Australian LNG marketing venture launched

A new multimillion-dollar joint Australian liquefied natural gas marketing body has been officially launched in Perth. However, it still does not have the support of all major players in the nation's LNG scene. Woodside Petroleum Ltd., Shell Co. of Australia Ltd., BHP Petroleum Pty. Ltd., Chevron Corp., and BP Developments Ltd. have started up the marketing consortium, called Australia LNG (ALNG), in an effort to capture new business for the Australian industry from customers other than Japan, which is the main buyer of Australian LNG. The companies are all participants in the North West Shelf LNG project off Western Australia. A sixth participant, the Japanese-based Mit...

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