Natural Gas Daily

• Reliance, BP make big KG-D6 discovery
  24 May 2013 16:52 GMT
  

  India’s Reliance Industries, BP and Canada’s Niko Resources have made a “significant” gas and condensate discovery in the deepwater Krishna Godavari D6 Block – where the companies are working to reverse a steady decline in gas output.

• Media blackout
  24 May 2013 16:47 GMT
  
  
  Scaremongering over the UK’s barren storage reserves last winter has been rife in numerous media outlets this week.
• Health check for Aussie gas industry
  24 May 2013 15:24 GMT
  
  
  Ministers and executives are likely to face tough questions at the annual APPEA conference next week, as the industry addresses the challenges dimming growth forecasts.
• Iranian-backed hackers attack energy companies’ computer systems
  24 May 2013 15:02 GMT
  

  Iranian-backed hackers have launched infiltration and surveillance missions against the computer systems that control energy and power companies, current and…

• Qatar Liquefied Gas Co. shuts LNG plant for maintenance
  24 May 2013 15:00 GMT
  

  Qatar Liquefied Gas Co. has shut one of its seven LNG production plants for maintenance, two people with knowledge of…

• Series of changes in new Tanzanian policy draft
  24 May 2013 14:56 GMT
  

  The latest draft of Tanzania’s Natural Gas Policy shows a series of changes and additions – including a requirement for companies involved in the local gas industry to be listed on the Dar es Salaam stock exchange and more details about the proposed state-owned aggregator.

• BRICs offer West Africa fast financing in exchange for oil
  24 May 2013 14:55 GMT
  
  
  Oil and gas in West Africa is an attractive investment for the BRICs and an important development opportunity for the host countries as oil and gas licences are increasingly linked to infrastructure development.
• Revitalised Brazil sets a pre-salt date
  24 May 2013 14:52 GMT
  
  
  The Brazilian government has announced the Libra megafield offshore Rio de Janeiro is set to go under the hammer in October, but the timing may not suit state-run Petrobras.
• Poland postpones shale gas taxation to 2020
  24 May 2013 14:47 GMT
  

  The Polish government will postpone taxation on shale gas production until 2020 under plans confirmed by the minister of finance this week, apparently aimed at retaining inward investment in the country’s fledgling unconventional gas sector.

• IEA calls for greater role for gas in German Energiewende
  24 May 2013 14:40 GMT
  

  The International Energy Agency launched a critique of Germany’s energy transition policy – the Energiewende – in Berlin on Friday, calling for more regional cooperation, efficient investment in transmission networks and an assessment of how flexibility-granting gas-fired power plants can be supported.

• Cheniere selects lending group for Sabine Pass LNG export expansion
  24 May 2013 14:15 GMT
  

  US-based Cheniere Energy Partners announced this week it has lined up 17 lending institutions to act as joint lead arrangers…

• Canadian explorer signs off on $300 million debt facility
  24 May 2013 14:13 GMT
  

  Canadian explorer Teine Energy has closed a new $300 million debt facility to refinance its existing revolver and fund an…

• Carrizo expands borrowing base by $165 million
  24 May 2013 14:11 GMT
  

  Carrizo Oil & Gas has expanded its bank debt facility to $530 million, while also adding two unnamed lenders to…

• Kogas and BG Group awarded North West Shelf cargoes
  24 May 2013 13:37 GMT
  

  Kogas and BG Group have been awarded a cargo each from a tender at North West Shelf by Woodside Petroleum, analysts have told Interfax.

• InterOil chooses Exxon as potential PNG partner
  24 May 2013 13:35 GMT
  

  ExxonMobil has emerged as the unexpected winner among bidders to join InterOil’s development in Papua New Guinea, with the two Texan companies now discussing a partnership which could eventually lead them to combine their LNG projects in the country, InterOil said on Friday.