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Friday, 17 August 2012
Arrow Energy, owned by Royal Shell and PetroChina, awarded a preliminary engineering design contract to Australian engineering company WorleyParsons for about 1,150 kilometres of gas pipelines for its coal-seam-gas-to-LNG project in Queensland.
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Friday, 17 August 2012
Japan is likely to import about 5.5 million tonnes more of LNG during 2012 compared with last year's record imports as gas-fired power continues to replace nuclear capacity.
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Friday, 17 August 2012
Santos, the Australian LNG player, announced the impending first commercial production from a shale-gas well in Australia as it reported first-half net profit of $262 million and said its two LNG projects in Papua New Guinea and Queensland were on schedule.
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Thursday, 16 August 2012
Malaysia International Shipping Corp., the owner of 27 LNG carriers, posted a profit in the last quarter after two consecutive quarterly losses as its LNG business offset losses from other shipping sectors.
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Thursday, 16 August 2012
Teekay Shipping Australia and Kotug International of The Netherlands have set up a joint venture company pursue new business in the growing LNG marine market.
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Thursday, 16 August 2012
SBM Offshore said 2012 half-year results were in line with expectations as it secured important orders such as supplying the Australian Ichthys LNG project turret equipment, which helped bring the order backlog at the end of the first half to over $16 billion.
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Thursday, 16 August 2012
BOC, the UK supplier of compressed and liquefied gases, has launched an LNG business that will see a fleet of branded LNG truck tankers taking to UK roads in the next few weeks for deliveries to trucking companies.
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Wednesday, 15 August 2012
Free ReadChina Petrochemical Corp., known as Sinopec, said it would begin construction at the end of this month of its Beihai LNG import terminal in the southwest Chinese province of Guangxi bordering Vietnam, and completion of the facility is scheduled for September 2015.Engineering, procurement and construction is being carried out by Luoyang…
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Wednesday, 15 August 2012
The Canadian Kitimat LNG export project led by Apache Corp. of the US has underpinned its long-term prospects by making one of the world's largest shale-gas discoveries in north-east British Columbia and expects to ship cargoes to Asia by 2017, a year behind schedule.
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Wednesday, 15 August 2012
US LNG exports will have a greater impact on global natural gas markets than on domestic prices as the shale-gas surplus is directed to Asia and even Europe, according to a new study
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