LNG carriers set to boom

GCEF has forecast a balanced global liquefied natural gas (LNG) shipping market in the short-and medium-term with the upcoming commissioning of new LNG carriers.

According to GCEF’s report on the new trends on the global market of LNG carries, by secretariat Aydar Shakirov, at least 142 LNG carriers are expected to come online between 2021 and 2025.

Out of the total number, 46 LNG carriers are to be commissioned in 2021 followed by 38 carriers in 2022. 

Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
Touchstone Exploration

More articles like this

Touchstone Exploration

Trinidad and Tobago’s energy industry

Trinidad and Tobago’s oil and gas industry has had operations for more than a century and now supports the largest hydrocarbons production in the Caribbean. In the 1990s, the country successfully transitioned from an oil-dominated industry

Touchstone Exploration

Natural gas prices rise on Israel concerns

Natural gas prices have jumped this week in Europe on worries about supplies stemming from the conflicts in Israel and Ukraine. Prices for benchmark European gas contracts are up more than 20 percent since the end

Touchstone Exploration

Touchstone focusing on Coho & Cascadura gas supply

Toutchstone Exploration Inc’s focus going forward in Trinidad and Tobago will be to fill up the gas facilities at Coho and Cascadura as quickly as possible, its president and chief executive officer, Paul Baay, has said.

Touchstone Exploration

Trinidad hits projected gas production at onshore field

Touchstone Exploration has hit its forecasted gas production volumes at the onshore Cascadura field in Trinidad and Tobago, the Canadian independent announced on Monday. The field located on the 181-square-kilometre Ortoire block began production earlier this month

Touchstone Exploration

Touchstone Exploration hosting Capital Markets Day today at 9am

Touchstone Exploration Inc (LON:TXP) is hosting a Capital Markets Day event for analysts and investors today at 9 a.m. BST at the offices of FTI Consulting. At the CMD, Touchstone Exploration’s senior management team will present further details

Touchstone Exploration

Touchstone’s first oil production meets expectations

Touchstone Exploration Inc announced that it achieved its gross natural gas production target at the Cascadura field in Ortoire after the first week of operations. Touchstone has an 80 per cent operating working interest in the

Touchstone Exploration

Minister Young meets with Touchstone Board

The Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister, Stuart R. Young, M.P., met with the board of directors at Touchstone Exploration Inc. The meeting took place at the

Touchstone Exploration

Touchstone provides cascadura production update

Touchstone Exploration has provided an update regarding natural gas and liquids production volumes from the recently commissioned Cascadura facility. Touchstone has an 80 percent operating working interest in the Cascadura field, which is located on the

Touchstone Exploration

Cascadura facility delivers first production

Touchstone Exploration says the Cascadura natural gas and liquids facility has safely delivered first production. The company has an 80% working interest in the field, located in T&T’s onshore Ortoire block, while Heritage Petroleum holds the

Touchstone Exploration

Touchstone delivers first gas from Cascadura in Trinidad

Calgary-based Touchstone Exploration Inc. has officially announced the commencement of production at its Cascadura natural gas and liquids facility in Trinidad. This announcement heralds a significant transition for Touchstone, pivoting the company’s operations to be more

Touchstone Exploration

Trinidad hydrocarbons output

Hydrocarbons data just released by Trinidad and Tobago’s government reveals the challenge the country faces to break its production stalemate. Energy ministry information shows that output of natural gas in the first half of 2023 averaged 2.64Bf3/d

Touchstone Exploration

Touchstone Exploration Cascadura delivers first production

Touchstone Exploration Inc (LON:TXP) has announced that the Cascadura natural gas and liquids facility has safely delivered first production. Touchstone has an 80 percent operating working interest in the Cascadura field, which is located on the