LNG

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.

Technip has been awarded the services contract for the Ichthys LNG FPSO facility.

Tokyo Gas looks to begin construction of Hitachi LNG terminal in July 2012.

ConocoPhillips has resumed exporting LNG from its Alaskan LNG plant due to increased demand form Japan.

Exxon Mobil is to cease its shale exploration activities in Poland in a move that will come as a heavy blow to the country’s ambitions of reducing its dependence upon Russia.

A consortium made up of NYK line, Mitsubishis Corp and TEPCO have signed a deal to take an equity stake in Wheatstone LNG with Chevron.

LNG export opponents have sent a letter to US President Obama.

Dart energy has announced that it is carrying out early commercialisation work on its Liuling coal seam gas project in China and expects to start initial gas sales in the first half of 2013.