Gazprom, the Russian natural gas company and LNG industry player, has had its credit rating raised because it's so close to the government it would be likely to receive extraordinary state support in case of distress.
Tohoku Electric Power, the utility based in northeast Japan, said it
signed a contract to import LNG from the BP-led Tangguh project in
Indonesia.
Linklaters, the international law firm, said it advised Spains Repsol
and Canadian company Irving Oil in the just completed US$1.1 billion
financing round for the planned Canaport LNG project on the East Coast
of Canada.
Qatar Gas Transport Co. (Nakilat), the state-controlled liquefied
natural gas carrier company, said it plans to raise up to $4.3 billion
from various sources to fund the building of 16 LNG carriers.
Iberdrola, Spain's No. 2 energy company and one of Europes biggest LNG
buyers, said it has agreed to buy Scottish Power of the UK in a deal
worth 17.2 billion euros ($22.6Bln) to spread its customer reach in the
Atlantic Basin.
Malaysia Marine & Heavy Engineering (MMHE), a unit of Malaysia
International Shipping Corp. (MISC), said its Pasir Gudang shipyard now
has the capacity for LNG carrier drydocking and refurbishment.
Technip, Europe's leading LNG engineering firm, saw its shares drop
Monday after Italian energy company ENI said it wasnt planning to bid
for the French company.
Excelerate Energy, the US market leader in using specially adapted LNG carriers as import terminals, has chosen RWE, Germany's second-largest power company, to market the LNG Excelerate plans to import into the UK from January.
Technip, Europe's leading LNG engineering firm, saw its shares jump Friday amid speculation it could merge with Italian rivals Saipem and Snamprogetti to create a world leader in LNG plant and terminal construction.
Woodside Energy, the Australian liquefied natural gas producer, said it
has a taken stakes in nine exploration blocks in the Santos Basin off
southeastern Brazil.