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April 28th, 2011 LNG Headlines


Croatia says cannot wait for Adria LNG
Reuters Africa
- Croatia cannot wait much longer for a decision on the northern Adriatic liquefied natural gas (LNG) terminal and is ready to move on its own, its top energy official said on Thursday. "The Adria LNG project is ...

Japanese LNG imports rise UPI.com - ‎ The amount of liquefied natural gas imported by Japan was up slightly from February but generally down for the year, government data indicate. Japan is the fourth-largest energy consumer and the top importer of LNG, ...

Japan's March LNG imports up 6.6% on month to 6.67 million mt Platts - ‎Japan's March LNG imports were up 6.6% from February to 6.67 million mt but down slightly by 0.6% year-on-year, customs data released Thursday by the Ministry of Finance showed. The largest exporter to Japan was Malaysia, providing 1.56 million mt, ...

Global LNG-Asian LNG prices above $12 on summer demand Reuters - Asian spot prices of liquefied natural gas were seen around $12.30 per million British thermal units (mmBtu) this week, with the high-demand summer months approaching and buying ...

Origin may sell another gas stake The Australian - ORIGIN Energy could sell another 7.5 per cent stake in the Australia Pacific LNG project, potentially netting itself a further $US750 million ($693m) to put towards the project, but reducing its stake to 35 per cent. Analysts briefed by the company ...

Santos increases stake in gas project The Australian - Santos chief David Knox has said he was not keen on that option and would instead prefer to use the gas for domestic gas supply or to pipe to Queensland for potential expansion of the recently approved Gladstone LNGproject.

Petronet's Dahej Gets Spot LNG Cargo From Oman, Ship Data Show Bloomberg -  Petronet LNG Ltd. (PLNG)'s Dahej terminal on India's west coast received 62000 metric tons of liquefied natural gas yesterday, according to ship transmissions on Bloomberg and vessel fixtures on ...

APLNG and Sinopec sign $A90 billion LNG deal Gas Today - ‎Australia Pacific LNG (APLNG) and China Petroleum and Chemical Corporation (Sinopec) signed a sale and purchase agreement for the supply of 4.3 MMt/a of LNG for 20 years, starting in 2015, from APLNG's LNG facility to be located on Curtis Island, ...

Bligh announces LNG ferries for Curtis Island Gas Today - ‎Hemmant-based Aluminium Boats Australia have been awarded a $21 million contract by the Queensland Government to build 3 ferries to transport LNG workers from Gladstone to Curtis Island. Queensland Premier Anna Bligh will govern the state from ...

Japan's NEXI Provides Insurance For Donggi-Senoro LNG Project NIKKEI.com Government-run Nippon Export and Investment Insurance said Thursday that it will provide an insurance policy for JGC Corp. (1963) to cover an engineering, procurement and construction contract the Japanese plant maker won in January ...

BHP Billiton plc (LON:BLT) LNG Future? eMoneyDaily - BHP Billiton plc (LON:BLT)'s chief has showed interest in becoming a liquefied natural gas provider in the long run. Amid speculation that the company is focusing on Woodside Petroleum, the chief said in an interview that BHP Billiton plc (LON:BLT) ...

Buy Petronet LNG, target price Rs 155: IIFL MoneyGuru India The company reported 67.1 per cent YoY jump in net sales driven by a 23.5 per cent jump in volumes. By STAFF WRITER IIFL has given a buy recommendation on Petronet LNG with a target price of Rs 155. The company reported 67.1 per cent YoY jump in net ...

BHP interested in becoming LNG operator: report MarketWatch BHP Billiton Ltd. (NYSE:BHP) would like to become a liquefied natural gas operator in time, the Australian Financial Review reported Thursday, citing Chief Executive Marius Kloppers. ...

Petronet LNG to diversify into power business Moneycontrol.com - ‎Petronet LNG touched an intraday high of Rs 134.75 and an intraday low of Rs 132.10. At 11:19 hrs the share was quoting at Rs 132.65, down Rs 0.95, or 0.71%. The company is going to diversify into power, city gas plans a 1200 mw plant at Dahej & likely ...

Brisbane builder wins multi million dollar contract for LNG ferries Media Newswire (press release) - ‎A south-east Queensland boat builder has won a multi-million dollar contract to construct passenger ferries that will transport the Gladstone workers who will form the backbone of the state's most important emerging industry. A south-east Queensland ...

Indian LNG Imports Set to Reach 20 Billion Cubic Meters by 2020 SBWire (press release) - ‎Indian LNG imports are anticipated to grow at a CAGR of over 3% during 2010 - 2020, says a new research report from RNCOS. Noida, UP -- (SBWIRE) -- 04/27/2011 -- According to our research report “Global LNG Market Analysis”, the global market for LNG ...

Strong Australian dollar to help build cheap LNG export terminals, says Origin ... The Australian - THE Australian dollar's charge to a 29-year high is a boon for the country's gas industry, making giant export terminals cheaper to build, says the chief executive of Origin Energy, Australia's biggest utility. More than $100 billion of investment is ...

