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January 30th, 2012 LNG Headlines

Cheniere and KOGAS Sign 20-Year LNG Sale and Purchase Agreement - Cheniere -  KOGAS signs SPA that commences with the third train at Sabine Pass KOGAS contracts for approximately 3.5 million tonnes per annum of LNG Cheniere has now completed commercial contracts for four trains at Sabine

Over $1 Billion in New Orders Announced at 2012 GE Oil & Gas Annual Meeting - BusinessWire -  GE will supply a wide range of equipment and services for the Ichthys LNG project in Western Australia, being developed by INPEX Corporation and Total.

GE Oil & Gas Launches Micro LNG Integrated Plant - GE - New Technology Meets Needs of Small-Scale, Remote Locations. Produces 50-150 K/Tons per Year of LNG. Supports Growing Global Demand for LNG, a Cleaner Fuel Option

General Electric Company : GE Oil & Gas Completes Tests on First LNG Compressor Train for Australia’s Milestone Gorgon Project - 4 traders press release - GE Oil & Gas Completes Tests on First LNG Compressor Train for Australia's Milestone Gorgon Project

UK spot, curve gas surge as temperatures plunge Reuters Africa A drop in liquefied natural gas (LNG) shipments since the start of 2012 has curbed send-out from Britain's biggest terminal South Hook, in Wales,

Nigeria LNG in talks to raise $1 bln to buy six ships Reuters Africa -  Nigeria Liquefied Natural Gas Company (NLNG) is looking to raise $1 billion in international markets to acquire six LNG carrier ships

Nigeria LNG plans to raise USD1b to acquire 6 carrier ships Middle East North Africa Financial Network - (MENAFN) Nigeria Liquefied Natural Gas Company (NLNG) said that the firm is going through discussions to raise USD1 billion to buy 6 LNG carrier ships for

NLNG seeks $1b loan to boost gas transport Daily Times Nigeria - BGTL currently has 24 LNG ships for its gas exports, and will use the loan to acquire six new carrier ships. The General Manager, External Relations of NLNG

Gazprom Expansion of Sakhalin-2 LNG Plant May Cost $7 Billion BusinessWeek A decision should be made this year to reach a window for supplies in 2016 to 2018, before global LNGproduction capacity rises, according to Galaev

Country to Reign in Natural Gas Production AllAfrica.com - The "geographic location is almost perfect for LNG" shipments eastbound, the Exxon Mobil CEO said. Mozambique and Tanzania may eventually rival Qatar and

Woodside browses on $1.6bn deal The Australian - On Citi's modelling, the price would be lower than Origin Energy's sell-off of its Queensland LNGproject to China's Sinopec, but more than Santos's deal

Thiess and Besix to develop $260m Onslow LNG port The Australian "This partnership creates a new specialist marine capability to support the booming LNG sector and continues our involvement in the industry," Thiess

Poisoned fish blur compo for LNG plant The Australian - The claim filed yesterday is based on a condition of the LNG plant approvals, granted two years ago by the Queensland government's Co-Ordinator General,

Cryogenic engg co INOX plans $20-m buy in Europe Hindu Business Line INOX already has seven such customers of “virtual pipeline” (mobile LNG facility) in ... With the emergence of new LNG terminals at Mundra (Gujarat)

US LNG Exports Won't Raise Gas Prices, At First AOL Energy - That has led producers to eye Asian markets where LNG commands five times the US price. The EIA, in a study just completed for DOE, estimates that 60% to

Gazprom To Test LNG on Northern Sea Route Oil and Gas Industry Latest News - In the very near future we will conduct test sailing with LNG on the Northern Sea Route, Gazprom says. The shipping operations will be conducted together

Statoil Increases Snøhvit Gas Estimates Oil and Gas Industry Latest News - Gas from the field is pumped from the underwater installations in the Barents Sea to the HammerfestLNG plant. The increased estimates for the field could

Nigeria LNG in Talks for $1 Billion Funding for Shipping Unit BusinessWeek Nigeria Liquefied Natural Gas Ltd. is in talks with international bankers to raise $1 billion in funds to boost the LNG tanker fleet of

Clough Curtain JV awarded $145m work order for PNG LNG project ScandOil - The PNG LNG Project is an integrated development that includes gas production and processing facilities, onshore and offshore pipelines and liquefaction

Clough awarded $145M PNG contract Finance News Network The engineering and construction company's Clough Curtain Joint Venture will work on the PNG LNGproject, which is being developed by Santos Limited

Besix and Theiss win breakwater contract The Construction Index - The work is for Chevron-operated Wheatstone project, a liquefied natural gas (LNG) and domestic gas project in Western Australia. The JV is responsible for

Statoil announces more gas in the Snøhvit field Your Oil and Gas News Such expansion will either take place through increased LNG production capacity or ... An investment decision for potential LNG capacity expansion is thus

CNG, LNG station open in DeSoto Shreveport Times - LNG is liquefied natural gas that is in an uncompressed liquid form and stored as a cooled liquid. It's more often used for longer transports because it can 

Indonesia Pertamina to spend $1.96 bil over 2011-14 to build gas ... Platts - The work to be taken up includes floating storage and regasification units, a gas pipeline as well as well as the modification the Arun LNG plant.

