Liquefaction

Air Products has announced plans to expand its LNG heat exchanger manufacturing capacity at a new facility in Florida.

North America is witnessing a fresh surge of natural gas production, which is encouraging investors to pump money into the industry, says a new report by natural resources expert GlobalData.

GE has signed a 22 year maintenance contract to maintain Gorgon LNG’s compressor trains and power generation units.

Aker Solutions has been awarded a contract by Technip to supply a Mono Ethylene Glycol (MEG) reclamation plant for the Ichthys LNG Project in Australia. The contract value is approximately NOK 485 million.

Black & Veatch provide liquefaction technology to EXMAR FSRU.

Aker Solutions has signed a contract with McDermott, the main EPCI contractor for the Ichthys gas-condensate field development subsea umbilical, riser, flowline (SURF) project, for INPEX in Australia. The contract value is approximately NOK 440 million.

Browse LNG receives conditional environmental approval to proceed, Woodside Petroleum are on course to make a final investment decision in 2013.

Total has increased its stake in the Ichthys LNG project to 30%.

Cheniere Energy Partners, L.P. has received executed firm financial commitments in aggregate of approximately US$ 3.4 billion to fund the costs of developing, constructing and placing into service the first two liquefaction trains of the Sabine Pass LNG liquefaction project.

Sinopec has increased its stake in APLNG from 15 – 25% in line with its Subscription Agreement with Origin Energy.

Shell is to purchase Gasnor, the small scale LNG producer, for US$ 74 million. In order to make inroads on expanding LNG shipping fuel market.

OAO NOVATEK has reported preliminary production data for the second quarter of 2012 showing that natural production is up 15.7% on last year.

China’s natural gas imports and production are set to increase to meet ballooning demand.

ConocoPhillips has officially sanctioned the development of the second train at its Australia Pacific LNG facility after Kansai Electric signed a new supply deal.

Australia Pacific LNG have signed a 20 year LNG supply deal with Kansai Electric, the agreement shows the strength of demand for LNG in the Asian market and shows the potential for Australian LNG market to grow.