Purchases of LNG by the 10 Japanese power utilities increased by almost 12 percent in July compared with the same month a year ago as natural gas, coal and oil made up the nuclear power generating deficit.
Hawaii may soon have LNG imports as a company has applied to the Federal Energy Regulatory Commission to bring the fuel into the island by unconventional means for small-scale operations.
Cheniere Energy issued a full notice to proceed to US energy engineering company Bechtel to construct the first two liquefaction Trains for the Sabine Pass liquefaction plant in Louisiana to export US LNG.
Chart Industries, the US LNG liquefaction and storage equipment maker, said it continued to experience strong order intake as second-quarter operating income soared 54 percent from a year ago.
The Freeport US LNG export project on the Gulf coast signed 20-year liquefaction tolling agreements with Japanese utilities Osaka Gas and Chubu Electric Power covering the liquefaction capacity of the first Train of the planned liquefaction plant at Quintana Island in Texas.
Liquefied Natural Gas Ltd., the Australian initiator of the Fisherman's Landing LNG project at the port of Gladstone, said an agreement has been signed to secure coal-seam gas supplies for the venture.
BG Group said total operating profit dropped by 8 percent in the second quarter to $1.97Bln as the increase in revenue and other operating income from LNG cargo sales was offset by higher costs in the exploration and production division.
The re-export market for LNG cargoes brought to the US and then re-sold abroad has given the nation a taste of the premium prices available in Asia, Europe and South America when liquefaction plants start converting the shale-gas surplus.
GE Oil and Gas has signed a contract worth more than US$600 million with Chevron Corp. to maintain the compressor trains and associated equipment at the Gorgon LNG project on Barrow Island off the northwest coast of Australia.
Repsol, the Spanish energy major, is considering selling some LNG assets under a plan to divest itself of as much as $5 billion of non-core operations as it seeks to overhaul itself after Argentina's nationalization of its South American unit YPF.