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Friday, 09 December 2011
The Japanese export bank has stepped forward to pledge financial backing for Australia's new coal-seam-gas-to-LNG industry, while at the same time it has underwritten yet another bank loan to an Asia-Pacific liquefaction project - this time in Papua New Guinea.
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Friday, 09 December 2011
The LNG carrier spot charter market is the new soccer - with exotically named entities earning about $1 million a week as charter rates reach $135,000 a day or more, while much of the rest of the industry suffers.
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Thursday, 08 December 2011
Inpex Corp. of Japan said it completed a $875 million transaction giving Royal Dutch Shell a 30 percent stake in the Abadi Floating LNG project it's developing in Indonesian waters of the Arafura Sea, tapping into feed-gas in the Masela Block. The Japanese LNG developer, which will also operate the…
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Thursday, 08 December 2011
Woodside Petroleum Chief Executive Peter Coleman said a new natural gas development project costing $2.5 billion has been approved involving fields offshore north-west Australia to maintain feed-gas to the North West Shelf LNG plant, Australia first LNG liquefaction facility.
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Thursday, 08 December 2011
It's game on again for LNG on the US West Coast. The Jordan Cove LNG project company in Oregon has been revived after being granted an export licence for 30 years by the Department of Energy, opening the way for surplus Midwest natural gas to be piped to the coast…
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Wednesday, 07 December 2011
Qatargas Chief Executive Khalid Bin Khalifa Al-Thani said the company was always seeking efficiencies across its LNG liquefaction facilities and was currently undertaking a jetty boil-off gas project to recover gas currently being flared during LNG carrier loading at the export terminal of Ras Laffan.
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Wednesday, 07 December 2011
Shizuoka Gas Co., the Japanese utility, said it and Chubu Electric Power Co.. Japan's third-largest power company, reached a joint medium-term agreement with Qatargas to buy a total of 200,000 tonnes per annum of LNG for six years starting in 2016.
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Wednesday, 07 December 2011
Shale gas resources in the US enabling future LNG exports will be supporting 870,000 jobs in the country by 2015 when annual capital expenditure on the US natural gas "shale gale" will be over $48 billion, according to a new study. The study, produced by US energy consultants IHS and…
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Wednesday, 07 December 2011
GE Oil & Gas said it signed a contract with Qatargas to upgrade six GE Frame 6B gas turbines providing the power for three LNG liquefaction Trains at the Qatargas I plant near Ras Laffan port.
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Tuesday, 06 December 2011
We have a countdown to substantial North American LNG exports, analysts say. The US natural gas surplus from shale will lead the way to a substantial LNG export future as the energy landscape in America changes. The US National Petroleum Council (NPC) has released a study on the long-term outlook…
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