ConocoPhillips plans full shut-down of export plant on Kenai Peninsula for lack of a buyer
ConocoPhillips intends to fully shut down its small-scale liquefaction and export plant located in Nikiski on the Kenai Peninsula because of low global LNG prices and the US major’s lack of progress in finding a suitable buyer for the plant.
Origin Energy posts wider first-half losses even as 45 LNG shipments are delivered to Asia
Australia Pacific LNG plant stakeholder Origin Energy, which recently took a charge of US$1.45 billion as a write-down mainly on APLNG, has posted earnings showing wider fiscal first-half losses.
Australian company Origin Energy takes US$1.45Bln hit on lower LNG asset values
Origin Energy, the Australian energy company undergoing a restructuring to adapt to the industry downturn, said it was taking an impairment charge mostly related to its main liquefied natural gas stake, the Australia Pacific LNG plant in Queensland, of around US$1.45 billion.
Origin Energy benefits from Australia Pacific LNG plant shipping 82 cargoes to China and Japan
Origin Energy, a main shareholder in the Australia Pacific LNG plant near the port of Gladstone in the eastern state of Queensland, said the facility has shipped more than 80 cargoes to China and Japan since it came on stream a year ago.
Alaska LNG project may bid for existing Kenai small-scale plant owned by ConocoPhillips
The Alaskan company now in charge of the state’s liquefied natural gas export project said it was interested in buying the existing small-scale liquefaction and export plant on the Kenai Peninsula from ConocoPhillips.
Alaskan state company formally takes charge of Alaska LNG export project from three oil majors
Alaska Gasline Development Corp. (AGDC) reached agreement with oil majors ExxonMobil, BP and ConocoPhillips to take over technical and regulatory responsibility for the Alaska LNG project.
News Index February 2006
