News Topics: LNG & Trends

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PRL 15 JV Selects Key Infrastructure Sites for Elk-Antelope LNG Project
Friday, July 03, 2015 The PRL 15 Joint Venture selects key infrastructure sites for the Elk-Antelope gas field development in Papua New Guinea.

Samsung Heavy Industries Clinches $4.7B Contract to Build 3 FLNGs for Shell
Friday, July 03, 2015 South Korea's Samsung Heavy Industries clinches a $4.7 billion contract to construct three floating liquefied natural gas facilities for Shell.

WA's Browse FLNG Project JV Agrees to Enter FEED, FID Planned for 2H 2016
Wednesday, July 01, 2015 Partners in the Browse floating liquefied natural gas development off Western Australia agree to proceed with the front-end engineering and design phase for the project.

Golar, Perenco Reach Agreement on Commercial Terms of Cameroon FLNG Project
Wednesday, July 01, 2015 Golar LNG and Perenco reach agreement on the commercial terms of the floating liquefaction natural gas export project in Cameroon.

China's Slowing Gas Demand Raises Supply Concern in Australia
Tuesday, June 30, 2015 China's weakening appetite for super-cooled natural gas is raising concerns that the industry is facing a glut as global supply grows.

Australia's Origin Expects Chinese LNG Buyer to Fulfill Contract
Monday, June 29, 2015 Origin Energy expects Sinopec to fulfill its agreement to purchase liquefied natural gas from a $19 billion export project in Australia.

Polish Minister to Meet Builder Saipem on Delayed LNG Terminal
Monday, June 29, 2015 Polish treasury minister Andrzej Czerwinski will meet Italian construction firm Saipem next week to ensure a liquefied natural gas terminal opens in 2015 after numerous delays.

Russia's Gazprom Does Not Rule out Participation in Iran LNG Projects
Friday, June 26, 2015 Gazprom may take part in liquefied natural gas projects in Iran once sanctions against Tehran are lifted, according to Gazprom's deputy Chief Executive Officer Alexander Medvedev.

Icon Energy, Shantou Sino Energy Extend Deadline for Gas Sales Agreement
Friday, June 26, 2015 Australia's Icon Energy and China's Shantou Sino Energy extend completion date for a gas sales agreement.

Thai PTT in Deal with Ratchaburi to Expand into SE Asia Energy
Wednesday, June 24, 2015 PTT, Thailand's largest energy firm, says it had signed a contract with Ratchaburi Electricity Generating to study the possibility of investing in a liquefied natural gas receiving terminal in Myanmar.

Russia's Gazprom Says Answers on Sakhakin-2 Expansion to Come in 2016
Tuesday, June 16, 2015 Russia's Gazprom hopes to be able to answer questions about the expansion of the Sakhalan-2 liquefied natural gas plant next year.

First Steel Cut for PETRONAS FLNG2 Facility at SHI's Geoje Shipyard
Tuesday, June 16, 2015 PETRONAS reaches milestone for its floating liquefied natural gas 2 facility with first steel cut at Samsung Heavy Industries' shipyard in South Korea.

Alam Maritim Lands $13M Subcontract for PETRONAS' PFLNG 1 Facility
Monday, June 15, 2015 Alam Maritim lands $13 subcontract from PETRONAS for work on the Petronas floating liquefied natural gas 1 facility to be deployed off Sarawak, Malaysia.

Petronas to Advance Canada LNG Project Under Two Conditions
Friday, June 12, 2015 A Petroliam Nasional Bhd.-led group of companies elects to proceed with a $29 billion natural gas shipping project on Canada's Pacific Coast with conditions.

Spokesman: Gas Output from Total's Mahakam Block Seen Down 12.5% in 2016
Thursday, June 11, 2015 Total estimates gas output from the Mahakam block in Indonesia may decline by around 12.5 percent in 2016, amid a spending cut of at least 35 percent, a company spokesman says.

Wood Mackenzie: China Faces Weaker Gas Demand and Oversupply Till 2017
Wednesday, June 10, 2015 Wood Mackenzie says China will be faced with weaker gas demand and oversupply till 2017.

Official: Pertamina Interested in Stake in Inpex Abadi FLNG Project
Wednesday, June 10, 2015 Pertamina is interested in acquiring a stake in the Abadi floating liquefied natural gas project currently being developed by Inpex and Shell, an energy ministry official says.

Russia's Sakhalin LNG Plant to Start Maintenance in Mid-June
Tuesday, June 09, 2015 Production from Russia's Sakhalin II liquefied natural gas export plant will halve during a planned maintenance period from mid-June until mid-July, a spokeswoman for Sakhalin Energy said.

Tanzania Lifts Gas Resources Estimate to 55 Tcf
Monday, June 08, 2015 Tanzania's current natural gas reserves are at about 55 trillion cubic feet following new deep sea discoveries off its southern coast, the east African nation's energy minister says.

