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Liquefaction

Japanese firms sign up to US LNG export project

Mitsui and Mitsubishi have signed on to help develop and build a proposed 12 million ton per year LNG export plant in Louisiana.

18 April 2012
Supply Contracts

Chubu Electric adds to portfolio with Wheatstone LNG

Chevron has signed a non-binding heads of agreement with Japanese firm Chubu Electric to provide the utility with LNG from its Wheatstone project in Western Australia, Chevron said on Tuesday.

18 April 2012
Regasification

GDF signs on to study FSRU feasibility in eastern India

GDF Suez on Tuesday partnered with India’s government-run Gail and the state of Andhra Pradesh to evaluate the possibility of building an offshore LNG receiving terminal, in the hopes of bringing imports into the industrial state in 2014.

17 April 2012
Regasification

Indonesia's first FSRU to begin operations in May

Indonesia’s first floating, storage and regasification unit (FSRU) is expected to begin operating in May, once it arrives at Jakarta Bay from the Jurong shipyard in Singapore, state-run Pertamina announced last week.

17 April 2012
Shipping & Transport

Boskalis to develop gas export pipeline in Northern Territory

Saipem has awarded Royal Boskalis Westminster a €200 million ($262 million) contract for the development of a gas export pipeline at the Ichthys LNG site in Darwin, Northern Territory, according to Dredging News Online on Tuesday.

17 April 2012
Shipping & Transport

FERC approves LNG export facilities at Sabine Pass

The United States Federal Energy Regulatory Commission (FERC) approved a proposal by Cheniere Energy’s Sabine Pass subsidiaries to site, build and operate LNG export facilities at the existing Sabine Pass import terminal in Cameron Parish, Louisiana on Monday.

17 April 2012
Liquefaction

InterOil would sell PNG gas to Exxon, if asked

While InterOil is holding firm to its plan for the Gulf LNG plant in Papua New Guinea, the Texan company would be willing to supply ExxonMobil with gas for its own PNG LNG development, an InterOil vice-president said at a conference in New York on Monday.

17 April 2012
Liquefaction

Japan LNG consumption hits record in 2011

Japan’s 10 largest utilities bought 26% more LNG during the 2011 fiscal year, according to data released by the Federation of Electric Power Companies (FEPC) on Monday.

16 April 2012
Supply Contracts

Korean LNG imports down in March

Korean LNG imports were down 9.15% in March 2012, according to figures released by the Korea Customs Service (KCS) on Monday.

16 April 2012
Liquefaction

FERC set to vote on Cheniere's plant application

The United States Federal Energy Regulatory Commission (FERC) has scheduled a decision over Cheniere Energy’s application for a liquefaction plant at the Sabine Pass import terminal for 19 April.

16 April 2012
Supply Contracts

Down but not out: the impact of LNG plant maintenance

Traders and energy journalists are often excited by reports of planned maintenance on Qatar’s LNG plants, but is this an over-reaction?

13 April 2012
Supply Contracts

Expressions of interest received for Tassie Shoal LNG

MEO Australia has completed initial discussions with a number of “major industry participants” over the commercialisation of its Tassie Shoal LNG and methanol projects, Melbourne-based company said on Thursday.

13 April 2012
Shipping & Transport

Mubadala makes $1.14 billion loss in 2011

Mubadala, the Abu Dhabi government investment company which recently announced plans to build a floating LNG import terminal off the coast of Fujairah, made a $1.14 billion loss in 2011 as declining financial and real estate markets led to big write-downs, the Financial Times reported on Friday.

13 April 2012
Liquefaction

Arrow LNG environmental study up for review

Queensland will put its environmental impact statement for the Royal Dutch Shell-PetroChina Arrow LNG project up for public consultation, seeking comments on what could become the fourth CBM-to-LNG development on Curtis Island.

13 April 2012
Liquefaction

Asian consortium, Shell in talks to develop liquefaction plant

With Asian customers forced to pay record LNG prices, a consortium of Asian companies have entered into talks with Royal Dutch Shell to jointly develop a liquefaction plant in Western Canada, sourcing gas from their shale assets, The Nikkei reported on Thursday.

13 April 2012
Liquefaction

Browse delay gives Woodside time to find new stakeholder

The federal and Western Australian (WA) governments’ approval of Woodside Petroleum’s request to delay the Browse LNG Development’s final investment decision (FID) will make it easier for the operator to sell part of its stake, but the project and its operator are still hampered by high costs and land issues.

11 April 2012
Liquefaction

Overhauled Shtokman could mean more LNG

Gazprom may drop plans to pipe gas from the Shtokman field in the Barents Sea, focusing instead on producing LNG, Gazprom deputy chief executive, Alexander Medvedev said on Saturday.

10 April 2012
Liquefaction

Australia OKs Browse LNG delay

The federal and Western Australian (WA) governments have approved Woodside Petroleum’s request for up to another year to make final investment decision (FID) on the Browse LNG Development, giving the company and its partners more time complete the “necessary assurance activities”, Woodside said on Tuesday.

10 April 2012
Supply Contracts

Australian LNG exports to Asia Pacific no threat, says Gazprom

Gazprom is confident about its LNG position in the Asia Pacific market and does not consider prospective Australian LNG exports to be in direct competition, the company’s head of eastern projects, Viktor Timoshilov, told journalists.

10 April 2012
Liquefaction

Australia’s LNG projects will need foreign workers

A deal announced last week to make it easier for skilled US workers to fill jobs in Australia will help the country quell a looming labour shortage, which is expected to peak as construction on a number of LNG projects on both coasts gets underway this year.

10 April 2012

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