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Transportation 2008 P15

  • 12/16/2008 -- Aussie LNG producers win on emissions trading
    Australia's LNG producers and refiners have emerged from the government of Prime Minister Kevin Rudd's emission trading scheme proposals unexpectedly better off than first expected.
  • 12/16/2008 -- IEA: Floating oil storage capacity on the rise
    Abundant oil supplies in a decreasing market and dropping tanker freight rates have combined to form an increase in floating storage, said International Energy Agency in its monthly oil market report.
  • 12/16/2008 -- Gazprom to plan gas transport, storage in Europe
    Gazprom Vice-Pres. Alexander Medvedev indicated in Paris Dec. 12 that the company is interested in acquiring gas transport and distribution assets in France and other areas of Europe.
  • 12/17/2008 -- Pakistan plans $1 billion TAPI, IPI gas storage
    Pakistan says it will require $1 billion to build underground storage for gas to be imported from Iran and Turkmenistan, according to the country's petroleum ministry and the Asian Development Bank.
  • 12/17/2008 -- Gran Tierra defers Colombian pipeline project
    Gran Tierra Energy Inc., Calgary, has deferred a 100-km pipeline project in Colombia connecting Costayaco field to the Orito gathering facilities.
  • 12/18/2008 -- LNG firms struggle with investments in volatile market
    Gas companies are uncertain whether to make LNG investments as gas demand falls due to high prices and the economic downturn, speakers said at the CWC LNG summit in Barcelona.
  • 12/18/2008 -- Sorgenia to regasify LNG off Italy
    Private Italian energy firm Sorgenia SPA has awarded a contract to Torp Technology AS to develop an offshore Italian receiving and regasification terminal that could start operations by 2014. The as-yet-undetermined import site would be off central or southern Italy.
  • 12/19/2008 -- CFTC seeks comments on proposal to extend its regulatory authority
    The US Commodity Future Trading Commission sought comments on Dec. 11 about proposed rules which would extend its enforcement to markets which are currently exempt.
  • 12/19/2008 -- FERC issues final EIS for proposed LNG project near Baltimore
    The Federal Energy Regulatory Commission's staff identified additional adverse environmental impacts as it issued a final environmental impact statement on Dec. 5 for a proposed liquefied natural gas project outside Baltimore.
  • 12/19/2008 -- Palomar files application for Oregon pipeline
    Palomar Gas Transmission LLC, a joint venture of TransCanada Corp. and Northwest Natural Gas Co., filed an application with the US Federal Energy Regulatory Commission for a certificate to build and operate a 217-mile, 36-in. natural gas interstate transmission pipeline in Oregon.
  • 12/19/2008 -- New wave of LNG planned; spot prices to recede
    Global LNG production will ramp up in 2009, driving international spot prices lower, according to Waterborne Energy, Houston, which tracks and analyzes world LNG markets.
  • 12/19/2008 -- Italian gas pipeline from Sillaro field completed
    Italian national gas pipeline grid operator, Snam Rete Gas has completed the first pipeline to take gas produced by Australia's Po Valley Energy Ltd. to markets in northern Italy.
  • 12/21/2008 -- TAQA, Gazprom sign MOU for Bergermeer project
    Gazprom Export and TAQA Energy BV., a wholly owned subsidiary of Abu Dhabi National Energy Co., signed a memorandum of understanding to partner in Europe's largest new gas storage project in the Netherlands, the Bergermeer gas storage.
  • 12/22/2008 -- Santos lets FEED contract for CSM-fed LNG plant
    Santos Ltd. hired Bechtel as its front end engineering and design contractor for a proposed 3.5 million tonnes/year coalseam methane (CSM)-fed LNG plant in Gladstone, Queensland.
  • 12/29/2008 -- Western Australia taps Kimberley site for LNG hub
    Western Australia has chosen a site called James Price Point about 60 km north of Broome on the Kimberley coast to establish a proposed LNG hub for development of gas resources in the offshore Browse basin.
  • 12/29/2008 -- USGS: Planned LNG line off California in quake zone
    Pipelines from a proposed deepwater LNG terminal off Southern California face a 16-48% probability of a damaging earthquake within 30 miles of their route, the US Geological Survey reported Dec. 23.
  • 01/09/2008 -- Gorgon JV expands Barrow Island LNG capacity
    The Gorgon JV has decided on a 50% increase in the scope of the proposed LNG project facilities on Barrow Island off Western Australia.
  • 02/05/2008 -- Bechtel to build Angola's first LNG plant
    Angola LNG Ltd. is planning Angola's first gas liquefaction facility near Soyo in Zaire Province.
  • 02/29/2008 -- Cheniere mulls selling Sabine Pass LNG terminal
    Cheniere Energy said it's evaluating the possibility of selling the Sabine Pass LNG terminal, scheduled to start operation in the second quarter.
  • 03/10/2008 -- Chevron approves Platong Gas II project construction
    Chevron and its partners have approved construction of the Platong Gas II natural gas project in the Gulf of Thailand at a cost of some $3.1 billion with startup scheduled for first quarter 2011.
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