LNG

The two largest Japanese LNG importers, Tokyo Electric Power Co. and Chubu Electric have signed their long-awaited joint venture agreement dealing with the entire energy supply chain, including LNG procurement and registering existing contracts under a new company.

BG Group, the global LNG portfolio player, said former Chief Executive of Norway's Statoil Helge Lund, had formally started work as the CEO of the UK company on February 9, a month earlier than originally scheduled amid the exceptional financial measures being taken by global energy companies to cope with…

Santos, the Australian energy company and liquefied natural gas player, is seeking a buyer for the pipeline to serve the Gladstone coal-seam-gas-to-LNG project when it comes on stream in about four months.

WorleyParsons, the Australia-based global energy and LNG engineers, won a contract for the Canadian Steelhead LNG plant to be developed in Sarita Bay on Vancouver Island by a native North American First Nation tribe.