Liquid Natural Gas (LNG): LNG Markets: Oil and Gas News, Companies: Oil & Gas Journal

Japanese power firm seeks flexibility to divert LNG cargoes (Nov 13, 2009)

Kansai Electric Power Co., which already has resold at least three LNG cargoes since last fall, will seek the contractual right to divert future surplus cargoes in new talks with suppliers.

Papua New Guinea LNG signs Chinese customer (Nov 5, 2009)

The ExxonMobil Corp.-led Papua New Guniea LNG joint venture has signed a heads of agreement to supply Unipec Asia, a subsidiary of China’s Sinopec, with 2 million tonnes/year of LNG from the proposed project.

Tangguh LNG cargo might ship to Fujian this week (Oct 27, 2009)

The BP PLC-led Tangguh gas liquefaction plant in Indonesia might dispatch a single cargo of LNG to China's Fujian receiving terminal this week, according to a state oil and gas official.

AIPN publishes model form for LNG sales (Sep 25, 2009)

Publication of a new model form master LNG sale and purchase agreement by the nonprofit Association of International Petroleum Negotiators aims at creation of a secondary market for LNG that will “facilitate trading and arbitrage of LNG cargoes.”

Golar LNG signs sales deal for Fisherman's Landing project (Sep 18, 2009)

Golar LNG has signed a heads of agreement to sell LNG from the Fisherman’s Landing coalseam methane-LNG project near Gladstone to Toyota Tsucho Corp. of Japan.

Chevron signs Gorgon LNG sales agreements (Sep 10, 2009)

Chevron Australia has signed agreements with three buyers for a total of 3 million tonnes/year of LNG supplied from its share of the Gorgon-Jansz project off Western Australia.

Kuwait terminal receives first LNG (Sep 9, 2009)

The Persian Gulf’s first LNG regasification terminal, Kuwait’s offshore Mina Al-Ahmadi GasPort, received its first cargo earlier this month.

Delays at Tangguh LNG cause fewer shipments (Sep 4, 2009)

Indonesia’s BP PLC-led Tangguh LNG project in Papua Barat will deliver just 16 cargoes of LNG this year—40 cargoes fewer than the 56 for which it was contracted.

UK's Dragon LNG begins operations (Sep 2, 2009)

The UK’s 4.4 million-tonne/year Dragon LNG terminal at Milford Haven, South Wales, has recently completed commissioning and begun commercial operations (OGJ Online, July 2, 2009).

GDF Suez executive bullish about global LNG prospects (Aug 31, 2009)

With sights set on the medium and long term, GDF Suez Chairman and Chief Executive Officer Gerard Mestrallet remained bullish about many global LNG prospects, despite the current slump in natural gas demand and an apparent glut of projects.

ExxonMobil secures another Gorgon-Jansz LNG contract (Aug 19, 2009)

ExxonMobil Corp. has secured another customer to complete its share of LNG from the Gorgon-Jansz project by signing up PetroChina for a 20-year supply deal.

Indonesia may ship LNG from Bontang in place of Tangguh (Aug 13, 2009)

Indonesia’s upstream oil and gas regulator BPMigas said a temporary shutdown of the Tangguh LNG plant could mean that buyers will receive their contracted supplies from Bontang LNG instead.

Indonesian oil minister wants Donggi gas for domestic market (Aug 10, 2009)

Indonesia’s state-owned PT Pertamina and partner PT Medco Energi Internasional should sell natural gas intended for their PT Donggi-Senoro LNG plant to the domestic market, according to a government minister.

Indonesia seeks buyers for Donggi-Senoro LNG supplies (Jul 30, 2009)

Indonesia’s state-owned PT Pertamina is holding talks with a small number of alternative buyers for the sale of LNG from its Donggi-Senoro plant in central Sulawesi.

Europe's LNG imports for July, August to set record (Jul 29, 2009)

LNG shipments to Europe will increase by more than 40% in July and August, according to the latest edition of European LNG Report from market analysis firm Waterborne, Houston.

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