wsce-banner

March 8th, 2012 LNG Headlines

Tokyo Electric more than triples oil burn in February Reuters - LNG usage last month totaled 1.97 million tonnes, up 24.3 percent from a year earlier but down from 2.11 million tonnes in January.

UK gas curve rises with oil, LNG supply worries Reuters "In the UK, we see upside for Winter 2012/13 gas prices to rise to contract levels above 90/pence per therm on reduced LNG flows and higher

BAM Clough receive LOI for Ichthys Jetty project – Clough - BAM Clough Joint Venture has received a Letter of Intent (LOI) from JGC Corporation, KBR and Chiyoda Corporation joint venture (JKC JV), for a

US LNG Not Japan's Cure-All Wall Street Journal At present, the Japanese government, utilities and trading companies are trying to secure US LNGwhile changing the pricing model that ties LNG prices

UK, Ever Reliant on Gas, May Have Supply Strangled Wall Street Journal (blog) Last year, LNG imports made up a quarter of UK gas supply. Now Qatar, which has supplied much of the

Fuel import: Qatar quotes hefty price for its LNG PakTribune.com - ISLAMABAD: Qatar has demanded $18 per Million British Thermal Unit (mmbtu) for LNG import to Pakistan, a price that seems to

Qatar signs 20-year LNG deals with Asia Edmonton Journal - High gas prices in Asia - about four to five times higher than the price of North American natural gas - are fuelling a rush to new LNG projects

Lithuania is planning to buy Polish gas out of spite for Russian ... Baltic Review - ... integrate Baltic States into EU gas market as well as provide access to the global LNG market via the LNG terminal in

Energy exports surge in value Herald Sun Commodities with significant increases in export earnings were iron ore, 20 per cent to $59.3 billion; thermal coal, 18 per cent to $15.6 billion; and LNG,

Japan imports spot LNG from Atlantic Basin at USD 17 in Jan SteelGuru According the LNG import statistics by port in January 2012, which was announced by the Ministry of Finance Japan, spot cargoes

IOCL and Dhamara port in pact for LNG terminal SteelGuru - A senior DPCL official said that “A Memorandum of Understanding has been signed between DPCL and IOCL for the development of

Gas hub bungle embarrassing: Dodson ABC Online Mr Dodson described the recent bungling of the process to compulsorily acquire the land for the LNGhub at James Price Point as embarrassing for the

Buccaneer Energy says its new Kenai gas well will produce Alaskajournal.com - That facility is now in a suspended state but the making of LNG from gas will resume in April or May in anticipation

Broadwater abandons LNG project in Long Island Sound TheDay.com - Broadwater has not begun any aspect of the construction, and “has determined not to go forward with any aspect of

US LNG exports won't affect global indexing to oil prices ... Platts - Indexing LNG prices to oil continues to be vital to the LNG industry and planned exports from North America that would be more

US Excelerate Energy plots first offshore US LNG export project ICIS The US Gulf project reveals more details to Excelerate's LNG production plans after the company announced a year ago that it would

CERA: U.S. weighing LNG exports FuelFix (blog) - The LNG carrier, a tank ship designed for transporting liquefied natural gas, "Arctic Voyager" is towed into port. (Photo: Lex Van Lieshout, Getty

Shell CEO talks natural gas revolution at CERAWeek Oil & Gas Financial Journal - LNG holds tremendous promise as a cleaner transport fuel. As an alternative to diesel, it's a smart way to reduce

TOTAL Expands Operation In Yemen Daily Markets - TOTAL is also the largest share holder of Yemen LNG with a 39.62% interest. The current acquisition will further increase its yield from Yemen.

US LNG exports would keep gas bubble from becoming a 'sausage ... Platts - "US LNG exports can prevent another boom-or-bust situation or another gas sausage and could allow the creation of a truly

Politics stymie Gulf's hope of sharing Qatari gas Calgary Herald - Long before Qatar spent billions of dollars on building the world's biggest liquefied natural gas (LNG) plants to export the fuel, it began

Italy pledges investigation after BG gives up on Puglia project ... Telegraph.co.uk - By Nick Squires, in Rome The British firm announced this week that it was shelving plans to build a liquefied natural gas

Shell, Southwestern Say Low Prices May Slow Gas Output Expansion Bloomberg - “It wasn't so long ago that gas prices were still at a level where everybody was ... Exports of liquefied natural

CSG exploration continues in QLD with spudding of Kato-2 Your Oil and Gas News (press release) - ... the coal seam gas potential of the coals of the Walloon Coal Measures which are the target