LNG

The South Hook terminal has commissioned the final stages of the terminal’s equipment, effectively doubling capacity at the plant in Milford Haven.

Yemen has placed a second train online at the Balhaf facility, boosting its LNG production capacity considerably.

JP Morgan and Cheniere Energy have entered into a two-year partnership involving the Sabine Pass terminal.

A contract made between GDF Suez and Pakistan’s Petroleum Ministry has become mired in scandal after it was revealed a lower bid was ignored.

China has signed a deal with Shell to exploit its domestic shale gas reserves, which, if successful could turn Chinese energy policy on its head.

China National Offshore Oil Corp. (CNOOC) has signed an agreement with BG Group of Australia for the purchase of 3.6 million tpy of LNG for the next 20 years.

LNG terminal on Croatia’s Adriatic coast finally receives environmental approval.

Qatar has agreed to supply an additional 4 million tpa of LNG to India by 2014.

The Indonesian government is looking for South Korean investors to back three new floating LNG terminals.

Australia’s Arrow Energy has accepted an improved takeover bid from Royal Dutch Shell and PetroChina worth a reported AU$ 3.44 billion (US$ 3.14 billion). The takeover is subject to approval by Arrow shareholders and Australian authorities.

Leading oil and gas executives from the APAC region meet to discuss ways of competing with production from the MENA region.

Arrow Energy is set to reject a take-over bid from a company jointly owned by Royal Dutch Shell and PetroChina.

Drevna testifies on US chemical safety law before Senate subcommittee.

Westside Corp. has announced a joint venture with Mitsui & Co. to develop the Dawson Seamgas fields.

In the Spring issue of LNG Industry magazine, Lucy Miller, Douglas-Westwood, considers current and future prospects for the LNG sector.