If the US were to export 6 bcfd of LNG in the future, a world gas model developed by Deloitte MarketPoint LLC estimates a weighted-average price impact of 12¢/MMbtu on US prices during 2016-35, Deloitte LLP announced Dec. 15 at its annual Oil & Gas Conference in Houston.

GAIL (India) Ltd. signed a 20-year sales and purchase agreement (SPA) with Sabine Pass Liquefaction LLC, a unit of Cheniere Energy Partners, for the supply of 3.5 million tonnes/year of LNG.

LNG exports from the US—if and when they happen—based on surplus natural gas from shale development will have little if any effect on the European gas supply scene. That’s according to E.On Energy Trading Chairman Klaus Schafer in comments to Oil & Gas Journal made on the final day of the 20th World Petroleum Congress in Doha.

China became a price setter on the iron ore market within the last 3 years, and China could become a future price setter for natural gas, Edward L. Morse, managing director of commodities research at Citigroup Global Markets Inc., told an energy conference at Rice University’s Baker Institute.

Regasification capacity at Petronet LNG Ltd.’s Kochi LNG terminal has been approved for expansion to 5 million tonnes/year from the originally planned 2.5 million tpy, the company reported.

Qatargas Operating Co. Ltd. signed an engineering, procurement, and construction agreement with a unit of Global Engineering & Construction Group, itself part of Foster Wheeler AG, and with the subsidiary’s joint-venture partner Qatar Kentz WLL.

Cheniere Energy Partners LP selected Bechtel to provide engineering, procurement, and construction services for two new liquefaction trains at the Sabine Pass LNG terminal in Cameron Parish, La.

Woodside Petroleum Ltd. has released for public comment its draft environmental impact statement (EIS) for the proposed $30 billion (Aus.) Browse LNG project in Western Australia.

Regulatory and supply uncertainties continue to plague Europe’s natural gas industry, as made clear by presentations and discussion Nov. 15 at the opening of the annual European Autumn Gas Conference in Paris.

The initial lengths of the 450-km offshore portion of the planned 700-km natural gas pipeline for ExxonMobil Corp.’s $15 billion Papua New Guinea LNG project have started being laid on the seabed.