LNG - 08 June 2012

The Oklahoma based company continues to fight towards meeting a funding shortfall of approximately US$ 10 billion.

Wood Mackenzie have predicted that shale gas will not be able to satisfy domestic demand in China, and CTG and natural gas imports will be necessary to keep up with demand.

Shell has signed an Mou with TravelCenters of America to sell LNG as fuel for HGVs through its network of fuel stops.

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.