Royal Dutch Shell has come up with a design for a floating LNG production unit with capacity for 3.5 million tonnes per annum when sited over any offshore gas field, and has also patented a system to reduce shutdowns at onshore LNG plants.
Chevron Corp. said it plans to develop a new Australian LNG project called Wheatstone LNG based on a 100 percent-owned natural gas discovery in addition to its other LNG asset developments in Australia, the North West Shelf LNG project and Gorgon LNG.
Maple LNG, the import project being developed in Nova Scotia by 4Gas of the Netherlands and partners, received their final environmental approval from the Canadian Federal Government.
Canadas National Energy Board said it rejected a portion of the pipeline route proposed by Brunswick Pipeline Co. to link the Canaport LNG terminal in St John, New Brunswick, to the international border with the US.
ExxonMobil, the main foreign partner in the worlds largest LNG production operation in Qatar, said it expected to start up multiple projects over the next three years across the full value chain of the LNG business and would spend $125 billion in major energy projects including LNG.
ICA Fluor, the engineering arm of Fluor Corp., said it was awarded a $100 million contract from Sempra Energy to build a nitrogen injection plant and power generation facility inside the new Costa Azul LNG import terminal on Mexico's Pacific coast.
The Sound Energy Solutions LNG import project proposed for the Port of Long Beach in California by US major ConocoPhillips and Japans Mitsubishi Corp. has suffered what appears to be a final setback.
A group of companies including Golar LNG signed a $590 million contract with Italian contractor Saipem to complete an LNG import terminal offshore the west coast of Italy using a regasification and storage ship as the basic infrastructure.
Sonatrach of Algeria and Norways StatoilHydro, the Atlantic Basin LNG producers, signed an agreement forming a partnership to send LNG cargoes to the Cove Point receiving terminal in the US East Coast state of Maryland.
Japan bought 5.95 million tonnes of LNG last month through sales and purchase agreements and on the spot market and paid an average price of $537 per tonne compared with $368 per tonne in January 2007.