Cheniere Energy Chief Executive Charif Souki has urgently requested that the Federal Energy Regulatory Commission approves the Sabine Pass LNG export project in Louisiana by March 15 so it can keep to the terms of its engineering, procurement and construction contract with Bechtel.
Anadarko Petroleum confirmed what it called tremendous productivity via successful flow tests offshore Mozambique, and has increased its recoverable reserves estimate up to 30-plus trillion cubic feet of natural gas for its planned LNG project.
GRTgaz, owner of the natural gas transmission network previously run by Gaz de France, has started work on the pipeline link to the Dunkirk LNG import terminal under development on the Channel coast.
Foster Wheeler said its engineering and construction group was awarded the front-end engineering design contract for a new LNG receiving terminal and jetty to be built in San Pedro de Marcorís in the Dominican Republic.
Gas Authority of India Ltd., known as GAIL, will begin the commissioning of the Dabhol LNG import terminal with a cargo delivered on March 27, but the facility will be at only half capacity until the end of 2013 when a new breakwater is completed.
Drydocks World of Dubai, the ship conversion and repair yard, said it was awarded a contract to build a turret weighing 11,500 tonnes for the Prelude Floating LNG project ofsshore Australia being developed by Royal Dutch Shell.
The first LNG development chain in the Americas begins operations on March 16 when LNG produced in Peru is delivered to an LNG regasfication terminal in Mexico.
Ebara International Corp. of the US said it was awarded a contract to supply topside equipment for the Prelude Floating LNG production hull being developed by Royal Dutch Shell, and to be deployed offshore northwest Australia.
Free ReadBank of America Merrill Lynch, the US investment bank, has forecast a possible LNG supply crisis in Europe in winter 2012 because of cargo competition from Asia. However, the bank's view is seen by some as overblown. The downbeat Bank of America-Merrill forecast is seen as exaggerated by some analysts…
Clough Ltd. of Australia and its long-time Dutch BAM International partner received a letter of intent for a contract worth $370 million to build the loading jetty near the port of Darwin for the Ichthys LNG project.