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China paid as much as $810 per tonne for LNG spot cargo imports last month, though these hefty prices were offset by its long-term contract supplies from Australia averaing $175 per tonne.
Royal Dutch Shell and PetroChina will receive a boost for their Arrow LNG project in Australia if their operating company Arrow Energy succeeds in a bid for coal-seam gas producing rival Bow Energy to increase the venture’s CSG feed-gas.
Anadarko Petroleum Corp. of the US said it discovered more natural gas offshore Mozambique and its recoverable reserves could turn the southeast African nation into an LNG producer.
The LNG production plant in Libya at Marsa El-Brega could resume exports in the next couple of months if the security situation were to stabilize, and the facility could also have a full upgrade completed from plans drawn up before the political turmoil.
The US Federal Energy Regulatory Commission said it was seeking an environmental assessment of Freeport LNG’s plans to turn its import terminal in Texas into a liquefaction plant producing 12 million tonnes per annum for export.
Aker Solutions, the Norwegian energy and LNG engineering firm, said it aimed to hire 200 engineering personnel for a new London office and would raise that level to 500 by the end of 2015.
Golar LNG has taken up two newbuild LNG carrier options with South Korea’s Samsung Heavy Industries, bringing to nine the number of LNG vessels the Norway-listed company has put on order this year at a cost of $1.8 billion.
Two Australia companies benefiting from the nation’s LNG boom, McConnell Dowell Constructors and Consolidated Contracting Co. said they were starting work on the main 415-kilometres pipeline for the Australia Pacific LNG project.
Europe will be most affected by tightening global LNG balances, losing 0.9 billion cubic feet per day of LNG imports in 2012, according to latest estimates.
AP Møller-Mærsk, the Danish shipping-to-oil group, said it on was on track to sell its fleet of eight LNG carriers soon, even as the LNG shipping market was going through an upturn.