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Supply Contracts

East Asian LNG buyers under scrutiny

The commitment of East Asian LNG consumers to oil-linked Aussie LNG is concerning project backers, as buyers face pressure to reduce their import bills by diversifying away from oil-linked contracts.

29 May 2013
Regasification

PDVSA will continue talks with Chevron

Venezuelan state-controlled company PDVSA has said it will continue talks with United States supermajor Chevron in June over a plan for the gas-rich offshore Plataforma Deltana area, which has enough reserves for a liquefaction plant.

29 May 2013
Regasification

Pertamina to begin Arun LNG imports in October 2014

Indonesia’s state-owned Pertamina aims to begin domestic gas deliveries from the Arun LNG terminal by the end of October 2014, although the plan to convert the existing liquefaction plant still hinges on land acquisition agreements with the local communities, Interfax understands.

29 May 2013
Liquefaction

Inpex, Shell buy partner’s stake in Abadi FLNG

EMP Energi Indonesia has sold its 10% share in the offshore Masela Block and Abadi FLNG project to Japanese operator Inpex and Shell, Inpex announced on Wednesday.

29 May 2013
Liquefaction

Australia pressed on LNG competitiveness

Energy leaders from the public and private sector have stressed the need for Australia to close the cost gap with its emerging LNG competitors.

28 May 2013
Supply Contracts

China ‘intensely interested’ in US LNG exports

The effects of the United States shale gas revolution are being felt as far away as China, where officials are hopeful growing supplies could help weaken prices.

28 May 2013
Liquefaction

Shell reiterates $30bln commitment to Australia

Shell has reiterated plans to invest $30 billion in Australia over the coming five years, with Chief Executive Peter Voser telling delegates at the APPEA conference in Brisbane on Monday that Australia remains a key part of Shell’s growth strategy despite the country’s spiraling development costs.

27 May 2013
Liquefaction

Health check for Aussie gas industry

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.

24 May 2013
Liquefaction

Qatar Liquefied Gas Co. shuts LNG plant for maintenance

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

24 May 2013
Supply Contracts

Kogas and BG Group awarded North West Shelf cargoes

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

24 May 2013
Liquefaction

InterOil chooses Exxon as potential PNG partner

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.

24 May 2013
Regasification

LNG and pipeline vie to lead China gas imports

China is importing more gas by pipeline than by sea for the first time, but new supply sources and regasification infrastructure may swing the competition back in LNG’s favour.

23 May 2013
Liquefaction

Export rights ban no barrier to Yamal LNG

Management at Yamal LNG, the Arctic project most likely to threaten Gazprom’s export monopoly, say it will not have to win export rights to market LNG abroad, contradicting earlier comments from par

22 May 2013
Shipping & Transport

Taipower cool on gas switch for nuclear plant

Squeezed by rigid power tariffs and fuel costs for imported gas, Taipower is hoping it will not lose its much-maligned Longmen nuclear power plant.

22 May 2013
Supply Contracts

BP delivers gas to UK’s Isle of Grain

BP will make its first delivery to the UK in more than two years on 30 May, when the LNG Jupiter arrives at the Isle of Grain regasification terminal.

22 May 2013
Supply Contracts

Spanish reloads set for Latin America arrival

Two cargoes that lifted volumes from Spain will arrive in Latin America this week.

22 May 2013
Supply Contracts

Mexico secures long-term LNG supply

Mexico’s state-controlled power company Comisión Federal de Electricidad (CFE) needs just two more cargoes to secure all its LNG capacity until the end of 2014, after awarding nine extra shipments of the fuel last Friday.

22 May 2013
Supply Contracts

Henry Hub exports only competitive under $6.60/MMBtu

United States LNG exports are only competitive against Asian oil-indexed contracts at under $6.60/MMBtu, Goldman Sachs said on Monday.

22 May 2013
Supply Contracts

North West Shelf tender attracts Far Eastern buyers

Woodside Petroleum’s supply tender for two cargoes from its North West Shelf plant is attracting attention from Far Eastern buyers, sources have told Interfax.

22 May 2013
Liquefaction

Moniz expresses LNG export concerns

New United States Energy Secretary Ernest Moniz, sworn into office on Tuesday, expressed concern over future approvals for US companies to export LNG.

22 May 2013

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