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Origin, ConocoPhillips secure key CSG project loan facility

May 30, 2012

Origin Energy Ltd., Sydney, and ConocoPhillips, both joint-venture partners in the Australia Pacific LNG coal seam gas-LNG project at Gladstone in Queensland, have secured a $8.5 billion loan facility from a syndicate of international banks for the downstream segment of the development.

Japan likely buyer for US LNG exports

May 25, 2012

The US could become a major LNG supplier to Asia in the future, Toshi Yoshida, global energy partner of Mayer Brown LLP, told a Mayer Brown energy conference in Houston on May 23.

Dominion suit challenges Sierra Club claim about LNG exports

May 24, 2012

Dominion Resources Inc. sued to confirm its right to construct a natural gas liquefaction plant at its Cove Point LNG terminal in Lusby, Md.

OGJ Newsletter

May 21, 2012

International news for oil and gas professionals

Shell, partners detail LNG export project in British Columbia

May 16, 2012

Partners in one of British Columbia’s planned LNG export projects have announced details of the project. Shell, Korea Gas Corp., Mitsubishi Corp., and PetroChina Co. Ltd. said they are developing the proposed LNG export plant near Kitimat, BC.

Gulf of Mexico site chosen for first US floating LNG plant

May 16, 2012

Excelerate Energy LP, Houston, will develop the first US floating natural gas liquefaction plant for Port Lavaca, between Galveston and Corpus Christi, Tex. The Lavaca Bay LNG project will be designed to export LNG by 2017.

Japan Australia LNG (MIMI) buys into Browse LNG project

May 10, 2012

Japan Australia LNG (MIMI) Pty. Ltd. will acquire a 14.7% interest in the Woodside Petroleum Ltd.-operated Browse LNG project, buying the stake from Woodside for $1.9 billion (Aus.).

Shell sells more of Prelude floating LNG project

May 10, 2012

Following Royal Dutch Shell PLC’s recent deal to sell 17.5% of its Prelude floating LNG (FLNG) project in Browse basin permit WA-44-L offshore Western Australia to Japan’s Inpex Oil & Gas (OGJ Online, Mar. 19, 2012), the supermajor has agreed to sell a further 15% to Asian buyers.

Woodside starts Pluto LNG production, explores for more reserves

May 7, 2012

Woodside Petroleum Ltd.’s $15 billion (Aus.) Pluto facilities on the Burrup Peninsula have begun production of LNG in the lead-up to the first sales cargo, although no date for the shipment has been announced.

Sempra, GDF Suez deal underpins third train for planned export

May 4, 2012

Sempra Energy subsidiary Cameron LNG signed a commercial development agreement with a unit of GDF Suez SA to develop the remaining liquefaction train planned for the Cameron LNG terminal in Hackberry, La.

Brookings study urges no government action on LNG exports

May 3, 2012

US policymakers should not enact legislation or regulations that would either promote or limit additional exports of LNG from the US, a Brookings Institution study issued on May 2 concluded.

Cameron LNG takes a step towards liquefaction

Apr 27, 2012

Cameron LNG LLC, a unit of Sempra Energy, has awarded a unit of Foster Wheeler AG’s Global Engineering and Construction Group a contract for natural gas liquefaction at Cameron’s LNG terminal in Hackberry, La.

Enagas buying stake in Chile LNG terminal

Apr 27, 2012

Enagas, Spain’s gas-network operator, has agreed to acquire BG Group’s 40% interest in GNL Quintero SA, operator of an LNG terminal in Chile, for as much as $352 million.

Shell unit increases offer for Cove Energy

Apr 24, 2012

Royal Dutch Shell PLC announced plans for one of its subsidiaries to buy Cove Energy PLC for $1.81 billion in a transaction marking Shell’s entry into Mozambique and Kenya. Shell said the acquisition would provide major LNG project potential from recent gas discoveries offshore Mozambique.

GDF Suez studies floating LNG unit off India

Apr 18, 2012

A unit of GDF Suez is studying feasibility of a floating LNG regasification terminal offshore southeastern India for Andhra Pradesh Gas Distribution Corp. Ltd. (APGDC).

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