LNG

A final investment decision (FID) has been taken to expand Rotterdam’s Gate LNG terminal’s storage and regasification capacity. 

South African-based Afro Energy, a subsidiary of Australian energy company, Kinetiko Energy (KKO), has executed a non-binding term sheet with the Industrial Development Corp of South Africa (IDC) to form a joint venture for the appraisal and production of LNG.

Free ReadCheniere Energy’s subsidiary, Cheniere Marketing, has signed a long term LNG sale and purchase agreement (SPA) with large German chemical combine, BASF.  Under the SPA, BASF will purchase up to 0.8 mill tonnes per annum of LNG from Cheniere Marketing on a free-on-board (FOB) basis. The price is indexed to…

Through a newly created company, INPEX Cash Maple, Japan’s oil and gas  developer, INPEX Corp is to acquire 74% of the participating interest in the Australian AC/RL7 block, held by PTTEP Australasia (Ashmore Cartier) (PTTEP).