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Liquefaction

Complete Kochi LNG commissioning likely by April

Commissioning on the Kochi LNG terminal in Kerala, southeastern India, is likely to be completed by late March or early April, The Hindu reported on Friday.

4 January 2013
Liquefaction

East Med is political crucible, says research centre

East Mediterranean gas is unlikely to yield enough LNG export volumes by 2020 to significantly impact international markets because of geopolitical, regulatory and commercial challenges, a report from

3 January 2013
Supply Contracts

LNG tanker market set for ‘solid’ 2013 – Arctic Securities

The LNG shipping market looks set to outperform its crude equivalent over the course of 2013, largely thanks to a predicted uptick in global LNG production, according to Norway’s Arctic Securities.

3 January 2013
Regasification

Mexico sees import slump during November

Mexico postpones a deal to increase LNG imports amid worsening gas shortages in December.

2 January 2013
Liquefaction

Chevron enters North American LNG export fray

Chevron has agreed to take a 50% stake in the Kitimat LNG plant, pipeline and more than 240,000 upstream hectares, replacing existing partners EOG and Encana and potentially improving the project’s prospects.

2 January 2013
Regasification

China’s LNG imports down in November

China imported 1.08 million tons (mt) of LNG in November, according to data released on Friday by the country’s General Administration of Customs.

21 December 2012
Liquefaction

Eni and Anadarko agree to joint LNG plant development

Eni and Anadarko have agreed to work together in developing their highly prospective offshore blocks in Mozambique, both companies said on Friday.

21 December 2012
Regasification

Egypt gives go-ahead to gas imports – report

The Egyptian government has given official approval for the Egypt Natural Gas Holding Co. to start importing gas, according to a local newspaper report.

20 December 2012
Regasification

China’s Jovo set for first LNG cargo from CNPC

China’s Jovo Group, an importer and distributor of LPG in southern China, expects to receive its first shipment of LNG from China National Petroleum Corp. (CNPC) on Saturday, a source with Jovo told Interfax on Thursday.

20 December 2012
Regasification

Israel expects first LNG delivery in January

Israel’s floating storage and regasification unit should be ready to receive LNG within the next week or two, a month after it was due to go online, a spokesperson for Israel Natural Gas Lines told Interfax on Wednesday.

19 December 2012
Regasification

Japanese imports fall in November

Japanese LNG imports fell by 4.5% in November, according to preliminary trade figures released by the Ministry of Finance on Wednesday, marking the second month in 2012 volumes have fallen year-on-year.

19 December 2012
Supply Contracts

OPEC-style LNG cartel unlikely

Despite the increasing liquidity in the global LNG market, and the first signs of a shift towards hub-based pricing, it is highly unlikely a global LNG cartel will form.

18 December 2012
Regasification

South Korean imports mushroom in November

South Korea imported 3.04 million tons of LNG in November, according to figures from Korea’s Customs Service, as some of the lowest temperatures recorded in recent years pushed up demand for imported gas by 35% year-on-year.

18 December 2012
Liquefaction

Fisherman’s Landing LNG capex remains steady at $1 bln

The budget for LNG Ltd.’s proposed Fisherman’s Landing export plant, one of two additional CBM-to-LNG facilities planned for Gladstone, Queensland, remains steady at $1.1 billion, the Perth-based company said on Tuesday.

18 December 2012
Supply Contracts

Total signs on for LNG from fifth Sabine Pass train

Total has signed a sales and purchase agreement for capacity from the Sabine Pass LNG export plant’s proposed fifth train.

18 December 2012
Regasification

Japan’s LDP electoral victory opens the door for restarts

Japan’s pro-nuclear LDP returned to power on Sunday, sweeping out Yoshihiko Noda’s embattled NDP and opening the door for energy policy reform and nuclear restarts.

17 December 2012
Supply Contracts

Turkey inches towards energy market liberalisation with sale of BEDAS – report

Turkey’s largest regional power distribution company, Bogaziçi Electricity Distribution, has been sold to a consortium of three construction companies – Cengiz-Kolin-Limak Ortak Girisim Grubu – for $1.96 billion, the Financial Times reported on Sunday.

17 December 2012
Supply Contracts

Nanshan Power to sign gas purchase contract with CNOOC

Shenzhen Nanshan Power announced on Saturday that it plans to sign a contract to purchase LNG from China National Offshore Oil Corp.’s subsidiary in Guangdong province for the next five years.

17 December 2012
Shipping & Transport

CNOOC, PetroChina see trucked LNG sales climb

China National Offshore Oil Corp and PetroChina saw strong sales of truck-delivered LNG from their receiving terminals in the first 13 days of this month, an energy consultancy told Interfax on Friday.

14 December 2012
Supply Contracts

Argentine LNG outlook unclear, despite reports

The extent of Argentina’s LNG demand in 2013 is still unclear, despite various media reporting that the country is lining up to buy as many as 83 cargoes next year.

14 December 2012

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