Liquefaction

The institute sees the vote result as a step in the right direction, away from heavy oil and gas taxation and towards further development of US domestic reserves.

The President’s plan includes increased development in the Gulf of Mexico and Alaska, as API recognises the strategy as progressive, but with significant limitations.

API president and CEO said the plans would damage the American economy and energy security.

API president believes the study’s finding are especially relevant given the current debate on energy taxes and access to domestic reserves.

As first quarter earnings are made public, API states that the oil and gas industry’s importance to the US economic recovery should not be understated.

Australia Pacific LNG and Sinopec have signed a Sale and Purchase Agreement for the supply of LNG from Australia Pacific LNG’s CBM resources and proposed LNG facility on Curtis Island, Queensland. The agreement could be worth up to US$ 85 billion.

QGC has appointed qedi to apply its proprietary commissioning technology and consultancy expertise on its Queensland Curtis liquefied natural gas (QCLNG) development.

Armelle Lecarpentier, Cedigaz, France, explores recent developments and trends in natural gas markets across the globe.

The latest EIC Monitor tracking new active and future projects across the global energy industry shows positive signs of growth across all sectors this quarter (Q1:January – March 2011), with the total number of new project announcements up 29% on the previous quarter.

Air Products today announced it has signed an agreement with JGC Corporation to supply its proprietary propane pre-cooled mixed refrigerant process and MCR main heat exchanger for a two million tpy LNG project in Luwuk, Central Sulawesi, Indonesia.

Qatargas is to supply additional 4 million tonnes of LNG, equivalent to sixty plus conventional LNG cargos to Japan to help it meet its energy needs.

The US oil and natural gas industry is working to help address the nation’s economic challenges according to the API.

Shell is to join the Wheatstone LNG facility project and will also acquire stakes in the gas fields that will feed it.

Yemen LNG has strongly denied that its facility at Balhaf, Shabwah came under attack from armed militants after it was earlier reported by an unnamed source.

The American Petroleum Institute praises the president’s focus on natural gas as a source of clean, abundant fuel.