Daily News

Daily News (16520)

Children categories

The European Union was holding talks on Tuesday with Russia and Ukraine as the natural gas pricing dispute between the two countries led to supplies being cut off to EU members Bulgaria and Greece.
Qatar Gas Transport Co. and Yemen LNG have each taken delivery of new LNG carriers as the global fleet increases ahead of a huge boost in world LNG production during 2009.
The LNG carrier "Suez Matthew" has moored at the Everett LNG import terminal near Boston Massachusetts after breaking down for about 16 hours offshore the East Coast of the US.
South Korea, the world’s second-largest LNG importer, said it planned to spend $5.4 billion until 2022 to improve storage as the country’s LNG imports are estimated to rise to 32 million tonnes  per annum.
BG Group, the leading LNG developer and marketer, has parted company with a senior executive caught up in insider dealing allegations relating to BG’s takeover of Queensland Gas Co. as part of its coal seam-gas-to-LNG plans in Australia.
Fujian LNG project, owned by China National Offshore Oil Corp. and with capacity to handle 2.6 million tonnes per annum of LNG, said it started construction work on two new storage tanks.
Qatar, the world’s largest LNG producer, has been chosen to host the permanent secretariat of the 15-member Gas Exporting Countries Forum.
Santos of Australia and Malaysia’s Petronas awarded the downstream front-end engineering and design contract for their A$7.7 billion Gladstone coal-seam-gas-to-LNG project to US engineering firm Bechtel.
Chevron Corp has chosen a site from six potential locations for its Wheatstone LNG project on the Pilbara Coast of Western Australia with potential to produce up to 25 million tonnes per annum.
AGL Energy, an Australian power company, has sold its stake in an LNG project in Papua New Guinea to a subsidiary of Japan's Nippon Oil Corp. for around US$795 million to provide “a buffer against current markets turmoil.”