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Monday, 27 June 2011
BG Group and Bank of China signed a cooperation agreement that enhances current financial relations and “also allows for up to $1.5 billion of new funding options” to support the UK company's expansion, particularly in LNG.
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Monday, 27 June 2011
SBM Offshore said it was awarded a contract from the Technip-Samsung joint venture for the engineering, procurement, construction and integration of a major turret mooring system for Royal Dutch Shell’s Prelude FLNG project offshore Australia
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Friday, 24 June 2011
Inpex Corp of Japan said it was completing the sale of all the LNG from its Ichthys project in north-west Australia, with five Japanese utilities being the main buyers of the balance of production.
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Thursday, 23 June 2011
Equatorial Guinea LNG plans to make a final investment decision in 2012 on whether to add a second liquefaction Train and export the output to Europe or South America by 2016.
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Wednesday, 22 June 2011
Energy analysts Wood Mackenzie forecast that recent events in Japan and North Africa and the Middle East will accelerate the demise of the global oversupply by 2-3 years, leading to the potential for higher LNG spot prices in both Asia and Europe and pipleline gas price pressure.
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Monday, 20 June 2011
The Lake Charles LNG import terminal, the longest-established on the US Gulf Coast and which has liquefaction plans, is heading into new ownership as part of an almost $8 billion take-over of Southern Union Co.
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Monday, 20 June 2011
Argentina held an inauguration ceremony in the presence of President Cristina Fernandez de Kirchner for the nation’s second LNG import facility, located on the Parana River 30 miles south of the capital Buenos Aires.
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Thursday, 16 June 2011
Woodside Petroleum said first LNG cargoes from its Pluto LNG project have been pushed back until March 2012 because of slow progress in the work schedule and weather delays, helping to push up the costs of the US$14-billion venture by a further $950 million.
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Wednesday, 15 June 2011
Chevron Corp. will make a final investment decision on the Wheatstone LNG project in the next few months after welcoming the release of the Western Australian Environmental Protection Authority report on the proposed venture.
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Tuesday, 14 June 2011
US energy company Hess has formally withdrawn its plans to develop the Weaver’s Cove LNG import terminal project at Fall River in Massachusetts because of the unfavourable economics of bringing LNG into the US gas market.
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