wsce-banner

April 9th, 2012 LNG Headlines

Korea Electric Unit to Import LNG From Vitol Starting in 2015 Bloomberg A Korea Electric Power Corp. (KEP) unit signed a $3.4 billion agreement with Vitol SA to import liquefied natural gas for 10 years

S.Korea KOMIPO to import $3.4 bln LNG from Swiss Vitol Reuters Africa Korea Midland Power Co Ltd (KOMIPO) said on Monday it had agreed to import $3.4 billion worth of liquefied natural gas (LNG)

Kepco Unit Signs $3.4 Billion Deal With Vitol To Buy LNG Capital.gr The deal marks the first successful attempt by a Kepco unit at buying LNG directly from suppliers instead of purchasing through

Sabine overtakes BG's third train The Australian In BG's third-quarter outing in October, the only project mentioned in slides as a definite LNG growth option out to 2020 was a third production train at 

Settlement provides fresh start on LNG project Anchorage Daily News This doesn't mean an LNG project will actually happen. All the challenges are still there, including high Alaska costs, the

Tokyo Electric LNG usage last month totaled 2.07 million tonnes, up 17.3% from a year earlier. - Reuters - Tepco used 275500 kilolitres (189700 barrels per day) of crude oil and fuel oil combined in

Japan Fossil Fuel Imports to Rise as Nuke Power Restarts Delayed ... CNBC.com "We have seen the incremental demand for LNG imports shooting up quite a fair bit ... The LNG price in Japan now

JAPAN'S ENERGY IMPORTS CARRY BIG RISK U-T San Diego So far, Japan's drastic increase in fossil fuel imports, namely oil and liquefied natural gas (LNG), has kept the country from the short-term

Russia Can Liquefy All of Shtokman's Natural Gas, Interfax Says Bloomberg “Belief in LNG came back to our partners, and it never was leaving us,” Medvedev said in the Interfax report. Gazprom, which

Gazprom may reconsider its plans for Shtokman gas pipe China Post ... expand into super-cooled LNG, which can be delivered to the markets of Europe, the Middle East and Asia by tanker without

Gazprom may focus Shtokman on LNG Kyiv Post "'LNG-only' is being looked at as one of the possible decisions,"Alexander Medvedevsaid, the first time the firm has raised that possibility

UPDATE 1 - Gazprom may focus Shtokman gas project on LNG - CNBC - Gazprom may drop plans to pipe gas from the huge Shtokman field in the Barents Sea, focusing instead on producing liquefied

Gazprom flags Shtokman gas shift; Europe wary Reuters Africa Gazprom may instead focus on producing more easily transportable liquefied natural gas at the Barents Sea deposit, deputy chief

Tamil Nadu to build two LNG power plants Energy Business Review The government in Tamil Nadu, India has revealed plans to build two 500-MW LNG-based power plants with an investment of INR35bn

Why America's Missing Out on the Billion-Dollar Global LNG Game – Oilprice - So who is profiting the most right now – and who will profit most in the coming years? In short, it's Australia. 

Indonesia's Feb LNG exports drop 19% on month to 1.56 mil mt Platts Indonesia's February LNG exports fell 19.2% from January to 1.558 million mt, but was up 11.8% from the same

Bizarre Shortage in India during Global Gas Glut Economic Times (blog) Ras Gas of Qatar already supplies 7.5 million tons a year of LNG under ... Exxon, LNG and Shell have reportedly renegotiated

Tamil Nadu to set up 2 LNG power plants Business Standard The Tamil Nadu government is planning to set up two 500-Mw LNG-based power plants to address the electricity shortage in the state.

Coming up, more LNG terminals & capacity hikes Hindu Business Line - With dependence on imported natural gas (LNG) on the rise, interest in creating infrastructure at ports — such as terminals and

Oman LNG, Qalhat LNG in merger talks Omanet.com (press release) Oman LNG and Qalhat LNG, which together own the three liquefied natural gas trains at Qalhat near Sur, are discussing a possible

Halcro: Has Alaska's LNG ship come in? Alaska Dispatch Last Friday Governor Sean Parnell announced the three major oil producers on Alaska's North Slope will come together to study an LNG line

How Alaska may profit from Japan's nuclear divestment Alaska Dispatch Recently a contingent of Japanese officials came to Anchorage to discuss purchasing Alaska liquefied natural gas (LNG) for

The World's Largest LNG Supplier? Barron's By 2017 the US could be the largest exporter of liquefied natural gas in the world, surpassing leadingLNG exporters Qatar and Australia.

Latest LNG plan no improvement Asbury Park Press “Offshore LNG (liquid natural gas) poses unacceptable risks to the state's residents, natural resources, economy and security,” Christie said in a

Readser's View – Julian Neelagandan, Master Mariner MISC LNG Fleet Malaysia Star SPURS will have the upperhand as the race for a Champions League spot heats up. The victory over Swansea last

LNG: potential of arbitrage: Gas under spotlight - I Business Recorder (blog) The MPNR has been trying to implement the LNG import project for the last many years. Its high capital cost and even

Feds reject permit for Calais LNG, but developers say project isn ... Bangor Daily News Jeff Wright, FERC's director of energy projects, has notified the Calais LNG Project Company and the

State ferries seek $100M conversion to liquefied natural gas Puget Sound Business Journal Tanks of liquefied natural gas may top six state ferries. Plunging natural gas prices are also sparking interest in converting other ships, factories and

For Japan, shutting down nuclear plants brings surge in oil, gas imports – Washington Post - Officials from Tokyo are making trips to the Middle East, requesting increased shipments of oil. In the  

Japan Fossil Fuel Imports to Rise as Nuke Power Restarts Delayed: Deutsche – CNBC - Delays to the restart of Japan's nuclear power reactors may mean the country's already 'elevated' fossil fuel

Passamaquoddy LNG proposal pushes ahead CBC.ca We're still moving forward,” said Dean Girdis, president of Downeast LNG. The proposal by CalaisLNG for a billion dollar terminal in Calais, Me., 

As natural gas keeps falling, investor interest rises – particularly in China - NASDAQ - Year to date, it is off by 39.13%. For the last 52 weeks of market action, United States Natural Gas has fallen 63.76%.

Asian spot LNG prices slightly up to around USD 16 per MMBTU SteelGuru Asian LNG spot prices increased approximately by USD 1 to around USD 16 per MMBTU from about a month ago. At the end of

GPLNG withdraws request for approval without pre filing procedure  SteelGuru  TEX reported that Golden Pass LNG Terminal LLC, which runs Golden Pass LNG import terminal in Texas state, recently

Pakistan and Qatar in deadlock over LNG price SteelGuru A senior official of the Ministry of Petroleum and Natural Resources said that Qatar has refused to export LNG below the price of USD 18