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The US LNG debate has entered the nation's TV studios, with appearances featuring industry figures such as Center for Liquefied Natural Gas President Bill Cooper and former Federal Energy Regulatory Commission member Marc Spitzer, as well as Cheniere Energy Chief Executive Charif Souki.
Cheniere Chief Executive Charif Souki said he saw longer term US natural gas prices at $2 per million British thermal units because of improved drilling technologies, and regardless of whether US LNG exports are increased.
InterOil, the lead developer of the Gulf LNG project in Papua New Guinea, said its advisors were managing the process of soliciting and evaluating proposals from potential strategic LNG partners to get the venture back on track.
Bahrain has officially launched its LNG development project comprising an import terminal to be completed by 2015 and LNG volumes provided by Russia's Gazprom.
Argentina's LNG imports rose to 2.97 million tonnes in 2011 from 1.27 million tonnes the previous year as its new Escobar dock-side LNG import facility received regular cargoes.
Inpex Corp. of Japan said it agreed to acquire a minority stake in the Royal Dutch Shell's Prelude Floating LNG project planned for offshore northwest Australia using a production hull being developed by France's Technip and South Korea's Samsung Heavy Industries.
Italian energy company Eni said it would invest almost 60 billion euros ($78Bln) between now and 2015 and focus on upstream development, including its planned LNG project in Mozambique.
Fluyxs, owner of the Zeebrugge LNG import terminal, said it unloaded 70 LNG carriers in the past year at the facility and posted a record send-out of natural gas.
Wood Group Kenny said it was awarded an enterprise frame agreement (EFA) by Royal Dutch Shell for subsea, umbilical, riser and flow-line engineering and construction in the Asia-Pacific region and elsewhere, including the Prelude Floating LNG project offshore northwest Australia.
Hellenic Gas Transmission System Operator (DESFA) of Greece has launched an international tender for the design and construction of a third LNG storage tank at its Revithoussa LNG import facility near Athens, and also plans to upgrade its port facilities.