Liquefaction

BG Group shocked markets and took a 17% hit to its share price when it announced that the company would see no production growth in 2013.

Russian giant, Gazprom has pledged to invest US$ 38 billion in the development of the eastern Chayanda gasfield and a pipeline to Vladivostok.

A joint venture between GDF Suez and Santos Energy has received environmental approval from the Australian government for its FLNG project in the Bonaparte Basin.

The Canadian Minisry of Industry has blocked the sale of Progress Energy to Petronas Carigali Canada Ltd. on the grounds that it will not provide a net benefit to Canada.

The latest EIC monthly report shows an upsurge in new projects for Q3 2012 while total potential investment value is up 17% on the last quarter.

Wärtsilä Moss AS is providing Inert gas generator units to an FPSO unit for the Icthys LNG project in the Browse Basin.

DNV and nine key members of the Australian maritime, port and energy sectors have established a four-month study to assess the challenges of introducing LNG bunkering to Australia.

Excelerate Liquefaction Solutions has filed an application with the DOE to export LNG to countries which do not have a free trade agreement with the USA.

Qatargas have signed a 15 year LNG supply deal with Chubu Electric, Qatargas will supply 1 million tpy from 2013.

The Asian LNG market remains the premium market for suppliers. Pat Roberts, reports from the 4th World LNG Series: Asia Pacific Summit.

Cheniere Energy has awarded GE the contract to supply the gas compression trains for the Sabine Pass liquefaction expansion project.

Stefan Chapman, Euro Petroleum Consultants, UK, and Andrey Kosulnikov, Euro Petroleum Consultants, Russia & CIS, give an overview of the increasingly central roles played by shale and LNG in the gas and petroleum industry, focusing particularly on Europe.

KBR is to perform pre-FEED for Statoil’s LNG facility in Tanzania. Statoil is currently examining the viability of such a venture and the project is expected to be completed during 2013.

Pekka Paasivaara, GL Noble Denton, Germany, discusses the rise of unconventional gas and its potential impact on world energy markets.

Cyril Widdershoven, TNO, the Netherlands, explains how changes in domestic demand for natural gas in the Middle East could impact upon global supply.