The Petronas-led Pacific NorthWest LNG project in the Canadian province of British Columbia, while declining to make a final investment decision for now, has signed an agreement for 25 years of property taxation paid to Port Edward near where the liquefaction plant will be located on Lelu Island.
The US Coast Guard and US Maritime Administration have issued a draft environmental impact statement for the proposed Port Ambrose LNG import facility offshore Long Island and serving the New York and New Jersey natural gas markets.
North Sea Brent crude oil at $60 a barrel or lower means oil-linked LNG supplies are heading almost below contracts priced at the US benchmark Henry Hub when liquefaction and shipping costs to Asia are added.
Apache Corp. has agreed to sell its interests in two LNG projects, the Wheatstone venture in Western Australia and the planned Kitimat plant in Canada, along with accompanying upstream feed-gas reserves, to Woodside Petroleum for a price of $2.75 billion.
Amec Foster Wheeler, the recently combined LNG and energy project construction company, has further expanded its offering by acquiring a survey data business for pipelines and oil and natural gas infrastructure.
Tokyo Gas, the third-largest Japanese LNG importer and with supply contracts with Australian, US and other plants worldwide, plans to develop import facilities in other Southeast Asian nations to fuel factories and industrial areas.
Cheniere Energy, developer of the Sabine Pass and Corpus Christi LNG export projects on the US Gulf Coast, has engaged 18 financial institutions to act as joint lead arrangers for $11.5 billion in loans.
The Premier of the Canadian LNG province of British Columbia has pitched New York bankers on supplying capital for liquefaction and exports projects.
Saipem, the Italian LNG and energy engineering company and builder of one of the world's newest liquefaction Trains, has seen its future put on hold by its parent company, Italy's oil and gas major Eni, because of the oil price plunge and Russia's cancellation of the South Stream project.
InterOil Corp., the New York-listed company developing a second LNG project for Papua New Guinea, has made a new natural gas discovery near one of Asia's largest undeveloped gas fields, the Elk-Antelope licence, in the Oceania nation.