Liquids shield Ichthys LNG from oil slump
Inpex’s Ichthys LNG plant is proceeding on schedule and is in a strong position to bear the Australian industry’s downturn. However, it is still at risk from cost increases and delays.
18 December 2014
Conoco’s hopes for Poseidon discovery
ConocoPhillips is looking to expand its Darwin LNG plant following successful exploration in northwest Australia. But high costs and low oil prices will likely slow development.
17 December 2014
Woodside sees blue skies ahead with Wheatstone, Kitimat deal
Woodside has secured the growth potential it needs with the acquisition of stakes in the Wheatstone and Kitimat LNG projects, while pausing Browse FLNG in the hope costs will decline.
16 December 2014Apache LNG assets boost Woodside’s project portfolio
Woodside Energy has added two LNG projects to its portfolio, with a deal to buy Apache’s minority stakes in the Western Australian Wheatstone and western Canadian Kitimat plants.
15 December 2014Thai imports slip despite stronger Myanmar deliveries
Thailand’s gas imports slipped in October despite stronger deliveries from Myanmar because of the Zawtika field
15 December 2014Bangkok bullish on LNG despite demand dip
The start of Thailand’s long-term LNG supply deal next year will push the country’s imports up, supported by low spot prices and a gradual economic pickup.
11 December 2014LNG exporters beware: China keen on more Russian gas
Despite China’s already diverse portfolio of gas supplies, there is appealing political and commercial logic behind the proposed Altai pipeline from western Russia, according to a report from the Oxford Institute for Energy Studies.
9 December 2014
Indian price hike will fail to kickstart power plants
India’s long-awaited gas price revision has not raised the price high enough to encourage new domestic production or make LNG prices more competitive, according to Goldman Sachs.
4 December 2014Indonesian gas exports go up, but prices go down
The price of Indonesian gas exports fell to an average of $650.9 per ton in October, down by 2.6% from the previous month and by 20.4% compared with the average last February – when the price hit its highest level over the 22-month period of $817.5/t – according to the latest data from Statistics Indonesia.
2 December 2014Confidence builds in Jordan Cove, but oil looms large
The Jordan Cove LNG project on the US west coast has gained traction, although the global oil price decline has cut into the country’s competitive edge.
1 December 2014Australia’s energy resource picture in 2012-2013
Australia’s energy resource picture in 2012-2013
28 November 2014Woodside OKs $1.2 bln North West Shelf field development
The Woodside Energy-led North West Shelf joint venture has approved the $1.2 billion development of the Persephone field, a day after the operator agreed to supply 15% of its LNG output to the local Western Australian market.
27 November 2014GLNG commissioning cargoes on sale as startup nears
Santos has already sold more than a dozen commissioning cargoes from its Gladstone LNG plant in Queensland and expects to begin shipping them in the latter part of 2015, followed by the start of long-term deliveries in 2016, executives say.
27 November 2014
Abadi FLNG grows less appealing in an $80/bbl world
The economics of a small FLNG plant in Indonesia’s large Abadi field are looking less attractive amid low oil prices.
25 November 2014Pertamina’s LNG imports will depend on price
Pertamina is turning its attention from LNG exports to the growing Indonesian need for gas, which the state-run group hopes to fill with a combination of domestic supply, imports and improved infrastructure.
24 November 2014Samsung set to build Malaysia’s second LNG terminal
Petronas is pushing ahead with plans for a second LNG terminal, awarding the EPC contract for what will be part of a multibillion-dollar petrochemical complex designed to help fill Malaysia’s growing energy demand.
24 November 2014LNG merchants see opportunity in buyer demands
The rising number of merchant LNG players will play a key role in helping buyers secure gas in the US and introduce the flexibility and diversification they want, speakers at CWC’s World LNG Summit say.
20 November 2014
Possible pipeline renaissance looms for Gazprom
Gazprom’s plans to boost LNG capacity are being buffeted by sanctions, but its rivals’ plans to do likewise are also looking questionable and the gas giant has other opportunities.
20 November 2014Oil can be a fickle mistress – CWC speakers
Oil prices are volatile, but LNG developers must focus on long-term views, speakers said at the World LNG Summit in Paris.
19 November 2014
Oil slump may weigh on CBM-to-LNG as startups approach
The oil price decline may slow the rate of return for Queensland’s three CBM-to-LNG plants as they prepare to start up.
18 November 2014About 976 article(s) for Sara Stefanini