LNG - 13 April 2012

GDF Suez is to supply Gasnor AS with 7.5 TWh of LNG over a 12 year period, starting in 2013.

At a recent meeting, Vladimir Putin, unveiled a new set of rules for offshore development in Russian territory as well as long awaited tax breaks that look set to make formally economically unviable projects possible.

North West Shelf LNG seller shave extended an existing supply deal with Kyushu Electric for an additional six years until 2023.

The SuperMajor Shell has reported that an oil sheen discovered near two of its platforms in the Gulf of Mexico had dissipated and was “very confident” that its operations had nothing to do with the incident.

A round up of the latest downstream oil and gas news from Asia.