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Wednesday, 04 July 2012
Indian ambitions to boost LNG imports have suffered a setback as the nation's newest terminal faces major pipeline link problems and could take at least two years to reach full capacity.
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Wednesday, 04 July 2012
Arrow Energy has seen the publication of the draft environmental impact statement for the planned Bowen Basin coal-seam gas expansion for the Royal Dutch Shell-led Arrow CSG-to-LNG project in Australia.
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Wednesday, 04 July 2012
ConocoPhillips said it planned to go ahead with the development of a second 4.5 million tonnes per annum production Train for its Australia Pacific LNG coal-seam gas liquefaction project in Queensland, taking total costs to US$20 billion.
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Tuesday, 03 July 2012
Atlas Copco won an order for turbo-compressors to be installed at the Ichthys LNG plant being constructed near Darwin in Australia's Northern Territory.
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Tuesday, 03 July 2012
Australia has this week introduced a controversial carbon tax, one of the most stringent in the world, and affecting the cost structure of Australian LNG exporters competing in global markets, such as the newest liquefaction plant in the world, Pluto LNG (pictured right).
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Tuesday, 03 July 2012
The demand for LNG in Japan during the 2012 fiscal year could rise to as high as 90 million tonnes, and the country has increased its cargo purchases to such an extent since last year's Fukushima disaster that it has bought spot and short-term cargoes from 10 additional countries.
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Tuesday, 03 July 2012
Woodside Petroleum said none of its current partners in the Browse LNG project in Western Australia comprising energy majors wished to match the $2 billion offered by Mitsui and Mitsubishi for a stake in the venture, so a deal is proceeding with the Japanese trading companies.
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Monday, 02 July 2012
Chiyoda Corp., the Japanese LNG engineering company, was awarded the engineering, procurement and construction contract for the new Hitachi LNG import terminal in Japan being developed by Tokyo gas at a cost of $1.5 billion.
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Monday, 02 July 2012
US LNG export projects were boosted by a letter to President Obama from Democrat and Republican Congressmen calling for a speeding up of the permitting process, as the approved venture of Cheniere Energy said it would complete up to $5 billion in financing this week.
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Monday, 02 July 2012
Free ReadBredero Shaw, a pipe-coating provider and subsidiary of Toronto-listed ShawCor Ltd., said it received a contract to supply pipeline coatings and related products and services for the flow-lines and tie-in spools for the Ichthys LNG project. The contract was awarded by project offshore engineering company McDermott and was worth US$100…
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