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Liquefaction

NNPC reducing stake in Brass LNG

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.

 
 
 
 
 

Chevron signs 25 year LNG supply deal with TEPCO

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.

 
 

Santos sees output surge

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.

 

Total to buy stake in Yamal LNG

Total has received government approval to purchase a stake in the Yamal LNG project in the Russian Arctic area.

 

CB&I Kentz JV awarded Gorgon LNG contract

A joint venture between CB& I and Kentz Corporation Limited have been awarded a contract for the mechanical, electrical and instrumentation work on the Gorgon Project on Barrow Island, Western Australia.

 
 

Curtis LNG appoints GL Noble Denton to carry out assurances services

QGC, a leading Australian coal seam gas explorer and producer, has selected GL Noble Denton to provide verification services for the development of the Queensland Curtis LNG project, which is expected to supply more than 8.5 million tpa of LNG through the development of two LNG trains.

 

Australia could be largest LNG exporter by 2020

Western Australia’s Premier Colin Barnett has told Asian business leaders at the Boao Forum for Asia Conference that Western Australia has the potential to be the world’s largest LNG exporter by 2020.

 

LNG glut likely to totally disappear from 2011

Cedigaz, the International Association for Natural Gas, has predicted that the world LNG trade will bounce back in 2011 and there will be little excess, in spite of new capacity additions.