LEAD STORY
Europe Editor
France’s Total has decided to join Gazprom’s Shtokman LNG and pipeline gas project after two years of controversy over the Russian gas giant's handling of previous partnership processes.
Total has signed up for a deal to receive a 25 percent stake in an operating company to be created to implement Phase 1 of the project, while Gazprom will retain 100 percent control of the production licence for the Shtokman field, located in the Barents Sea 650 kilometres northeast of the Russian port of Murmansk.
France’s Total has decided to join Gazprom’s Shtokman LNG and pipeline gas project after two years of controversy over the Russian gas giant's handling of previous partnership processes.
Total has signed up for a deal to receive a 25 percent stake in an operating company to be created to implement Phase 1 of the project, while Gazprom will retain 100 percent control of the production licence for the Shtokman field, located in the Barents Sea 650 kilometres northeast of the Russian port of Murmansk.
Published in
July 07
Tuesday, 31 July 2007 14:42
Treating difficult feed gases proves key task at LNG liquefaction plants
Written by
Ed Bras, Gerard van der Zwet, Jeanine Klinkenbijl and Paul Clinton, Shell Global Solutions
Growing demand for liquefied natural gas is leading to increased feed production from more difficult gas reservoirs. These reservoirs may contain higher levels of acid components, sulphur components and carbon dioxide.
New production may also end up in more difficult to develop environments, like the Arctic, offshore or near shore.
Growing demand for liquefied natural gas is leading to increased feed production from more difficult gas reservoirs. These reservoirs may contain higher levels of acid components, sulphur components and carbon dioxide.
New production may also end up in more difficult to develop environments, like the Arctic, offshore or near shore.
Published in
July 07
Also in this issue
Tuesday, 31 July 2007 14:39
Australia’s Santos plans $6Bln LNG project for coal-seam gas
Written by
Asia-Pacific Editor
Santos, the Australian energy company, said it aimed to spend $6 billion to build a liquefied natural gas plant using coal-seam gas and to export the LNG to foreign markets.
Santos said the proposed single-Train plant would be located near the port of Gladstone in the state of Queensland. The world's first large-scale LNG facility to use processed coal-seam gas would have a capacity of 3-4 million tonnes per annum.
The Australian company is already involved in major LNG projects, being a stakeholder in the ConocoPhillips-operated Darwin LNG venture in Australia and a proposed LNG project in Papua New Guinea with ExxonMobil Corp.
Santos, the Australian energy company, said it aimed to spend $6 billion to build a liquefied natural gas plant using coal-seam gas and to export the LNG to foreign markets.
Santos said the proposed single-Train plant would be located near the port of Gladstone in the state of Queensland. The world's first large-scale LNG facility to use processed coal-seam gas would have a capacity of 3-4 million tonnes per annum.
The Australian company is already involved in major LNG projects, being a stakeholder in the ConocoPhillips-operated Darwin LNG venture in Australia and a proposed LNG project in Papua New Guinea with ExxonMobil Corp.
Published in
July 07
The latest company news
Published in
July 07
Tuesday, 31 July 2007 14:17
Financial arbitrage value in LNG trading according to future markets
Written by
Didier Holleaux, Vice-president LNG, Gaz de France, presents the last in his three-part series by looking at financial arbitrage value in future markets
The simplest way to realize financial arbitrage consists of buying call options, whose underlying asset is the New York Mercantile Exchange-National Balancing Point spread for a quantity equal to one cargo per month, at a strike value of 0, 0.50 or 1 US dollar per million British thermal units and using them when the spread is higher than the strike.
The simplest way to realize financial arbitrage consists of buying call options, whose underlying asset is the New York Mercantile Exchange-National Balancing Point spread for a quantity equal to one cargo per month, at a strike value of 0, 0.50 or 1 US dollar per million British thermal units and using them when the spread is higher than the strike.
Published in
July 07
Tuesday, 31 July 2007 14:07
Design, manufacture and test of largest LNG refrigeration compressor strings
Written by
Roy Salisbury, Pete Rasmussen, Todd Griffith and Andrea Fibbi
Increasing demand for LNG has driven the requirement for a significant increase in LNG plant capacity. Qatargas II, a joint venture by Qatar Petroleum and ExxonMobil, is committed to accomplish this while reducing plant emissions and making more efficient use resources.
Increasing demand for LNG has driven the requirement for a significant increase in LNG plant capacity. Qatargas II, a joint venture by Qatar Petroleum and ExxonMobil, is committed to accomplish this while reducing plant emissions and making more efficient use resources.
Published in
July 07
