More LNG News

Alaska LNG submits project prefiling request with FERC

Sep 8, 2014

Alaska LNG project partners have submitted a formal request to the US Federal Energy Regulatory Commission to start the prefile process for the major natural gas project. The FERC prefile milestone sets the stage for activity associated with the environmental review required for the siting, design, and permitting for construction of the proposed project.

Deals with CNPC seen good for Russian firms

Sep 8, 2014

Russia's recent oil and gas deals with China, some of which have been questioned on the basis of pricing, are good for Russian companies overall, argues an analyst at Moody's Investors Service.

Christie calls for N. American energy system improvements

Sep 5, 2014

Mexico, Canada, and the US will need to significantly increase investments in energy systems if they expect to achieve the full benefits of a North American energy renaissance, New Jersey Gov. Chris Christie (R) said during a multiday visit to Mexico.

BG Group: Mzia DST supports potential hub development offshore Tanzania

Aug 27, 2014

Results from the second drillstem test (DST) on the Mzia discovery on Block 1 offshore southern Tanzania indicated further support for a hub development to supply a potential onshore LNG project, BG Group PLC said on Aug. 27.

Canadian firms plan BC gas plant, target LNG export

Aug 19, 2014

AltaGas Ltd. and Painted Pony Petroleum Ltd., both of Calgary, have agreed to develop processing and marketing of natural gas and NGLs for Painted Pony’s liquids-rich Montney gas production in northeast British Columbia.

EIA: China to increase natural gas consumption, investment

Aug 18, 2014

China more than tripled natural gas production since 2003, producing 3.8 tcf in 2012, and the government is targeting production to reach about 5.5 tcf/year of gas by the end of 2015, according to a recent analysis from the US Energy Information Administration.

DOE finalizes LNG export national interest review reforms

Aug 15, 2014

The US Department of Energy finalized reforms it proposed on May 29 to its process for determining whether planned LNG export projects are in the national interest.

Prelude FLNG turret sets sail for Samsung shipyard

Aug 15, 2014

The largest piece of the turret for Shell’s 3.6 million tonne/year Prelude floating LNG (FLNG) plant has set sail from Dubai for the Samsung Heavy Industries shipyard in Geoje, South Korea, where the vessel is under construction.

Work begins on Jordan LNG import-terminal jetty

Aug 13, 2014

Aqaba Development Corp. contractor BAM International BV has begun work on the jetty for Jordan’s planned floating storage and regasification unit (FSRU) project at Aqaba, at the top of the Gulf of Aqaba. ADC expects work on the jetty to be complete in April 2015.

KMI executes $71-billion consolidation purchase

Aug 11, 2014

Kinder Morgan Inc. (KMI), Kinder Morgan Energy Partners LP (KMEP), Kinder Morgan Management LLC (KMR), and El Paso Pipeline Partners LP reported that KMI will acquire all of the outstanding equity securities of KMEP, KMR and El Paso, creating a single publicly traded security, KMI. The total purchase price of the transaction was $71 billion: $40 billion KMI equity, $4 billion cash, and $27 billion assumed debt.

Finlayson appointed InterOil chairman

Aug 11, 2014

Chris Finlayson has been named InterOil Corp. chairman-designate. He succeeds Gaylen Byker, who announced at the company’s annual meeting in June that he would retire after 17 years on the board.

Apache planning exit of LNG projects in Australia, Canada

Aug 11, 2014

In a move "consistent" with its "ongoing repositioning for profitable and repeatable North American onshore growth," Houston independent Apache Corp. reported July 31 during its quarterly earnings statement that it would exit completely its holdings in the Wheatstone LNG project in Western Australia and the Kitimat LNG project in Bish Cove, British Columbia.

Watching Government: Baltic States want US LNG

Aug 11, 2014

The risk is obvious when a Washington forum notice says it will try to get "beyond rhetoric." So much of what passes for discussion here depends on supporting a position with tried-and-true slogans and rigorously staying "on-message."

Cameron LNG liquefaction project makes FID, will proceed

Aug 8, 2014

Sponsors of the 12-million tonne/year Cameron Liquefaction Project, planned at the site of Sempra Energy’s Cameron LNG receipt terminal in Hackberry, La., made their final investment decision (FID) and will proceed with the plant. Sempra LNG, GDF Suez SA, Mitsui & Co. Ltd., and Mitsubishi Corp., through a related company jointly established with Nippon Yusen Kabushiki Kaisha (NYK), each approved development, construction, and operation of the natural gas liquefaction and export project.

BP gets key approval for $12-billion Tangguh LNG expansion

Aug 4, 2014

Indonesia’s Ministry of Environment has approved the environmental and social impact assessment, known as AMDAL, for the BP PLC-led Tangguh LNG expansion project in Teluk Bintuni, Papua Barat province, and an environmental permit has been issued.

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