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Petronet LNG, the largest Indian importer, plans to hold an international competitive bidding process for tender qualification for a lump-sum engineering, procurement and construction contract to set up an LNG terminal at Gangavaram in the state of Andhra Pradesh in eastern India.
South Hook Gas Co., operator of the UK import terminal in Milford Haven, said it cemented its position as the UK's largest LNG terminal shipper with the arrival of its 300th cargo.
Freeport LNG of Texas has become the second export project to be licensed by the Department of Energy to deliver cargoes to countries such as Japan and China that do not have Free Trade Agreements with the US.
Tennessee Gas Pipeline Co. a unit of US transmission giant Kinder Morgan, has signed a binding 20-year transportation agreement with Mitsubishi Corp. to ship feed-gas to the US Cameron LNG export plant in Louisiana in which the Japanese company has a stake.
Royal Dutch Shell has again declared "force majeure" on feed-gas supply to the troubled Nigeria LNG plant at Bonny Island, disrupting plans to deliver more spot cargoes to Asia.
Sempra Energy, the California-based LNG player, has come up with a full $10 billion US export plant joint venture deal for the Cameron facility at Hackberry in Louisiana with the previous provisional liquefaction tolling agreement signatories from Japan and France.
Wood Mackenzie, the energy consultants, expect Australian resource sector investments to begin to peak in 2013 at US$85 billion, dominated by LNG spending.
Mitsui OSK Lines, the Japanese shipping group, said it concluded a long-term carrier contract to deliver LNG to Japan for utilities Osaka Gas Co. and Kyushu Electric Power Co. with a newbuild vessel.
More LNG carriers are expected to come to Damen Shiprepair yard in the port of Brest in northwest France for maintenance after a labour agreement was negotiated to ban a French tradition - the two-hour lunch break.
Det Norske Veritas Chief Executive Henrik O. Madsen said that amid financial uncertainty and rapid technological change the Norwegian classification society saw the offshore industry and LNG shipping stand out as two of the few segments that are performing well.