Buy Petronet LNG, target Rs 185: Motilal Oswal MoneyGuru India -  Motilal Oswal has given a buy recommendation on Petronet LNG with a target price of Rs 185. Petronet LNG's December quarter Ebitda came in

Japan's LNG Unit Costs Rise 40% in December From Year Earlier Bloomberg - Japan paid 40 percent more for purchases of liquefied natural gas in December from a year earlier as volumes rose 13 percent, according to data from Japan's

Exxon Mobil to keep Japan LNG business intact MarketWatch - "We believe Japan is a promising market" for LNG, Sherman Glass, vice president of Exxon Mobil, said at a press conference. Exxon on Sunday announced a

Exxon exec: Japan stake sale won't affect LNG unit MarketWatch Glass said Japan is a very important LNG market for Exxon Mobil, and there will be no significant change in it for a foreseeable future

Leighton JV wins Wheatstone LNG contract MarketWatch - Leighton Holdings Ltd. said Monday a joint venture with Belgium's BESIX SA has won a A$260 million development contract

Leighton JV wins $260m Wheatstone contract The West Australian - Thiess managing director Bruce Munro said the partnership created a new specialist marine capability to support the booming LNG sector and continued the

Leighton JV Wins A$260M Contract For Wheatstone LNG Wall Street Journal -  Leighton Holdings Ltd. (LEI.AU) said Monday a joint venture with Belgium's BESIX SA has won a A$260 million development contract for the

Leighton/Theiss JV wins Wheatstone contract Creamer Media's Mining Weekly - Thiess MD Bruce Munro noted that the partnership with Leighton created a new specialist marine capability to support the booming LNG sector and continues

Thiess and BESIX SA to develop port in Onslow for Wheatstone project Perth Now - The site of the new port being built for Chevron's LNG Wheatstone project near Onslow. Picture: Ben Crabtree Source: Supplied Future site of the material .

US to become LNG exporter by 2016 Trinidad Guardian -  This would make the United States a net LNG exporter by that year. US President Barack Obama, in his State of the Union address on Tuesday, called for an

Chevron books reserves for Wheatstone The West Australian - Chevron has booked its first reserves for the Wheatstone LNG project and reinforced expectations that it will begin initial engineering work on a

Pertamina's $1.96b Spending Plan to Boost LNG Output Jakarta Globe - It's extremely unfortunate that the ridiculously low-priced LNG supplied by the Tangguh LNG facility under LNG sales contracts with Chinese customers

Energy Management System by ABB for New Viking Line Cruise Ferry Maritime propulsion ... Line – claimed to be the world's largest passenger ship to be powered by LNG – due for launch from the STX shipyard in Turku, Finland early next year.

Obama praised for supporting natural gas as transport fuel Modern Bulk Transporter - Kolodziej made his comments January 26 during World LNG Fuels 2012 in Houston TX. He added: “We commend the President for recognizing the very real and

Chevron: The Importance Of The Gorgon Project Seeking Alpha - Firstly it diversifies its energy resource base by building its LNG assets ... The consumption of LNG as an energy commodity is equally as important to

Natural gas fuels race to China National Post - In the past year, several global companies jumped in with similar plans to export LNG to Asia from the Kitimat area, the end point of Douglas Channel,

LNG Terminal to be ready by October IBNLive.com - KOCHI: The much-awaited Kochi liquefied natural gas (LNG)terminal will be operational by October 2012, according to GC Chaturvedi, chairman of Petronet LNG

Invest in LNG, not Alberta oil Montreal Gazette - Haisla Nation has been weighing the benefits and risks of LNG projects for more than 20 years. We have studied the safety history of LNG pipelines,

LNG Trade Is About To Take Off Seeking Alpha Over the past two years, I have discussed at length the benefits of the coming US trade in liquefied natural gas (LNG). Exporting LNG will offset the glut

Petronet LNG plans terminal in AP The Hindu - Petronet LNG will set up its third terminal at Gangavaram in Andhra Pradesh. The decision to set up a greenfield project was taken at the company's board

Chinese eye stake in Browse LNG project Business Spectator - With Woodside Petroleum seeking to sell off the majority of its stake in the massive Browse liquefied natural gas project, Chinese interests are reportedly

Dominion CEO: Expects To Get Natural-Gas Export Permit In 2012 Fox Business - But with the US boom in natural-gas production, Dominion, Cheniere Energy Inc. (LNG) and other companies have sought to modify their terminals to export

Petronet LNG to set up third terminal in India Economic Times KOCHI: Petronet LNG Ltd is planning to set up its third terminal in the east coast of India. After the terminals at Dahej and Kochi in the west coast

Petronet LNG plans third terminal on East coast Hindu Business Line - Petronet LNG Ltd wants to set up its third terminal on the country's east coast, and has zeroed in on Gangavaram Port in Andhra Pradesh for the Greenfield

Chinese likely to buy 25pc of Browse The Australian - CHINESE interests are in talks to acquire up to 25 per cent of the massive Browse liquefied natural gas project, as Woodside Petroleum attempts to sell down

Gladstone pipeline a first for Australia ABC Online "The LNG proponents on the island were going to have to meet their water needs by desalination which would result in brine having to be put into the harbour," he says. "They would also have some waste water

Monadelphous' $180m water, pipelines win - Perth Now - ENGINEERGING firm Monadelphous Group has won about $180 million worth of contracts in Western Australia for infrastructure work on behalf of global miner Rio Tinto and US-based energy major Chevron.