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Liquefaction

Guanghui starts up China’s first coal chemical-LNG plant

A coal chemical-LNG plant in the Xinjiang Uyghur Autonomous Region belonging to Guanghui Energy, a non-state-owned energy company, has entered production, the company announced on Wednesday.

6 December 2012
Supply Contracts

CNOOC and PetroChina buoyed by stronger trucked LNG sales

China National Offshore Oil Corp.’s (CNOOC) profit from sales of truck-delivered LNG more than doubled in October from a month earlier, while PetroChina’s losses eased over the same period, according to the data released by Shandong province-based Zhuochuang Information on Thursday.

6 December 2012
Liquefaction

Petronas and Progress push ahead with LNG export plans

Malaysia’s state-owned Petronas and Canadian oil and gas explorer Progress Energy will proceed with pre-front end engineering and design work on their joint LNG export plant in Lelu Island near Prince Rupert, British Columbia.

6 December 2012
Liquefaction

Report finds US LNG exports offer economic benefits

The United States Department of Energy has released a long-delayed report that will be instrumental in determining the future of US LNG exports, and it has concluded that they would be a boon to the US economy.

6 December 2012
Shipping & Transport

Russian Energy Ministry LNG export decision due next week

The Russian Energy Ministry will decide its position regarding the rights of independent companies to export LNG within the next week, Deputy Energy Minister Pavel Fyodorov said on Wednesday.

5 December 2012
Liquefaction

Yamal LNG schedule 'optimistic' - Total director

The schedule to implement the Yamal LNG project is optimistic, Russie Jacque de Boisseson, general director of exploration and production at French oil giant Total, said at the Global Energy Intelligence Day on Wednesday.

5 December 2012
Liquefaction

Southeast Asia’s pirates kept at bay

Despite a long history of piracy in Southeast Asia, it is unlikely the region’s bandits will be on the same scale as their East African counterparts.

5 December 2012
Regasification

Mexican postpones LNG import boost

Mexico has postponed a deal to increase LNG imports amid worsening gas shortages. The energy ministry is awaiting the go-ahead from new President Enrique Peña Nieto, who took office on Saturday, to allow industrial buyers to purchase gas from the Manzanillo regasification terminal.

4 December 2012
Regasification

Singapore tenders study for second LNG terminal

Singapore’s Energy Market Authority (EMA), a regulatory board under the Ministry of Trade and Industry, has tendered a feasibility study for additional LNG and gas infrastructure “to meet Singapore’s long-term gas demand and energy security needs”, a spokesman with the agency has told Interfax.

4 December 2012
Liquefaction

Noble-Woodside deal brings Leviathan one step forward

The Noble Energy-Woodside Energy partnership agreement, announced on Sunday, would bring an experienced LNG operator into the offshore Leviathan field. The project’s success, however, still depends on Israel’s gas export policy.

3 December 2012
Liquefaction

North China LNG plants lift December ex-works prices

LNG processing plants in north China raised ex-works prices of the super-cooled fuel by an average of 3.84% from the previous month, according to a Shandong province-based energy consultancy.

3 December 2012
Supply Contracts

Yamal LNG targets sales in both Atlantic and Asia Pacific

Yamal LNG is targeting sales in both the Atlantic and Asia Pacific, the latter via the Northern Sea Route (NSR) in the summer months, Christophe Malet, deputy director of marketing and shipping at Yamal LNG, has told Interfax.

30 November 2012
Supply Contracts

2012 marked ‘start of the end’ of oil indexation – Birol

International Energy Agency Chief Economist Fatih Birol has predicted that 2012 will have marked the beginning of the end of oil-linked gas pricing.

30 November 2012
Shipping & Transport

Chesapeake develops diesel-to-gas truck conversion kit

Chesapeake Energy subsidiary Peake Fuel Solutions has developed a diesel natural gas (DNG) conversion kit, which allows trucks to run either entirely on diesel, or on a mix of diesel and gas that can comprise up to 70% gas.

30 November 2012
Supply Contracts

Japan needs flexible and secure LNG supply

The drive for more Henry Hub-based pricing in Japanese LNG contracts may not guarantee importers cheaper LNG in the long run, but it at least ensures greater price diversity, a Mitsubishi executive told delegates at the CWC World LNG Summit in Barcelona on Thursday.

29 November 2012
Regasification

Lithuania LNG terminal on track for 2014 startup

Lithuania’s LNG import terminal is on course for startup at the end of 2014, the general manager of project operator Klaipedos Nafta told Interfax on Wednesday.

29 November 2012
Liquefaction

Asia looks hotter than Mexico for Peru’s LNG

Peru’s government has begun talks with Mexico to modify an LNG supply contract between the two countries.

28 November 2012
Supply Contracts

Kiev expects first LNG supplies at start of 2015 – Yanukovych

Kiev expects its first supplies of LNG at the beginning of 2015, Ukrainian President Viktor Yanukovych said during a presentation of Ukrainian projects in Doha, Qatar on Wednesday.

28 November 2012
Liquefaction

Price expectations, regulation may weaken Canadian LNG

Canada’s political stability and low domestic gas prices are a draw for investors in LNG exports, but mismatched price expectations between project developers and buyers – plus a new measure of regulatory uncertainty – may undermine the country’s advantages.

28 November 2012
Supply Contracts

Global LNG balance this decade driven by demand, not supply

Huge uncertainties over global LNG demand growth means demand, not supply, will drive changes in the global LNG balance over the next seven years, Christopher Goncalves, head of global gas and LNG at Berkeley Research Group, told delegates at the CWC World LNG Summit in Barcelona on Wednesday.

28 November 2012

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