Venture Global LNG, a US development company, has announced an offer of 5 million tonnes per annum of liquefaction tolling capacity and/or LNG supply from its facility planned in Cameron Parish, Louisiana.
Natural gas prices at Northeast US prompt delivery points in New England and New York rose to almost $40 per million British thermal units, more than double the LNG delivered cargo price for Japan.
The Delek Group of Israel said negotiations are continuing with Australian LNG operator Woodside Petroleum for the sale of a joint venture stake in the Leviathan natural gas field and project offshore Israel that will have as its focus a Floating LNG venture.
Tokyo Electric Power Co., the largest Japanese LNG buyer, aims to increase its annual purchases from 25 million tonnes per annum up to about 40 MTPA and will seek more procurement joint ventures.
Oregon LNG has accepted a three-month stay agreement between the company and the Department of Land Conservation and Development of the state of Oregon with respect to an application for coastal zone management.
Kitsault Energy has applied to Canadian federal regulators to export 20 million tonnes of LNG per annum from an abandoned mining town on Canada's West Coast.
Royal Dutch Shell is preparing to offer for sale more than $20 billion of assets early in 2014, including its stake in Australia's largest LNG operator, Woodside Petroleum, to help offset weaker margins and oil theft in Nigeria, according to investment bank analysts.
Japan's Sumitomo Corp. has signed an LNG feed-gas deal with a US energy company to align its liquefaction tolling agreement at the Dominion Cove Point LNG export project in the state of Maryland with supplies from the Marcellus Shale from 2017.
Japanese LNG imports last month rose 8.3 percent compared with a year ago, though the total of the nation's annual imports is on track to be slightly less than in 2012 because of a number of factors.
IFM Investors, an Australian equity fund with US$45 billion in assets, said it would be investing in the Freeport LNG export project in Texas being developed by American billionaire Michael Smith and ConocoPhillips and specifically in the liquefaction Train agreement of the UK energy major BP.