Oil & Natural Gas Corp. Ltd., Bharat Petroleum Corp. Ltd., and Mitsui & Co. Ltd. are studying feasibility of a 2-3-million tonne/year LNG terminal at Mangalore, on the southwest coast of India.

Statoil ASA and ExxonMobil Corp. have discovered gas at a third deepwater well, estimated to have 4 to 6 tcf of gas in place, on Block 2 offshore Tanzania.

Japan Petroleum Exploration Co. (Japex) agreed to join the proposed British Columbia Pacific Northwest LNG venture and to buy a stake in the North Montney shale gas project from Malaysia’s Petronas.

QGC Pty. Ltd. simultaneously laid two 1-m gas pipelines across Gladstone Harbor, using the same trench to connect the Queensland Curtis LNG project and Australia Pacific LNG project—both on Curtis Island—to the mainland.

ConocoPhillips is planning to sell some of its interest in the Australia Pacific LNG project and in the Canadian oil sands in a strategy to devote more cash to US shale plays, ConocoPhilips Chief Executive Ryan Lance said during a Feb. 28 investor and analyst meeting.

Royal Dutch Shell PLC agreed to acquire various LNG assets from Repsol SA, including supply positions in Peru and Trinidad and Tobago, for $4.4 billion.

Levant LNG and Gazprom Marketing & Trading Switzerland AG have signed a heads of agreement covering the sale of LNG from the floating liquefaction plant Levant hopes to install offshore Israel (OGJ Online, Nov. 29, 2012).

US natural gas producers urged the US Department of Energy to quickly approve LNG export applications as DOE’s comment period on allowing US LNG exports closed.

Gazprom’s management committee has approved investment in the Vladivostok LNG export project in Russia.

Global LNG suppliers looking at Asia should focus more on combined Southeast Asian markets—Indonesia, Thailand, Malaysia, and Singapore—as the LNG appetite of these markets increase. India, on the other hand, may disappoint.

ExxonMobil Corp. and Rosneft of Russia have agreed to expand a 2011 strategic cooperation agreement to include far more Russian Arctic exploratory acreage, possible Rosneft participation in ExxonMobil’s Point Thomson gas-condensate field in Alaska, and a potential Russian Arctic LNG project.