Regasification

Woodside Petroleum’s CEO has put off a final investment decision on the planned expansion of Pluto LNG, but has stated that plans are afoot for further expansion.

Woodside has made new gas discoveries at its Alaric-1 exploration well, reviving hopes that the planned expansion of its Pluto regasification terminal may go ahead.

DONG Energy has signed a supply agreement with IBERDROLA for the supply of 1 billion cubic metres per year of LNG.

IndianOil signs MoU with TIDCO to set up an LNG regasification terminal and gas driven power plant at Ennore in the Bay of Bengal.

Yemen’s foreign minister has reiterated his countries desire to renegotiate its long term LNG supply contract with Korea Gas Corp.

Power shortages in France could have a knock-on effect on the UK energy market due to cross channel ownership of UK power stations.

Chevron has signed an HOA with KOGAS for LNG delivery from the Wheatstone project fro the next 20 years.

A European consortium has signed the contract to build Poland’s first ever LNG terminal.

Shell has signed a long term SPA agreement with Osaka Gas, to supply 800,000 tpa of LNG.

A consortium of investors led by EXMAR are planning to build an LNG importation terminal in Jamaica by 2012.

Yemeni ministers have met with the South Korean Ambassador to Yemen to inform him that they wish to renegotiate the selling price of Yemeni LNG.

Cheniere has announced the closure of the sale of it’s stake in Freeport LNG to ZHA FLNG Purchaser.

South America is investing heavily in LNG to secure energy supply and potentially earn export dollars sending LNG to the lucrative North American market.

The Annual Energy Outlook presents a projection and analysis of US energy supply, demand, and prices through 2035.

Pakistan’s Supreme Court has nullified a deal between Pakistan’s Petroleum Ministry and GDF Suez for the supply of LNG after it emerged a lower bid was not even considered.