Cheniere Energy signed a preliminary deal with ENN Energy Trading Co., a growing natural gas network operator in China, for the Chinese company to take 1.5 million tonnes per annum of LNG processing capacity at the planned Sabine Pass liquefaction project in Louisiana to export surplus US natural gas.
Australia has given approval to the Prelude Floating LNG project planned by Royal Dutch Shell, and to be based on one of the world’s largest floating hulls anchored off Western Australia's north-west coast.
South Hook Gas (SHG), the LNG terminal shipper for the South Hook import facility in Wales, said it had now imported more than 10 million tonnes of LNG into the UK, which is equivalent to enough natural gas for the whole country for two months.
Kathleen Eisbrenner, the most high-profile woman executive in the LNG industry who has previously headed the LNG division of Shell and was Chief Executive of Excelerate Energy, has launched her own LNG and natural gas business in Texas.
Gas trading between all regions of the world will expand by around 80 percent from 670 Bcm at the end of last year to 1,190 Bcm in 2035, with LNG accounting for more than half of that growth, the International Energy Agency said in its 2010 World Energy Outlook just…
Australia Pacific LNG, a joint venture between US major ConocoPhillips and Origin Energy, said its coal-seam-gas-to-LNG project has been given final approval by the state regulators with “stringent conditions” attached.
EDF Trading, the London-based arm of the French utility and energy company, said it appointed Steve Lewis as Global Head of Gas responsible for its LNG and natural gas trade strategy.
Cheniere Energy, the US company with plans to turn its Sabine Pass LNG import terminal into an export facility, said it signed a deal with Morgan Stanley Capital Group opening the way for the US investment bank to acquire a stake in the new project.
Royal Dutch Shell said it’s arranging the A$3.30 billion (US$3.34Bln) sale of part of its stake in Woodside Petroleum, Australia’s main LNG operator, to help fund its own ambitious Australian LNG projects.
Teekay LNG Partners said cash flow from vessel operations rose in the third quarter of 2010 amid a growing portfolio of long-term, fixed-rate contracts and the addition of several new vessels.