Liquefaction

Shareholders in Chesapeake Energy Corp have shown their displeasure with the way the company has been run, by refusing to back the re-election of two board members.

Opponents to LNG exports have sent a letter on export policy to the US president.

Statoil has signed a deal to supply 1 billion m3 of LNg over 3.5 years to Petronas in Malaysia.

TransCanada Corp. has been selected by Shell and its partners to design, build, own and operate the proposed Coastal GasLink project.

A report by APPEA has concluded that even thought here is still uncertainty in the industry, the potential rewards to Australia if the gas industry continues to grow are enormous.

A new IEA energy report has predicted that natural gas use will see huge growth over the coming years buoyed up by demand in China and Asia, even though European demand is likely to decrease.

GE Oil & Gas has won the contract to supply turbocompression technology for the Petronas LNG Train 9 project.

Russia’s giant Shtokman field is to switch its production to LNG and begin focusing on Asian markets instead of Europe.

Australia Pacific LNG as secured US8.5 billion in loans to underpin the development of its CSG to LNG project.

Ng Weng Hoong, LNG Industry Correspondent, discusses the disparity between the Henry Hub price and the Asian LNG price.

Laing O’Rourke & Kawasaki have won the EPC contract to deliver a network of four storage tanks at the Ichthys LNG site worth US$ 34 billion.

Shell, KOGAS, Mitsubishi Corp. and PetroChina have formally announced that they will be developing an LNG export facility near Kitimat, British Columbia.

Southern LNG has filed an application with the US DOE to export LNG from its Elba Island LNG import terminal in Savannah.

The return of Vladimir Putin to the Kremlin has been heralded as something of a retrograde step in the development and liberalisation of Russia’s economy.

The Obama administration has stated that it is not opposed to exporting US LNG, although its opinion will depend upon official analysis used to determine whether more LNG export projects should go ahead.