LNG

Origin Energy, the Australian upstream supplier to the Australia-Pacific LNG export plant in Queensland, said it expected a sizeable increase in underlying earnings from its utilities business, though signalled possible lower coal-seam-gas output affecting APLNG because of weather issues.

Tokyo Gas, the second-largest Japanese LNG importer, has agreed to sell stakes held in four out of five LNG export projects in Australia, to the US-based private equity firm EIG Global Energy Partners.

July 21 (LNGJ) - Fluxys, the Belgian utility company and grid and Zeebrugge LNG terminal owner, has completed its acquisition with EIG Global Energy Partners of 80 percent of the shares in the Quintero LNG import terminal in Chile from Spanish grid and terminals operator Enagás and OMERS Infrastructure, the Toronto-based Canadian fund.

   “GNL Quintero, strategically located in Quintero Bay and operational since 2009, is the largest liquefied natural gas regasification terminal in Chile. It is a solid fit with Fluxys’ strategy to develop outside Europe in a country where energy transition stands high on the agenda,” said Fluxys.

Blackstone Inc., a private equity fund based in New York, has purchased a 49 percent stake in the US Elba Island LNG export plant in Georgia where Shell is the only customers.

Fluxys, the Belgian gas grid and LNG terminal owner, reported annual increased consolidated turnover of €573.2 million ($638.3M) and more shipping traffic and truck-loadings as expansion plans progressed.

Fluxys of Belgium, the gas grid and LNG terminal owner, and investment firm EIG Global Energy Partners have acquired the Quintero LNG import terminal in the South American nation of Chile.

Saudi Arabian Oil Company (Aramco), the world’s largest seller of crude oil, reported that annual net income more than doubled to $110 billion and confirmed plans to boost natural gas output by 50 percent.

Saudi Arabian Oil Company (Aramco) has signed a $15.5 billion lease and leaseback deal involving its natural gas pipeline network with a consortium led by a unit of the US investment management firm BlackRock.

Woodside Petroleum, the Western Australian LNG operator of the North West Shelf plant and Pluto LNG, has signed an agreement to sell US fund Global Infrastructure Partners a 49 percent non-operating participating interest for an agreed initial US$2.744 billion in the Pluto Train 2 joint venture.

Petróleo Brasileiro (Petrobras), the Brazilian oil and gas company, boosted domestic natural gas production in the third quarter backed by LNG imports as well as pipeline gas from Bolivia as a drought curtailed the South American nation’s hydro-electric output.