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Russia’s Gazprom Global LNG and France’s GDF-Suez said they concluded an agreement for the purchase and sale of 15 cargoes of LNG over a two-and-a-half year period.
Wednesday, 22 September 2010
A.P. Moller-Maersk, the Danish shipping company and LNG player, said it appointed Stig Hoffmeyer to be Chief Executive of its Maersk LNG and Maersk FPSO divisions.
Ras Laffan Liquefied Natural Gas Co., which along with Qatargas makes the Gulf state of Qatar the world’s leading producer, has pledged to deliver LNG from its seven liquefaction Trains to a “dynamically changing world.”
France’s Montoir-de-Bretagne LNG terminal import terminal on the Atlantic coast is celebrating its 30th year in service with a renovation project to extend its operating life until 2035.
Excelerate Energy, the US-based LNG import project developer, said it signed a deal with two Argentine companies for a second LNG import facility to be established in the South American nation.
Global LNG import growth in Asia and Europe should be able to absorb additional supplies from new production projects this year and next, but LNG imports to the US continue to drop.
The 21st World Energy Congress in Montreal was drawing to a close Thursday after five days of debate in which the further development of the LNG and natural gas industries was put forward by many speakers as the most realistic medium-term solution to environmentally-friendly global energy needs.
LNG is facing a short-term “head-wind” because of current supplies and pricing, but will be a long-term winner because of global infrastructure development to support natural gas,  the 21st World Energy Congress in Montreal was told.
Yemen LNG said its feed-gas pipeline was attacked by an armed group but that production was continuing at its liquefaction plant at Balhaf, which sends LNG cargoes to among other locations, the US Everett LNG terminal in Boston, Massachusetts.
The 21st World Energy Congress in Montreal, Canada, has seen global energy experts admit that future demand is now very difficult to forecast, with the degree of uncertainty about future LNG and natural gas needs at its highest in decades.