Natural gas news

PAO NOVATEK has announced that its subsidiaries, OOO Arctic LNG-2 and OOO NOVATEK-Yurkharovneftegas, have obtained new license areas in the Yamal and Gydan peninsulas.

Wison Offshore & Marine Ltd has announced that it has received approval in principal from Bureau Veritas for its new large scale floating LNG storage and regasification terminal.

Alaska Gasline Development Corp. has announced that it has qualified as a tax-exempt political subdivision of the State of Alaska under new and more stringent proposed IRS regulations.

Toshiba America Inc. has released a statement announcing the formation of Toshiba America LNG Corp. – a new operating company that will focus on the LNG market.

British wholesale gas prices fell on 1 August due to higher Norwegian and LNG supply and lower exports.

ExxonMobil has announced that it no longer wishes to continue further discussions or activity involving the country's East Natuna natural gas block.

Wood Group has secured a front end engineering and design contract with Gastrade S.A. for the Alexandroupolis Independent Natural Gas System, located offshore Greece.

Ophir Energy plc has announced that it has signed a new US$250 million reserve based lending facility secured against the group’s producing assets in Southeast Asia.

Centrica Storage Ltd has announced that it will permanently shut the Rough facility in the North Sea – Britain’s largest natural gas storage site.

Wood Group has announced that it has secured a new contract with Woodside to support the execution of phase two of their Greater Western Flank project.