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Royal Dutch Shell and its partners in the Sakhalin II LNG project, Mitsui & Co. and Mitsubishi Corp. of Japan, finally announced the sale of a 50 percent plus one share stake in the company to Russia's Gazprom for $7.45 billion cash.
Chevron Corp.’s Bayou Casotte LNG project has received a positive environmental impact report from the US Federal Energy Regulatory Commission.
Woodside Energy, the Australian operator of the North West Shelf LNG venture, announced its third contract extension in a month with a Japanese customer.
Qatar Gas Transport Co. (Nakilat) said it has raised $4.3 billion by securing loans and selling bonds and intends to borrow a further $3.3 Bln in a second financing round as part of a programme to build 16 LNG carriers and order more vessels.  
Gazprom will pay cash to Royal Dutch Shell and its Japanese partners for a controlling stake in the Sakhalin II LNG project, according to officials in Moscow.
Gaz de France and Gazprom have agreed to boost cooperation on LNG and signed pipeline gas deals worth about $85 billion.
The Royal Dutch Shell-led Broadwater LNG project to be located in Long Island Sound, off New York State, will be the subject of four days of public hearings starting on January 9 after the venture last month received initial environmental approvals.
Statoil, the owner of Europe’s first LNG production venture that comes on stream in 2007, has announced an agreement to take over the natural gas and oil activities of Norwegian rival Hydro in a deal worth around $28 billion.  
Indonesia, the world's largest LNG exporter, has decided not to renew a contract to supply Taiwan and will again reduce deliveries to South Korea and Japan in 2007 as its natural gas output falls and domestic demand rises.
Distrigas, the Belgian natural gas distributor, has begun LNG imports from Qatar, with cargoes delivered into the Zeebrugge terminal.