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Monday, 31 March 2008
Woodside Petroleum, the operator of the North West Shelf LNG project, said the six partners made a final investment decision to spend A$5 billion ($4.5Bln) in recovering more feed gas to extend the life of the venture.
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Thursday, 27 March 2008
Cheniere Energy says the “Celestine River” LNG carrier has left Nigeria with a commissioning cargo for the new US Sabine Pass LNG import terminal in Louisiana.
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Thursday, 27 March 2008
US LNG imports reached a record high last year of 16 million tonnes, the equivalent of 771 billion cubic feet of natural gas, just over 32 percent higher than in 2006 and 18 percent more than the previous record of 13.6 MTPA in 2004.
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Wednesday, 26 March 2008
Technip, the French LNG engineering firm, confirmed it has been awarded the onshore portion of the Phase I lump-sum front-end engineering and design contract for the Gazprom-led Shtokman LNG project in Russia.
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Tuesday, 25 March 2008
Exmar saw its 2007 operating results plunge 45 percent, though its LNG fleet earnings held up, and the Belgian-based shipping company expected new LNG carriers to boost income this year and next.
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Friday, 21 March 2008
Broadwater LNG terminal, a joint venture between Royal Dutch Shell and TransCanada Corp. planned for Long Island Sound east of New York City, was given final approval by the Federal Energy Regulatory Commission.
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Thursday, 20 March 2008
Teekay Corp., the Canadian tanker owner and operator, has re-shuffled its fleet by selling two 1993-built LNG carriers to Bermuda-based subsidiary Teekay LNG for $230 million to help the unit’s long-term cash flow.
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Wednesday, 19 March 2008
The East Coast of North America is facing a significant oversupply of LNG import capacity because of a shortage of supply and the situation will persist well into the next decade, according to Washington-based consultants PFC Energy.
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Wednesday, 19 March 2008
Oil Search, a Papua New Guinea-based energy company, said the PNG LNG project it’s developing with ExxonMobil Corp. would seek almost $10 billion in loans and plans to deliver its first LNG cargoes by 2013.
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Tuesday, 18 March 2008
Gaz de France said regasification capacity at the Montoir-de-Bretagne LNG import terminal on the west coast of France was short of peak capacity for a second day after a fuel oil spill at a nearby refinery affected part of the vaporization operations.
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