Woodside Muscling onto BG-Shell Turf with Global LNG Push
Friday, June 05, 2015 Australia's Woodside Petroleum is expanding its liquefied natural gas (LNG) business and aims to build a global supply network ahead of an expected surge in trading of the fuel, its chief executive says.

APA Completes $4.6B Acquisition of Australia's QCLNG Pipeline from BG
Thursday, June 04, 2015 APA completes $4.6 billion acquisition of the Queensland Curtis liquefied natural gas pipeline in Australia from BG Group.

IEA Sees Slower Rise in Global Gas Demand as Asian Markets Weaken
Thursday, June 04, 2015 Growth in natural gas demand will slow to an average 2 percent a year globally over the next five years, largely due to weaker than expected Asian markets, the International Energy Agency (IEA) says.

KBR Bags Near-Shore FLNG FEED Contract from Lloyds Energy
Wednesday, June 03, 2015 KBR bags a near-shore floating liquefied natural gas front end engineering design contract from Lloyds Energy.

Russell: Japan's Nuclear Plan is Bad News for LNG, Coal
Tuesday, June 02, 2015 The rise of China and India as energy importers has largely consigned Japan to the sidelines, but the world's third-largest economy still exerts significant influence in some markets.

Russia's Timchenko Confident Yamal LNG will be Finished
Tuesday, June 02, 2015 Gennady Timchenko, co-owner of Russia's second biggest gas producer Novatek, is confident the Yamal LNG project will be finished.

AMEC Foster Wheeler Bags Pre-FEED Contract for LNG Plant in Timor-Leste
Thursday, May 28, 2015 Amec Foster Wheeler bags a $3.8 million pre-FEED contract from the Timor-Leste government for the proposed liquefied natural gas plant in the country.

BMT Clinches Contract for Africa's First LNG Import Terminal in Ghana
Thursday, May 28, 2015 BMT clinches contract from Endeavor Energy for Africa's first liquefied natural gas import terminal in Ghana.

BG Takes Over Operational Control of QCLNG Plant in Australia from Bechtel
Friday, May 22, 2015 BG takes over operations of Queensland Curtis liquefied natural gas plant in Australia from Bechtel.

Woodside Urges Australia to be Prepared for Next LNG Phase
Wednesday, May 20, 2015 With Australia set to be the world's leading LNG exporter soon, Woodside's CEO Peter Coleman cautions the industry not to take the expected demand from Asia for granted.

Wood Mackenzie: Chevron, Inpex Gas Projects Face Delays
Wednesday, May 20, 2015 Chevron and Inpex face potential delays in starting liquefied natural gas projects in Australia, according to consulting firm Wood Mackenzie.

DNV Unveils New Unmanned FLNG Concept to Trim Cost and Enhance Safety
Tuesday, May 19, 2015 DNV unveils a new unmanned floating liquefied natural gas concept that trims cost and enhances safety at an industry conference in Australia.

BHP Puts Australian LNG Project With Exxon on Back Burner
Monday, May 18, 2015 BHP Billiton is putting its Scarborough liquefied natural gas project with ExxonMobil in Australia on the back burner amid lower prices and increasing competition from the US.

Philippines' First Gen Readies Plans for $1B LNG Import Terminal
Wednesday, May 13, 2015 The Philippines' First Gen Corp says construction of its $1 billion LNG terminal should begin by next year to ensure unhampered operation of its power plants when the country's Malampaya natural gas fields run dry in the next decade.

TransCanada Says Leak on Alberta Natural Gas Pipeline Shut In
Tuesday, May 12, 2015 TransCanada says a natural gas leak on a section of a TransCanada Corp pipeline near Medicine Hat, Alberta, has been safety shut in.

U.S. Gives Final Approval to LNG Exports from Corpus Christi
Tuesday, May 12, 2015 The U.S. Energy Department gives final approval for Cheniere to export liquefied natural gas from its plant in Corpus Christi, Texas.

DNV Wins KOGAS' Technology Qualification Contract for Liquefaction Plant
Tuesday, May 12, 2015 DNV GL Korea wins a technology qualification contract from Korean Gas Corp. for a front end engineering and design package for an onshore liquefaction plant.

Novatek Co-owner Says CNPC Not Planning to Increase Stake in Yamal
Friday, May 08, 2015 Gennady Timchenko, co-owner of Novatek, says China National Petroleum Corporation is not planning to increase its stake in the Yamal LNG project.

BG Says Still Happy With Shell Bid As Oil Price Rise Boosts LNG
Friday, May 08, 2015 BG Group is still happy with Shell's $70-billion takeover bid in spite of the recent upturn in oil prices leading it to increase its profit outlook.


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