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Daily News (16509)

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The Australian government said the nation's LNG exports are forecast to increase by 45 per cent to 36 million tonnes in the fiscal year into 2016 and export values will rise by about 23 per cent to $20.7 billion, in line with the substantial increase in sales volumes.
Pieridae Energy, the developer of the Goldboro LNG project in the Canadian province of Nova Scotia, is continuing to make progress towards constructing the processing facility and now has a shareholder relationship with one of the biggest energy companies and refiners in Poland.
Origin Energy, the upstream partner in the Australia Pacific LNG project with ConocoPhillips and China's Sinopec, said it had taken steps to reduce exposure to low oil prices by purchasing put options on crude and forward selling LNG cargoes at a fixed price to reduce risk.
OLT Offshore LNG Toscana, the Italian import facility deployed offshore the Mediterranean coast,  will provide peak-shaving services for a third consecutive year using a cargo recently delivered by the 155,000 cubic metres capacity "GasLog Saratoga".
Chevron Corp. has signed a provisional agreement to supply liquefied natural gas cargoes from its Australian projects to a subsidiary of one of the largest Chinese state-owned power generation companies, China Huadian Group.
Royal Dutch Shell said that after satisfying the final pre-conditions for the $70-billion takeover of the UK liquefied natural gas portfolio player BG Group, final transaction documents will now be published and shareholder meetings covened at the end of January.
Chart Industries, the US liquefied natural gas equipment maker, said it took part in an LNG fueling project with Teck Resources, the Canadian mining company, by supplying fuel units for heavy-haul trucks.
Clean Energy Fuels Corp., the US developer of a liquefied natural gas fueling station network welcomed the passage by Congress of an alternative fuel tax credit that will continue to support the use of natural gas as a transportation fuel option.
The state of Alaska extended its cooperation agreement with a Japan-based consortium, Resources Energy Inc, to possibly develop natural gas resources and an LNG project at Cook Inlet in addition to the larger Alaska LNG venture on the Kenai Peninsula.
Royal Dutch Shell subsidiary, Shell Global Solutions, and Giprogazcenter, a design institute in Russia, were awarded the design contract for the third liquefaction Train at the Sakhalin Island LNG plant in the Russian Far East.