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Regasification

Lithuanian govt looking for €130 million of investments in proposed LNG terminal

Potential Lithuanian LNG terminal operator Klaipedos Nafta said the government is considering a number of investment proposals for the building of Lithuania’s first LNG terminal.

22 October 2012
Liquefaction

Woodside shortlisted for partnership in Israel’s Leviathan field

The partners developing the giant Leviathan natural gas field off the coast of Israel have confirmed that Woodside Petroleum has submitted a bid to take a 30% stake in the licence.

22 October 2012
Supply Contracts

The ‘crude’ in Japan’s cocktail

Japan is right to look for an alternative LNG pricing mechanism to the oil-linked method. But while the US Henry Hub gas price looks like an attractive substitute at the moment, it may not be an appropriate hook for Japanese prices in the long term.

19 October 2012
Supply Contracts

Tamar partners to supply Israel Corp.

The Tamar partners are expected to sign a $10 billion contract to supply Israel Corp. with 30 bcm of gas within the next few days, sources told Globes.

18 October 2012
Liquefaction

Taiwan imports up in August

Taiwan imported 1.24 million tons (mt) of LNG in August, figures from the country’s Ministry of Finance show.

18 October 2012
Liquefaction

Tangguh expansion tripped up over cost recovery details

Perhaps it was wishful thinking that the plan of further development for the Tangguh LNG plant in Indonesia would receive fast-track regulatory approval so a FID could be nailed down by 2013 and construction under way by 2014.

18 October 2012
Liquefaction

Gazprom submits highest bid for stake in Leviathan field - report

Gazprom has submitted the highest offer for a 30% stake in Israel’s Leviathan gas field, sources connected with the negotiations, told Globes.

17 October 2012
Regasification

Gas sales grow for Japan’s largest distributor

Tokyo Gas sold 6.4 billion cubic metres of gas during the first half of the fiscal year, the distribution company announced on Tuesday.

17 October 2012
Supply Contracts

Shell looks to supply LNG to Thailand

Royal Dutch Shell is looking to become an LNG supplier in Thailand, the Bangkok Post reported on Tuesday, citing the company’s new Country Chairman Asada Harinsuit.

17 October 2012
Liquefaction

BPMigas ready to add third Tangguh train

Indonesian upstream regulator BPMigas is ready to approve a plan to add a third train to the BP-operated Tangguh LNG plant, BPMigas said on Friday.

17 October 2012
Liquefaction

Novatek sees Europe as best market for Yamal LNG

Novatek still sees Europe as the best market for LNG sales from the Yamal project, the company's chief, Leonid Mikhelson, said at a company conference on Yamal held in Moscow on Tuesday.

16 October 2012
Supply Contracts

South Korean LNG imports drop by 23% in September

South Korea imported 2.82 million tons (mt) of LNG in September, figures released by Korea’s Custom Service showed on Tuesday.

16 October 2012
Supply Contracts

Qatar rebuffs Japanese request to lower prices

A Qatari minister has rebuffed Japanese requests to reduce LNG prices during a meeting in Tokyo on Monday, according to reports in the Japanese press.

16 October 2012
Liquefaction

Kunlun starts project to turn coke oven gas into LNG

China Natural Gas Corp. (CNGC) has initiated the first phase of a landmark Chinese project to turn residual coke oven gas into synthetic natural gas (SNG).

16 October 2012
Shipping & Transport

Panama LNG transit fees to attract US deliveries to Asia

With transit fees for the Panama Canal reported to be ‘competitive’ and Asian companies’ expressing their interest in the US’ Henry Hub-linked prices there are strong indications that the route will see increased use.

15 October 2012
Supply Contracts

Indian firms pin hopes for cheaper LNG on US shale

State-run Oil India and Indian Oil have joined the bandwagon of Indian companies investing in United States shale assets. The deal was driven by hopes that US LNG will be cheaper than the oil-indexed supplies India now receives, Oil India executives told Interfax.

15 October 2012
Regasification

Japan utilities burn more, import less LNG in September

Japan’s 10 largest utilities imported 4.51 million tons (mt) of LNG in September, data from the Federation of Electric Power Companies (FEPC), released on Monday, showed.

15 October 2012
Liquefaction

Not all about LNG in Mozambique – Eni

Some of the offtake from the big gas finds offshore Mozambique could be used to fuel a GTL plant and CNG facility to help supply the domestic and regional markets, senior Eni executives said on Thursday.

12 October 2012
Supply Contracts

Total agrees to raise price of Yemeni LNG - report

Total has agreed to raise the prices it pays for Yemeni LNG from $3 per million Btu (MMBtu) to $7/MMBtu, the London-based Al-Quds al-Arabi Newspaper quoted a Yemeni state source as saying on Thursday.

12 October 2012
Supply Contracts

Chubu Electric signs 15-year LNG deal with Qatargas

Chubu Electric Power Co. has signed a 15 year LNG supply contract with Qatar Gas.

12 October 2012

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