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Wednesday, 18 March 2009
BG’s more than A$1 billion (US$660M) takeover offer for Pure Energy Resources of Australia closes on March 23, further boosting the UK company’s coal-seam gas assets for its Australian CSG-to-LNG project.
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Tuesday, 17 March 2009
UK port authorities said they expected the Qatari LNG carrier “Tembek” to arrive at the new South Hook LNG terminal in Wales around March 20 with an LNG cargo.
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Tuesday, 17 March 2009
Royal Dutch Shell said it was continuing with plans to build new upstream and downstream projects, including 6.5 million tonnes per annum of new LNG capacity, while managing the challenges of the global economic slowdown.
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Monday, 16 March 2009
PetroChina said it signed a joint venture contract with Singapore-based Pacific Oil & Gas and China’s Jiangsu Guoxin Investment Group for the Jiangsu LNG project, an import facility located on a man-made island offshore Rudong in eastern China.
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Friday, 13 March 2009
Teekay Corp. said it signed an agreement with Merrill Lynch Commodities, a unit of the US investment bank, to jointly develop a project to convert the “Arctic Spirit” LNG carrier into a floating LNG production plant to operate in Western Canada.
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Thursday, 12 March 2009
Chiyoda Corp., Japan’s leading LNG project contractor, said it signed a long-term agreement with Qatar’s RasGas to service the liquefaction company’s seven processing Trains.
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Wednesday, 11 March 2009
The US LNG import projection remained flat and US domestic natural gas exploration and production activity has plunged more than 40 percent in the economic recession, according to latest US figures.
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Tuesday, 10 March 2009
The Qatargas II project will deliver its first commercial LNG to the South Hook import terminal in the UK by around the end of March as a new 7.8 million tonnes per annum LNG super-Train, known as Train 4, goes into operation.
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Monday, 09 March 2009
France’s Total said production started from its Akpo wells to provide additional feed-gas for Nigeria LNG, at a time when the plant is repairing production facilities and Total itself is considering the go-ahead for the Brass LNG project.
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Monday, 09 March 2009
LNG spot cargo prices are tumbling as the supply-demand relationship begins to move away from the position of the seller and the economic recession ends the era of high prices, said Japan’s Institute of Energy Economics.
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