Australia Pacific LNG get 8.5 billion dollar financing for projects
Australia Pacific LNG as secured US8.5 billion in loans to underpin the development of its CSG to LNG project.
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A tale of two gas markets
Ng Weng Hoong, LNG Industry Correspondent, discusses the disparity between the Henry Hub price and the Asian LNG price.
Laing O’Rourke and Kawasaki win Icthys LNG storage tank order
Laing O’Rourke & Kawasaki have won the EPC contract to deliver a network of four storage tanks at the Ichthys LNG site worth US$ 34 billion.
Repsol confirms cancellation of LNG shipments to Argentina
Repsol has confirmed the cancellation of ten LNG shipments to Argentina due to a breach of contract by Enarsa.
Shell and partners formally announce Canadian LNG project
Shell, KOGAS, Mitsubishi Corp. and PetroChina have formally announced that they will be developing an LNG export facility near Kitimat, British Columbia.
Southern LNG applies for LNG export license
Southern LNG has filed an application with the US DOE to export LNG from its Elba Island LNG import terminal in Savannah.
Apache hits new reserves at its UK North Sea Beryl field
Apache Corp. has announced that it has found previously untapped reserves via an extension well, which is showing the highest production rates of any well drilled in the Beryl field since 2001.
Eni makes giant gas discovery offshore Mozambique
Eni has announced that it has made a giant natural gas discovery offshore Mozambique.
BG Group finds more gas offshore Tanzania
The British company, BG Group has announced another gas discovery at the Mzia-1 well in Block 1 offshore Tanzania.
Putin’s return to the Kremlin and implications for Russia’s energy future
The return of Vladimir Putin to the Kremlin has been heralded as something of a retrograde step in the development and liberalisation of Russia’s economy.
Total announces that Elgin gas leak has been stopped – Top kill successful
French company Total, has announced that the gas leak at the company’s North Sea Elgin platform has finally been stopped after a successful top kill operation lasting just 12 hours.
Obama not opposed to LNG exports
The Obama administration has stated that it is not opposed to exporting US LNG, although its opinion will depend upon official analysis used to determine whether more LNG export projects should go ahead.
FMC to supply loading arms to Prelude FLNG
FMC Technologies has signed an agreement with Technip to supply loading arms as part of the Shell Prelude FLNG project.
Chesapeake obtains US$ 3 Billion loan – pressure on McClendon increases
Chesapeake Energy Corp has announced that it has received a loan worth US$ 3 billion from Goldman Sachs and Jeffries Group that should provide the company with short-term financial flexibility. The company’s CEO, Aubrey McClendon continues to face intense scrutiny over his financial activity.
Wheatstone LNG to supply Tohoku Electric
Chevron and Tohoku Electric have signed a preliminary agreement to sell 1 million tpy of LNG to the company for 20 years.