LNG

UK major BP shipped the first cargo on behalf of the Tangguh LNG production-sharing contract partners in Indonesia as the third liquefaction Train entered commercial operations.

Australian LNG operator Santos was assigned and investment-grade credit rating from US agency Moody’s Investors Service after the final shareholder and court approvals for the US$6.25 billion merger of Papua New Guinea-based energy company Oil Search and Adelaide-based Santos to create a major Asia-Pacific energy player.

Australian LNG operator Santos has taken a positive final investment decision to proceed with the offshore Barossa natural gas field joint venture to provide new feed gas for the Darwin LNG plant supplying Japan.