LNG

Browse LNG receives conditional environmental approval to proceed, Woodside Petroleum are on course to make a final investment decision in 2013.

Total has increased its stake in the Ichthys LNG project to 30%.

Cheniere Energy Partners, L.P. has received executed firm financial commitments in aggregate of approximately US$ 3.4 billion to fund the costs of developing, constructing and placing into service the first two liquefaction trains of the Sabine Pass LNG liquefaction project.

Sinopec has increased its stake in APLNG from 15 – 25% in line with its Subscription Agreement with Origin Energy.

Shell is to purchase Gasnor, the small scale LNG producer, for US$ 74 million. In order to make inroads on expanding LNG shipping fuel market.

Black & Veatch will provide technology and services for the world’s first Floating LNG liquefaction unit – the EXMAR EXPORT™.

Wärtsilä has won the contract to supply the LNG fuelled engines for two new-build tugs which arebeing built by CNOOC Energy Technology & Services Ltd.

OAO NOVATEK has reported preliminary production data for the second quarter of 2012 showing that natural production is up 15.7% on last year.

AIPN publishes 2012 version of its unified Model LNG Master Sale and Purchase Agreement (MSPA).

Golar LNG has been awarded the contract to supply Chile’s Gas Atacama with an LNG FSRU for a minimum 15 year charter.

EQT Corp has announced plans to convert drilling rigs to run on LNG rather than diesel in order to make oil and gas exploration more green.

China’s natural gas imports and production are set to increase to meet ballooning demand.

ConocoPhillips has officially sanctioned the development of the second train at its Australia Pacific LNG facility after Kansai Electric signed a new supply deal.

Australia Pacific LNG have signed a 20 year LNG supply deal with Kansai Electric, the agreement shows the strength of demand for LNG in the Asian market and shows the potential for Australian LNG market to grow.

A terminal for liquefied natural gas, LNG, could be completed in Gothenburg, the largest port in Nordic region, as early as 2015.