LNG

Algeria has asked fellow GECF members to curb production to alter the prices of gas into an upward curve.

Solomon Associates shares the four most common mistakes energy companies make in designing a new facility.

Azerbaijan, Georgia and Romania have signed a memorandum of understanding to transport LNG into the EU in a project that could be finalised sooner than the Nabucco pipeline.

The E.Timor government has barred Woodside’s plans for an FLNG terminal or a land based terminal in Darwin to process gas from the Greater Sunrise field.

Icon Energy has signed a memorandum of understanding to supply China with LNG, the move has sparked a massive increase in the company’s share price.

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.