LNG - 21 April 2016

The American Gas Association has praised the US Senate for passing the Energy Policy Modernization Act (S. 2012).

Wärtsilä has announced plans to adjust its Marine and Energy businesses to reflect the weak market situation.

According to Reuters, GAIL (India) Ltd is reportedly trying to swap some of its contracted gas supplies from the Sabine Pass LNG facility in the US, in order to decrease shipping costs.

On 19 April 2016, Total presented a wide-ranging new organisation plan to employee representatives, as a part of plans to strengthen Total as a global energy leader.

West Moberly First Nations has signed a natural gas pipeline benefits agreement with the Government of British Columbia regarding TransCanada’s proposed Coastal GasLink pipeline.

The McLeod Lake Indian Band has signed two agreements with the provincial government that will provide benefits through the development of British Columbia’s LNG industry.

Qatargas has completed work on the region’s first Waste Water Treatment plant using Membrane Bioreactor Technology.

According to Reuters, Repsol has agreed to sell its LNG businesses in Peru and Ecuador to Chile’s Abastible for a combined price of US$335 million.

CB&I has reported a net income of US$107 million in 1Q16, compared to US$132 million in the corresponding period of last year.

LearnCorp International will provide skills training for staff at the proposed Bear Head LNG facility in Nova Scotia, Canada.