Papua LNG project tells US about plans for lowest-priced exports
Our Asia-Pacific editor
InterOil Corp., the Papua New Guinea liquefied natural gas plant developer and stakeholder, has told US investors that its project was on course to produce the lowest-priced LNG in the world at under $7.60 per million British thermal units.
Shell given permit for Canadian liquefaction plant as it warns on the project economics
LNG Canada, the proposed export plant led by Royal Dutch Shell and to be sited near the British Columbia Pacific coast town of Kitimat, has received a facility development permit from the provincial regulator.
Canadian LNG feed-gas provider launches US$15Bln lawsuit against US government
Our North America editor
TransCanada Corp., the main Canadian LNG feed-gas pipeline company with contracts to bring shale-gas from the Montney shale in northeast British Columbia to the Pacific coast, has embarked on a US$15 billion lawsuit against the US government after President Barak Obama vetoed a huge cross-border Canada-US oil pipeline.
Price of oil-linked LNG takes further hit as North Sea Brent crude at new low
Our Europe editor
The price of oil-linked LNG has taken a further hit as the price of North Sea Brent crude dropped to an 11-year low on concern about global over-production, huge storage surpluses and lower future demand from China because of economic woes.
Fund backed by Chinese insurers is latest to help finance Yamal LNG
China Insurance Investment Ltd., backed by Chinese insurance companies and local equity funds, plans to direct part of its 40 billion yuan ($6 billion) in assets to the Russian Yamal liquefied natural gas project, the China Insurance Regulatory Commission said.
Sinopec adds Chinese shale to new LNG cargo volumes
Chinese energy company Sinopec, a shareholder in the Australia Pacific LNG project, said its Fuling shale-gas venture in Chongqing in southwest China now had annual production capacity of 5 billion cubic metres.
LNG player Origin Energy goes ahead with project that relaunches low costs in Australia
Out Asia-Pacific editor
Australian liquefied natural gas player Origin Energy and a joint venture partner have decided to go ahead with investments in the Waitsia gas field project in the onshore Perth Basin of Western Australia, a venture that relaunches low-cost energy production in Australia.
Australia's largest LNG operator makes natural gas discovery offshore Myanmar
Woodside Petroleum, Australia's largest LNG operator, said it made a natural gas discovery with good potential in the Rakhine Basin deep water block offshore Myanmar.
Petronet LNG contract revision deal with Qatar gives India market impetus
Our Asia-Pacific editor
Petronet LNG, the largest Indian liquefied natural gas importer, has altered the economics of the market in India by securing a 50 percent price cut in deliveries from Qatar under a long-term contract.
Clough-Amec venture wins upstream services contract for Darwin LNG
Australian LNG and energy engineering company Clough said the Clough-Amec joint venture was awarded a new three-year contract by ConocoPhillips to provide asset support and operations and maintenance services to the Bayu-Undan field in the Timor Sea that supplies the Darwin LNG plant in northern Australia.
