LNG

Royal Dutch Shell, the energy major with access to LNG volumes on every continent and major basin, said liquefied natural gas sales rose more than 11 percent in the third quarter and 17 percent so far in 2017, helped by additional volumes from the Gorgon LNG plant in Western Australia.

Osaka Gas, the Japanese utility and one of its longest-standing LNG buyers with three import terminals, plans to increase its resale of cargoes to third parties as it receives additional cargoes from the Ichthys LNG plant in Australia’s Northern Territory and the Freeport LNG plant in Texas.

Oil Search, the Australian-listed stakeholder in the Papua New Guinea LNG plant and its expansion project has agreed to acquire a number of assets in the Alaska North Slope for US$400 million from privately-held companies Armstrong Energy and GMT Exploration.