LNG

The Danish government has stuck to its forecast of an 8% decline in oil production for 2012.

Statoil has revealed that a gas leak occurred at the company’s Norwegian North Sea Heimdal platform.

Spanish company Repsol has revealed major plans designed to increase growth through extensive use of the company’s upstream wing over the next four years.

BP yesterday signed a MoU to provide long-term LNG supply to Indonesia’s state electricity company.

Russia’s giant Shtokman field is to switch its production to LNG and begin focusing on Asian markets instead of Europe.

CNPC and China Shipping have signed an agreement to work together on the transportation and marketing of oil and gas products.

Australia Pacific LNG as secured US8.5 billion in loans to underpin the development of its CSG to LNG project.

Ng Weng Hoong, LNG Industry Correspondent, discusses the disparity between the Henry Hub price and the Asian LNG price.

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 has confirmed the cancellation of ten LNG shipments to Argentina due to a breach of contract by Enarsa.

Shell, KOGAS, Mitsubishi Corp. and PetroChina have formally announced that they will be developing an LNG export facility near Kitimat, British Columbia.

Southern LNG has filed an application with the US DOE to export LNG from its Elba Island LNG import terminal in Savannah.

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 has announced that it has made a giant natural gas discovery offshore Mozambique.

The British company, BG Group has announced another gas discovery at the Mzia-1 well in Block 1 offshore Tanzania.