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Liquefaction

Shell, Kinder Morgan plan to export LNG from US

Supermajor Royal Dutch Shell and pipeline giant Kinder Morgan announced on Monday they will form a company to export LNG from Georgia.

29 January 2013
Liquefaction

PNG LNG partners begin exploration to expand capacity

ExxonMobil’s PNG LNG development in Papua New Guinea is 70% complete and studies on the potential for adding a third liquefaction train are underway, Australian joint venture partner Oil Search said in a quarterly report published on Tuesday.

29 January 2013
Regasification

Israel FLNG vessel starts-up

Israel’s first floating LNG (FLNG) regasification ship began operations on Saturday, bringing some relief to the country’s overstretched domestic electricity network.

28 January 2013
Liquefaction

Under quarantine: Chevron’s Gorgon LNG development

Chevron’s massive Gorgon LNG project is unique because of the hefty environmental restrictions it must follow in order to build an export plant on the tightly protected Barrow Island.

25 January 2013
Liquefaction

Pechora LNG eyes foreign investors

Pechora LNG is considering bringing foreign oil and gas companies into its project in the Nenets Autonomous District, Chief Executive Maxim Barsky said on Friday.

25 January 2013
Regasification

The problems facing Egyptian LNG import plans

Domestic gas demand in Egypt is rising fast, but LNG imports may not be the panacea the government hopes them to be.

25 January 2013
Liquefaction

Southwest China idles half of LNG production capacity

Half of southwest China’s natural gas liquefaction capacity has been idle since the start of this week because of a limited supply of feedstock gas, according to data from an energy consultancy.

25 January 2013
Regasification

Welcome to $20/MMBtu LNG

LNG demand spurred by a cold winter in Asia and a dry summer in Latin America has pushed the prices of spot deals to record highs that the countries may be unable to avoid.

25 January 2013
Supply Contracts

Asian LNG market now more flexible

The advent of North American LNG gives Asian buyers the option of more flexible – and potentially cheaper – supply contracts; and Singapore’s emergence as an LNG trading hub in the region will further encourage those changes, Singaporean Senior Minister of State Lee Yi Shyan said at a conference on Thursday.

24 January 2013
Liquefaction

InterOil to close bidding period for Gulf LNG development in PNG on 28 Feb

InterOil will close the final, binding bidding period on 28 February for companies interested in operating its Gulf LNG development in Papua New Guinea, the Texan company said in a statement on Thursday.

24 January 2013
Liquefaction

BC LNG hit with cost creep, delays

BC LNG’s Douglas Channel project will cost more than anticipated and come onstream at least a year behind schedule, but the project’s small size does confer some advantages over larger proposals in western Canada.

24 January 2013
Shipping & Transport

LNG as a bunker fuel – far from plain sailing

European shippers will soon be forced to reduce emissions in parts of the Baltic Sea, North Sea and English Channel, but will LNG be the first port of call for companies looking to clean up their acts?

23 January 2013
Supply Contracts

Cross-basin competition intensifies as demand surges

Traders attempting to secure cargoes delivered to Asian terminals are believed to be bidding in the region of $19 per million Btu (MMBtu) with below-average temperatures supporting gas consumption.

23 January 2013
Supply Contracts

LNG market faces supply crunch as new terminals come online

The commissioning of new LNG regasification capacity in 2013 is set to tighten the global market.

23 January 2013
Regasification

Medgas import facility construction delayed

The construction of Italy’s proposed Medgas import facility has been delayed until 2014 as operator’s Iride and Sorgenia have to wait for further approval from the country’s port authority.

23 January 2013
Regasification

China pays $1 billion for December LNG imports

China’s LNG imports ended on a high note last year, with December imports soaring to a record 1.83 million tons (mt) at a cost of more than $1 billion, according to data released on Monday by the General Administration of Customs.

22 January 2013
Supply Contracts

South America’s questionable LNG procurement strategy

South America’s LNG buyers have been forced to pay premium rates for cargoes because of a reluctance to sign long-term supply deals.

22 January 2013
Liquefaction

North America’s potential LNG export projects rise to 21

Magnolia LNG, a subsidiary of Australian company LNG Ltd., has said it plans to build a $2.2 billion liquefaction plant at the Port of Lake Charles, an industrial port based in the city of Lake Charle

22 January 2013
Regasification

Anadarko awards Bechtel with contract for proposed Mozambique LNG plant

Anadarko Petroleum has awarded Bechtel with the front-end engineering and design contract for the company’s proposed LNG plant in Mozambique.

22 January 2013
Liquefaction

Industry hits back at LNG export opponents

The oil and gas industry has been bolsering its campaign for additional LNG exports to non-free trade agreement countries, following heightened rhetoric from opponents of large-scale exports.

18 January 2013

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