Clayton Utz congratulates Australia Pacific LNG on milestone Sinopec deal Clayton Utz - ‎Sydney, 28 April 2011: Clayton Utz has congratulated Australia Pacific LNG (APLNG) on the signing of its major liquefied natural gas (LNG) supply contract with China's Sinopec Group, a significant milestone for the APLNG joint venture for which Clayton ...

BHP Billiton eyes LNG interests Finance News Network BHP Billiton Ltd's (ASX:BHP) chief Marius Kloppers has admitted the global miner would be interested in becoming a liquefied natural gas (LNG) operator in the long term. Speaking to the Australian Financial Review from Beijing, Mr Kloppers said given ... 

Inpex Announces Agreement On Vladivostok LNG Joint Study Oil and Gas Industry Latest News Japan Far East Gas Co., Ltd., newly established by INPEX, ITOCHU Corporation, Japan Petroleum Exploration Co., Ltd., Marubeni Corporation and ITOCHU Oil Exploration Co., Ltd., has signed an agreement on the implementation of a joint study (Joint Study) ...

Origin shares lift after Sinopec LNG deal Finance News Network Yesterday shares in Origin Energy (ASX:ORG) lifted in the first day of trading since the company announced its multi-billion dollar liquefied natural gas deal with China Petrochemical Corporation last week. China's Sinopec has agreed to buy 4.3 million ... 

BHP says long run interest in becoming LNG operator -report Reuters Africa - ‎BHP Billiton would be interested in becoming a liquefied natural gas operator in the long term, its chief said in an Australian media interview, amid speculation the top global miner was eyeing Woodside Petroleum . ...

LNG Energy hires Polish country manager PennEnergy- Energy News (press release) - ‎LNG Energy Ltd., Vancouver, BC, has hired Patrycja Kujawa as manager, commercialization and business development in Poland, based in Warsaw. Kujawa has been actively conducting economic business development and market ...

GUEST OPINION: Local earthquake risk another reason LNG is a bad idea Fall River Herald News Weaver's Cove Energy, a subsidiary of the Hess Corporation, has proposed an off-loading facility in Mount Hope Bay, in northeastern Narragansett Bay, to connect with storage facilities in Fall River via submarine pipe. ...

Gazprom and Japanese Consortium Agree to Look into Potential LNG Plant ... VAdvert Press Center (press release) - ‎The Gazprom headquarters hosted a working meeting between Alexander Ananenkov, Deputy Chairman of the Company's Management Committee and Yoshio Matsukawa, President and CEO of Japan Far East Gas Co., Ltd (Japan). The parties signed the Agreement on the ...

Petronet LNG Q4 profit surges 112 percent Calcutta Tube India's largest liquified natural gas importer Petronet LNG said Tuesday its net profit more than doubled to Rs.206.27 crore in the fourth quarter of 2010-11. The company has posted a net profit of Rs.206.27 crore (Rs.2062.75 ...

More positives in LNG terminal Coos Bay World - A recent letter published concerning the negative to liquefied natural gas and as to where the monies of profit to Canada go. Well, the way I see it is with every project mankind takes on there are pluses and minuses and in this particular case, ...

Australia Pacific LNG and Sinopec Sign Binding Agreements for LNG Supply and ... VAdvert Press Center (press release) - ‎Australia Pacific LNG Pty Ltd (“Australia Pacific LNG”) and China Petroleum & Chemical Corporation (“Sinopec”) today signed a Sale and Purchase Agreement for the supply of 4.3 million tonnes per annum of LNG for 2

Nexen Inc. sees future n liquefied natural gas Calgary Herald - "LNG offers a solid monetization opportunity," said chief executive Marvin Romanow to reporters after the company annual meeting Wednesday. Production in BC would be a given to move to Asian consumers, particularly as North American markets are flooded ...

APLNG and Sinopec sign $A90 billion LNG deal Gas Today - ‎Australia Pacific LNG (APLNG) and China Petroleum and Chemical Corporation (Sinopec) signed a sale and purchase agreement for the supply of 4.3 MMt/a of LNG for 20 years, starting in 2015, from APLNG's LNG facility to be located on Curtis Island, ...

GOLAR LNG LIMITED - Further Acquisition of Golar LNG Energy Shares Reuters Golar LNG Limited ("Golar" or the "Company") has through transactions executed April 27 th acquired an additional 1830000 Golar LNG Energy Limited ("Golar Energy") shares at NOK 26.75 per share. This increases the Company's ownership of Golar Energy to ...

GOLAR LNG ENERGY LIMITED - Mandatory Notification of Trade Reuters (press release) - ‎Golar LNG Energy Limited ("Golar Energy" or the "Company") reports that after transactions executed today Golar LNG Limited has acquired an additional 1830000 Golar Energy shares at NOK 26.75 per share. Golar LNG Limited now owns 95.1% of the Company ...