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Thursday, 24 May 2007
Japan, the world’s No. 1 buyer of liquefied natural gas, said it imported 14 percent more LNG during April as it used more for gas-fired power stations to make up for a drop in nuclear power generation.
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Wednesday, 23 May 2007
Gazprom, the Russian natural gas monopoly, is likely to acquire the largest natural gas field in Eastern Siberia by default from BP as Russian regulators prepare to strip the UK major of its licence, the same tactics used against Royal Dutch Shell’s Sakhalin LNG project.
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Tuesday, 22 May 2007
Gazprom said it has held talks with Norway on prospects of cooperation in developing hydrocarbons in the Arctic region, in particular the vast Shtokman natural gas field with its LNG potential.
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Monday, 21 May 2007
BHP Billiton, the Australian commodities giant, said it was still considering a response to a decision by Californian Governor Arnold Schwarzenegger to veto its $800 million Cabrillo Port deepwater LNG import terminal off the coast of southern California.
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Saturday, 19 May 2007
California Governor Arnold Schwarzenegger announced that while liquefied natural gas still has a role to play in the state's energy future, he rejected Australia-based BHP Billiton's proposed offshore LNG receiving terminal project, Cabrillo Port, on the basis that it failed to meet environmental standards.
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Friday, 18 May 2007
The month of May 2007 is expected to see a record set for the amount of LNG delivered into the United States, the US Federal Energy Regulatory Commission said, because of the wide differential between natural gas prices in the US and Europe.
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Thursday, 17 May 2007
National Grid, the UK natural gas transportation company, said it plans to proceed with a £310 million ($613M) project to boost capacity by 50 percent at its Isle of Grain LNG import terminal southeast of London.
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Thursday, 17 May 2007
Centrica, whose British Gas unit is the UK’s biggest domestic supplier, said it secured additional import capacity at National Grid’s Isle of Grain LNG terminal southeast of London from the end of 2010.
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Wednesday, 16 May 2007
The US Coast Guard issued a final ruling establishing a permanent security zone around the Elba Island LNG terminal in Georgia, where the UK’s BG Group and Royal Dutch Shell have delivery capacity.
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Tuesday, 15 May 2007
RasGas Co., the Qatari LNG producer, said it added another tanker to its fleet of LNG carriers when it took delivery of the “Al Jassasiya” from Daewoo Shipbuilding and Marine Engineering Co. of South Korea.
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