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One of the world’s most experienced LNG operators, Woodside Petroleum of Australia, may pull out of a deal to invest $1.2 billion for a share of Israel’s huge Leviathan natural gas field and a planned LNG venture because of a court battle and government policies.
The South Korean government plans to overhaul its energy policy to reduce the nation's reliance on nuclear power, curb energy consumption and buy more LNG.
Woodside Petroleum's LNG revenues from the two LNG plants it operates in Western Australia, the Northwest Shelf Venture and Pluto LNG, declined in the third quarter by 14 percent and 36 percent respectively because of production problems.
SNC-Lavalin Inc., Canada's largest engineering company and with LNG experience, is looking to the nation's impending LNG export project boom to revive its fortunes.
The President of Chevron Canada, Jeff Lehrmann, said the US major's Kitimat LNG project is still a year or more away from a fine investment decision as it awaits long-term sales contracts with Asian buyers and the release of final tax plans by the provincial government of British Columbia.
The Australian developer of the US Magnolia LNG export project in Louisiana has applied to the US Department of Energy to export an additional 8 million tonnes per annum of LNG from the proposed plant in Lake Charles, Louisiana, potentially doubling the size of the venture.
Canada expects to export about 60 million tonnes of LNG annually by 2020, more than previously estimated, Canadian Minister of Natural Resources Joe Oliver told the 22nd World Energy Congress in Daegu, South Korea.
BG Group of the UK, one of the leading global LNG portfolio players, told the World Energy Congress in Daegu, South Korea, that the North American shale-gas revolution will have a limited impact on Asia-Pacific LNG markets and will not be repeated elsewhere despite huge reserves found in countries such…
DNV GL, the newly merged Norwegian Det Norske Veritas and Hamburg-based Germanischer Lloyd classification societies, has issued recommended practices on how LNG marine re-fuelling can be carried out in a safe and efficient manner and has also initiated an industry consultation period of six weeks.
Kinder Morgan, the largest US natural gas pipeline operator, said it was going ahead with a "liquefaction build-out" at two LNG terminals in Georgia and Mississippi as it seeks permits for non-Free Trade Agreement countries.