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Supply Contracts

ChelPipe to supply Yamal LNG

ChelPipe has signed a contract to supply casing pipe for Yamal LNG, the company said in a statement on Wednesday.

8 August 2012
Regasification

China’s imported LNG stockpiles spike amid subdued demand

China’s top LNG importers are witnessing bloated inventories this summer as a national economic slowdown and growing competition from cheap pipeline gas lowers demand for the high-cost fuel.

7 August 2012
Liquefaction

Tepco takes 1.46 of spot cargoes in Q1 2012

Tokyo Electric Power Co. (Tepco) imported 1.46 million tons (mt) of spot and short-term LNG in the first quarter (Q1) of the Japanese financial year, as ongoing nuclear outages left it almost entirely dependent on thermal feedstocks.

7 August 2012
Liquefaction

Statoil, Total to continue talks over Shtokman stake transfer

Norway's Statoil transferred its 24% stake in Shtokman Development AG (SDAG) to its main shareholder, Gazprom at the end of July, a source told Interfax.

7 August 2012
Liquefaction

Shaanxi set to become China’s largest LNG producer

Central China’s Shaanxi province will boost gas liquefaction capacity to a national record of 5 million cubic metres per day (MMcm/d) once a new LNG plant starts up at the end of this month, a consultancy told Interfax on Monday.

6 August 2012
Shipping & Transport

German JV looks to develop LNG port infrastructure

The Linde Group and Marquard & Bahls have formed a joint venture to develop LNG infrastructure in northwest European ports to supply the fuel to ships, the companies said in a statement on Monday.

6 August 2012
Supply Contracts

GDF Suez to supply Kogas with 1.6 mt of LNG between 2013-14

GDF Suez has signed a second medium-term agreement to supply South Korea’s Kogas with 24 cargoes, or around 1.6 mt, of LNG between 2013 and 2014, GDF said on Monday.

6 August 2012
Liquefaction

Guangxi to build $473 million gas liquefaction project

Privately owned Guangxi Ruichuan Gas Investment will spend RMB 3 billion ($473.03 million) to build a gas liquefaction plant in south China’s Guangxi Zhuang Autonomous Region, local media reported on Wednesday.

3 August 2012
Liquefaction

Fisherman’s Landing LNG project flies under the radar

LNG Ltd. is hoping to avoid the cost blowouts of neighbouring LNG developers in Queensland for its Fisherman’s Landing project by offering tolling services to gas producers wanting to export Australian gas to Asia.

2 August 2012
Liquefaction

Aussie LNG under threat from East Africa

East African LNG prospects are a threat to Australian LNG projects that have yet to reach the final investment stage, Ernst & Young has said according to Mining Weekly on Thursday.

2 August 2012
Liquefaction

Shengli to form JVs for gas projects in Jiangxi

Shandong Shengli has signed a framework agreement with state-owned Jiangxi Provincial Natural Gas to jointly build gas projects in Jiangxi province, Shengli announced on Monday.

2 August 2012
Regasification

CNOOC breaks ground on gas projects in coastal China

China National Offshore Oil Corp. (CNOOC) plans to invest RMB 4.88 billion ($765.81 million) on expanding an LNG import terminal and building two gas pipelines in coastal Fujian province, the local government said on Monday.

1 August 2012
Liquefaction

Shell throws in hat for Freeport LNG export deal

Texas-based Freeport LNG Development, which has signed a contract to supply 2.2 million tons per annum (mtpa) apiece to Japanese utilities Chubu Electric Power and Osaka Gas, said on Tuesday that it was in advanced talks with Royal Dutch Shell for a similar export deal.

1 August 2012
Liquefaction

Anadarko prepared to go it alone with LNG development

Anadarko is prepared to go it alone in developing the blockbuster gas finds offshore Mozambique if the right deal with a farm-out partner does not present itself.

1 August 2012
Liquefaction

Anadarko ups 2012 gas guidance but makes Q2 loss

Impairment charges dragged down United States independent Anadarko’s second-quarter 2012 results, but the company has lifted its 2012 full-year production forecast by over 8,000 barrels of oil equivalent per day (boe/d), with higher expected gas volumes more than offsetting a reduction in projected oil output.

1 August 2012
Liquefaction

US global LNG impact set to grow as Cheniere announces FID

US-based Cheniere Energy’s announcement on Monday that it has reached a final investment decision for the first two trains of its 18 million ton per annum (mtpa) Sabine Pass liquefaction facility is set to have a large impact on both global LNG and US domestic markets.

1 August 2012
Supply Contracts

Chubu, Osaka sign up for US LNG

Japanese utilities Chubu Electric Power and Osaka Gas have signed off on a binding agreement to buy 2.2 million tons per annum apiece from the planned floating Freeport LNG plant in Texas, the buyers announced on Tuesday.

31 July 2012
Liquefaction

Gorgon LNG project is 45% complete

Chevron’s Gorgon LNG project in Western Australia is more than 45% complete, after the company upgraded the nameplate capacity for the three trains to a combined by 4% to 15.6 mtpa, Chief Executive George Kirkland said during a conference call on Friday.

31 July 2012
Shipping & Transport

Gazprom considering selling LNG by rail or truck to China

Gazprom is considering selling LNG by rail or truck from the Kovykta gas condensate field to China, as well as large export volumes via pipeline.

31 July 2012
Liquefaction

Renewables could eventually take gas share

As swelling anti-nuclear sentiment threatens to keep reactors offline and utilities hooked on expensive fuel imports, renewables are gaining greater traction.

31 July 2012

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