Liquefaction

Origin Energy has announced a 45% increase in revenue during 1Q16, primarily driven by the commencement of LNG sales by Australia Pacific LNG.

According to Reuters, Petronas and its partners are aiming to take a final investment decision on the Pacific NorthWest LNG project within the coming months.

According to Reuters, Ophir Energy has ended negotiations with Schlumberger regarding the Fortuna floating LNG project.

The American Petroleum Institute (API) has issued a statement in support of the US House Armed Services Committee’s passage of the LNG exports amendment in the FY17 National Defense Authorization Act.

The British Columbia government has announced that, so far, 62 pipeline benefits agreements have been signed with 29 of the 32 eligible First Nations that are situated along four proposed gas pipeline projects.

CLNG has welcomed House action that will provide greater regulatory certainty for LNG exports.

According to Reuters, Total is currently in the final stage of negotiating a financing deal with Russian banks to fund the Yamal LNG project.

Chevron has released a video outlining the training and employment benefits offered by its proposed Kitimat LNG project in British Columbia, Canada.

King & Spalding has announced that it has advised Elba Liquefaction Co. LLC and Southern LNG Co. LLC on the development of an engineering, procurement and construction contract for the expansion of the Elba Island LNG facility.

LNG Canada has selected the Ledcor-Haisla Ltd Partnership for site preparation work at its proposed gas liquefaction and export facility in Kitimat, British Columbia, Canada.

Atlas Copco Bolt Tightening Solutions receives order for major LNG plants with its Tentec range of bolting equipment.

Magnolia LNG and KSJV have reached an agreement to extend the pricing validity on an EPC contract price through 31 December 2016.

The US Department of Energy has rejected Sierra Club’s request for a rehearing of Dominion Cove Point LNG’s export authorisation.

Plains All American Pipeline and Cheniere Energy Partners have announced that Pine Prairie Energy Center has entered a 10-year firm storage service agreement with Sabine Pass Liquefaction.

According to Reuters, the total debt financing of the Yamal LNG project is estimated at approximately US$18 billion – US$19 billion.