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LEAD STORY

Thursday, 10 April 2008 08:10

News Index April 2008

Written by
A round up of the latest company news and developments
Bob Gilchrist

Ship-to-ship transfers have historically been considered something of a risky operation and only carried out when absolutely necessary.

There is now a growing confidence that the STS industry sector can deliver a high-quality repeatable operation and meet the high safety standards expected in the LNG industry.

Also in this issue

Thursday, 10 April 2008 08:01

LNG market may soon see regular spot cargo auctions

Written by
Morten Frisch examines the possibility of electronic platform sales to aid pricing

The international LNG industry is currently going through large changes. It is developing from a largely regional, bilateral trade structure to a more globally, flexible and integrated market.
Kenneth S. Culotta and Monica Hwang, King & Spalding LLP, Houston, Texas

In many parts of the world, LNG sales and purchase agreements use a formula tied to crude oil prices to derive the LNG contract price. The price formula typically includes a floor under, and a cap on, the crude oil price component.
John McKay, LNG Journal Editor

LNG is expected to play an increasingly important role in Japan’s energy mix as the nation competes strongly, especially over the next three years, for diverted cargoes and any available long-term supply contracts.
Thursday, 10 April 2008 07:54

Plans move forward for LNG offshore production technology

Written by
LNG Journal, Technology Editor

With LNG demand growing at 8 to 10 percent a year, four times the annual growth rate worldwide for natural gas overall, the industry is seeking fast-track solutions to bring LNG to market and floating offshore production has moved to the top of the agenda.