Daily News

Daily News (16509)

Children categories

Australian Oil Co. and Xstate Resources, along with Indonesia-based Blue Sky Exploration and Production, have formed a joint venture to develop an LNG export project from a base in the US state of California.
Mitsui Osk Lines, one of Japan's largest LNG fleet operators, has signed another charter agreement to ship LNG from the US to Japan by transiting the expanded Panama Canal from 2017.
The Australian Ichthys LNG project being developed by Japanese energy company Inpex and France's Total is moving into a new phase of construction at the Blaydin Point site of the liquefaction plant near the northern port of Darwin.
Japanese classification society Nippon Kaiji Kyokai, known as ClassNK, is working on the industry's most modern small-scale LNG carrier that will transport LNG from Tokyo Bay to other parts of Japan and also make the fuel available for bunkering operations.
Woodside Petroleum, the Australian LNG operator, is going ahead with a natural gas project that will provide additional feed-gas for the Northwest Shelf LNG venture, the nation's oldest liquefaction plant.
The main Israeli company planning LNG projects offshore Israel and in Cyprus, while becoming a supplier of feed-gas to Egyptian liquefaction plants, posted higher profits and revealed the state of supply talks for its huge Leviathan gas field in the East Mediterranean.
Singapore LNG Corp., owner of the city state's import terminal, has borrowed over S$1 billion (US$770 million) from a syndicate of five banks to repay the government for development loans for the facility on Jurong Island.
Golar LNG of Norway is still pursuing the Ghana import project in West Africa and Floating ventures worldwide, including liquefaction, amid decreasing demand for spot LNG carrier charters for the Far East.
The Canadian province of British Columbia has issued environment permits for feed-gas pipelines for transmission ventures as well as a liquefaction plant to be operated by Petronas of Malaysia.
Hoegh LNG, the Norwegian LNG regasification project developer and fleet owner, posted a more than six-fold increase in quarterly losses as problems with a Floating Storage and Regasification Unit deployed in Indonesia knocked a hole in its earnings.