A tiny Canadian Native North American tribe numbering fewer than 300 members, but which ratified the first urban First Nation peace treaty in Canada giving it land ownership near the town of Delta in urban Vancouver, is planning a liquefied natural gas plant there.

Our Asia-Pacific editor

InterOil Corp. Chief Executive Michael Hession said the Elk-Antelope onshore field that will provide the feed-gas for Papua New Guinea's second LNG plant continues "to surprise on the upside" after more positive resource tests.

Tuesday, 24 November 2015 16:27

Exmar of Belgium signs India FSRU accord

Belgian shipping company and project developer Exmar has signed the first charter contract for a Floating Storage and Regasification Unit to enter service in India as a liquefied natural gas import terminal.

Japanese marine classification society Nippon Kaiji Kyokai, known as ClassNK, has approved a design for a bulk carrier being built at a shipyard in Japan and to be fuelled with liquefied natural gas.

Our North America editor

Koch Industries energy subsidiary Flint Hills Resources has filed for an export permit to ship liquefied natural gas in containers it plans to purchase from the existing small-scale Stabilis LNG Eagle Ford facility in Texas.

Australian developer LNG Ltd has received its final environmental impact statement from US regulators for its Magnolia LNG export venture in Louisiana and at the same time has agreed a final turn-key engineering and construction contract amounting to $4.35 billion for four liquefaction Trains.

Our Asia-Pacific editor

Inpex Corp., the Japanese energy company and LNG project developer, said the floating production venture it is planning offshore Indonesia with Royal Dutch Shell would produce 7.5 million tonnes per annum of LNG when completed, more than originally envisaged, and engineering work was starting soon.

Our Europe editor

Ophir Energy of the UK announces that it has finalised commercial terms and is in the process of signing preliminary sales agreements for LNG offtake from the Fortuna Floating LNG project offshore Equatorial Guinea in West Africa.

The Texas LNG Brownsville project said it had submitted all 13 draft resource reports to the Federal Energy Regulatory Commission, a key accomplishment in the US Government regulatory approval process, and has signed a plant automation agreement.

The Japanese government said the average price of spot liquefied natural gas cargoes delivered to Japan in October was $7.90 per million British thermal units compared with $15.30 per MMBtu in the same month a year ago, before falling oil prices impacted the market, a drop of $7.40 per MMBtu, or 48.3 percent, in 12 months.