Indonesia and Japan will discuss LNG imports when Indonesias President
Susilo Bambang Yudhoyono visits Tokyo, with state-owned energy company
Pertamina planning to cut annual exports by as much as 60 percent when
some contracts expire in 2010.
Golar LNG, the shipping company with a midstream investment strategy,
reported increased operating income of $23.9 million for the third
quarter because of improved spot vessel earnings, but still posted a
net loss for the three months of $5.9M because of interest rate swaps.
Qatar Gas Transport Co. (Nakilat) said it signed a deal with the
shipping arm of Royal Dutch Shell for the management of Qatar's new LNG
carrier fleet.
BW Gas, the gas shipping company, posted record third-quarter earnings
before depreciation and disposals of $99.2 million as the LNG and LPG
segments significantly increased their operating profit.
Technip, the French engineering and construction firm, said more than
36,000 workers were currently mobilized for its liquefied natural gas
projects in Qatar and Yemen and the number was growing.
Enagas, the Spanish natural gas company and LNG terminals owner, said
it plans to build a new reception terminal at El Musel, near the city
of Gijón in northern Spain.
Gaz de France announced it formally brought into service the worlds
largest LNG carrier, which has been named the Provalys, and was built
in France at a cost of around $255 million.
UK natural gas prices plunged to between zero and 12 pence per therm as a new pipeline from Norway to the UK, Europes largest market, caused a temporary glut for a second day.
Technip, one of the world’s leading LNG project engineering companies, said Chairman and Chief Executive Daniel Valot would be stepping down early next year and the French company would be looking for a successor.
Genesis Energy and Contact Energy of New Zealand said they have selected Port Taranaki as the preferred site for the country's first liquefied natural gas import terminal.