Liquefaction

A new paper from Deloitte suggests that Australian LNG producers must evolve to become accomplished marketers in the global market.

According to Reuters, the Australian contractor UGL Ltd has said that it might need to book a provision of up to AUS$200 million for losses on its work for the Ichthys LNG project.

According to Reuters, Novatek is looking to grow its gas trading business and, therefore, would be interested in a tie-up with Qatargas.

JX Nippon Oil & Energy has announced that it has signed an agreement with Petronas regarding the sale and purchase of equity in Petronas LNG 9 Sdn Bhd.

The Kumul LNG carrier has successfully loaded its first cargo at the Papua New Guinea LNG marine facilities, and the 200th cargo is scheduled to be loaded onto the Spirit of Hela on 4 – 5 June 2016.

The US Federal Energy Regulatory Commission has granted authorisation to Elba Liquefaction Co. and Southern LNG Co. for the Elba liquefaction project.

The Premier of British Columbia, Christy Clark, discusses Japan’s need for LNG, and the province’s ability to provide it.

Energy World Corp. Ltd has completed the financing documentation for its LNG hub in Pagbilao, the Philippines, for approximately US$32 million.

Alam Maritim (M) Sdn Bhd has been awarded a subcontract for work on Petronas’ floating LNG project – PFLNG SATU.

HDR has been selected as owner's engineer for Kinder Morgan’s Elba Liquefaction Project.

Bechtel has announced a number of changes to its executive leadership, which will be effective 1 September 2016.

Cheniere and Bechtel have announced substantial completion of Train 1 at the Sabine Pass liquefaction project.

A Japanese delegation recently toured Port MacKenzie, the site of a proposed 1 million tpy small scale LNG plant.

SapuraKencana Energy has announced that it has made a significant gas discovery from its three wells 2015 drilling campaign within the Block SK408 Production Sharing Contract area.

Gazprom has announced that working meetings have taken place with China National Petroleum Corp. and China National Offshore Oil Corp. looking at possibilities for cooperation, including in the LNG sector.