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UK major BP said it was probably involved in a sufficient number of LNG projects for now and would be concentrating on other energy developments apart from the liquefaction ventures it is already committed to such as the expansion of the Tangguh plant in Indonesia.
The BG Group-led Queensland Curtis coal-seam-gas-to-LNG project in Australia is currently employing almost 9,000 people and investment in the venture was now around A$11.4 billion ($US11.9Bln).
Dutch small-scale LNG tanker owner, Anthony Veder, will see its latest vessel, the 15,600 cubic metres capacity "Coral Energy", named by Princess Maxima of the Netherlands in a ceremony at the Cruise Terminal in central Rotterdam on December 7.
The Indonesian government plans to share in the sale of 32 additional cargoes from the BP-operated Tangguh LNG plant in 2013 and supply domestic customers with 10 cargoes, much less than originally planned under revised offtake agreements at the facility in West Papua.
LNG Ltd., the developer of the fifth Australian coal-seam-gas-to-LNG project with the backing of PetroChina, said it was granted a 12-month extension in the term of its site lease agreement with the Port of Gladstone.
Woodside Petroleum, the leading Australian LNG operator with, has signed a $US1.25 billion agreement to acquire a 30 per cent stake in the Leviathan natural gas discovery offshore Israel where LNG projects are being planned.
Japan Petroleum Exploration Co plans to build a new LNG import terminal at Soma port, north of Tokyo and a pipeline to connect to its existing network as the country builds up its import infrastructure to make up the nuclear generating deficit.
China National Offshore Oil Corp. is set to order 14 small LNG carriers ranging from 10,000 to 30,000 cubic metres capacity to help balance its imported supplies.nationwide.
Free ReadPangea LNG Holdings, a company headed by the best-known woman executive in the industry, Kathleen Eisbrenner, and which is involved in a Floating LNG project offshore Israel, said it had also begun the process of seeking approvals for an LNG liquefaction plant at Corpus Christi Bay on the Gulf coast of…
Hoegh LNG has turned a net quarterly profit compared with a loss posted in the same three months a year ago as it builds up its list of floating storage and regasification projects in countries such as Indonesia, Chile and Lithuania.