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Lithuania, the Baltic state formerly a part of the Soviet Union, could become an importer of LNG from the US after an agreement signed with Cheniere Energy of Houston, Texas.
The Everett LNG import terminal in Boston, Massachusetts, owned by GDF-Suez subsidiary Distrigas, has for the first time sold LNG as vehicle fuel because the price of LNG reaching the US is lower than the price of diesel fuel and gasoline.
Woodside Petroleum, the Australian LNG producer and developer, appointed Peter Coleman from ExxonMobil to replace Don Voelte as Chief Executive with salary and benefits of over $2 million a year and a signing-on package of around $3.6M in cash and shares.
AP Møller-Mærsk, the Danish shipping-to-oil group, said it planned to “divest” its Maersk LNG subsidiary comprising eight LNG carriers just as the LNG shipping sector emerges from a three-year slump.
JGC Corp, the leading Japanese LNG engineering company, has overhauled its executive team and appointed a new President to “strengthen and rejuvenate” its management structure.
BG Group of the UK posted a 14 percent drop in first-quarter profits from its LNG shipping and marketing unit to $501 million compared with $585M in the same quarter a year ago
Chevron Corp. said it signed a Sales and Purchase Agreement with JX Nippon Oil for a portion of Chevron's offtake of LNG from the $40-billion Gorgon LNG project under development on an island offshore Western Australia.
BG Group of the UK and Texas-based Southern Union Co. have applied for US permits to export 15 million tonnes per annum of LNG from the Lake Charles LNG facility in Louisiana.
Tideland Signal of the UK was chosen to supply all the warning lights and buoys for the new Dubai Supply Authority floating LNG import facility at Jebel Ali port in the United Arab Emirates.
Canaport LNG, Canada’s only LNG import terminal and which imports cargoes from producers such as Trinidad and Qatar, is closed for a month for maintenance work on process equipment.