal in Karachi last week and Prime Minister Shahid Khaqan Abbasi said up to five more terminals are in the works.

  • Reuters9 months ago

    Pakistan LNG launches 4-cargo LNG buy tender for March - document

    LONDON (Reuters) - Pakistan LNG launched a tender seeking four liquefied natural gas (LNG) cargoes for delivery in March, a document posted on the company's website showed. The company set out four delivery ...

  • Reuters9 months ago

    COLUMN-India rushing to join natural gas boom risks eventual LNG shortage: Russell

    India is planning to join the Asian rush to boost the use of natural gas over coal, a further sign that the liquefied natural gas (LNG) market will tighten faster than previously expected. India's state oil refiners Indian Oil, Bharat Petroleum and Hindustan Petroleum aim to raise the contribution of natural gas to between 5 percent and 15 percent of their incomes over the coming years, up from virtually zero currently. This is part of the government's target to boost the natural gas portion of India's primary energy mix to 15 percent by 2030, up from 6.5 percent now.