Pacific Basin outlook
Lucy Miller, Douglas Westwood Ltd, UK, describes the changing focus of the LNG market towards the Asia Pacific region.
Lucy Miller, Douglas Westwood Ltd, UK, describes the changing focus of the LNG market towards the Asia Pacific region.
Tokyo Gas has signed a Heads of Agreement to supply Saibu Gas Co Ltd with 300,000 tpy of LNG for 16 years, commencing in March 2014.
Chevron has received environmental approval from the Government of Western Australia, clearing the way for work to start on its huge Wheatstone LNG gas export project once it receives federal approval.
BP Trinidad and Tobago (bpTT) today announced the start of natural gas production from the Serrette field, offshore Trinidad. Serrette is located in 280 ft (90 m) of water off Trinidad’s south east coast.
Woodside Petroleum has been awarded AU 1.5 million in compensation by a Federal Court over an illegal strike at its Pluto LNG site back in December 2009, which was actively encouraged by the Construction Forestry Mining and Energy Union (CFMEU).
Anadarko has discovered significant gas reserves in the Barquentine complex offshore Mozambique, the company plans to use the reserves as feed-gas for an LNG facility.
Arrow LNG, owned by Petrochina and Shell has made an offer of AU$ 520 million (US$ 543 million) to acquire the gas explorer Bow Energy.
Nigeria National Petroleum Corp. (NNPC) is taking a US$ 2 billion dollar loan in order to unlock capital to push the project forward. The company plans to reduce its stake in the project as well.
CJV, a joint venture comprising of Chiyoda, as JV leader, CB&I and Saipem S.p.A., has been awarded the FEED contract for the Arrow LNG plant project.
A group of US businesses and business groups, including API, have written a letter to President Obama asking him to intervene in the implementation of stringent new standards.
The American Public Gas Association comment on the Environmental Protection Agency’s propositions to amend the greenhouse gas reporting rule.
ConocoPhillips today announced approval of the final investment decision for the initial train of a two train LNG 9 million tpa project by Australia Pacific LNG in Queensland, Australia.
Chevron Corporation has signed binding Sales and Purchase Agreements (SPAs) with Tokyo Electric Power Company (TEPCO) for the delivery of LNG from the Wheatstone natural gas project in Australia.
Qatargas has signed of a Heads of Agreement (HOA) to supply LNG to Petronas LNG Ltd. with 1.5 million tpa of LNG for 20 years commencing in 2013.
Santos, the Australian oil and gas producer, has seen a leap in production and its GLNG project is also still on target for first production in 2015.