Liquefaction

JP Morgan and Cheniere Energy have entered into a two-year partnership involving the Sabine Pass terminal.

Australia’s Arrow Energy has accepted an improved takeover bid from Royal Dutch Shell and PetroChina worth a reported AU$ 3.44 billion (US$ 3.14 billion). The takeover is subject to approval by Arrow shareholders and Australian authorities.

Arrow Energy is set to reject a take-over bid from a company jointly owned by Royal Dutch Shell and PetroChina.

In the Spring issue of LNG Industry magazine, Lucy Miller, Douglas-Westwood, considers current and future prospects for the LNG sector.

Centrica has announced the purchase of Suncor Energy Inc’s Trinidadian natural gas assets.

An overview of the North American natural gas industry

Woodside Petroleum Ltd. has signed an agreement to supply Osaka Gas with LNG, they are also in discussions with other potential customers in the region.

Chevron Corp. has announced an additional natural gas discovery in the Carnarvon Basin offshore Western Australia.

GE Oil & Gas powers the world’s first offshore gravity-based LNG terminal.

The credit crunch and an uncertain market have hit the global LNG industry, which had been steadily growing during the period 2003 - 08. LNG demand (a function of natural gas demand) is low across the globe, yet it is set to pick up post 2012 and rise until 2015.

The natural gas transmission pipeline industry in Australia is active and vibrant with opportunities for investment in further pipelines and pipeline infrastructure as this demand grows.

Australia, with 24 currently active and future LNG projects, could become the second largest LNG producing nation in the world by 2015, according to the International Energy Agency.

OPITO – The Oil and Gas Academy, is focusing on attracting skills and talent to the oil and gas industry, through its ‘Energise Your Future’ event, which took place at this year’s Offshore Europe in Aberdeen.

East Asia continues to be a vital region for the world economy and the world energy market. This article looks at the four major East Asian economies, their energy markets, and their hydrocarbon processing industries.

Newbuild and converted offshore LNG projects are now under review by ABS.