Data for the first 9 months of 2012, collected and published by Barclays Commodities Research, show the LNG market has grown very little year-on-year. Global LNG supply is less than 1% below last year’s levels at 243 billion cu m.

Benefits from US energy exports are so obvious that policymakers should look beyond crude oil and LNG to higher-value petroleum products, a Washington energy observer suggested.

Shona Energy Co. Inc., Calgary, said its Geoproduction Oil & Gas Co. of Colombia will supply natural gas from the company’s Esperanza block in Colombia’s Lower Magdalena basin to the planned Altenesol Nataly I LNG project in Cordoba Province.

In several senses, security governed the discussion on the opening day at Gastech in London. Executive panels through the day explored various meanings of the word and implications of the concept.

Norwegian producer Statoil ASA and its partners have cited lack of sufficient natural gas discoveries in the Snohvit license area in the Barents Sea as the main reason for the decision to halt any plans to expand the project.

AGRI LNG Project Co. SRL, the project company for the AGRI Project, has let a feasibility study to Penspen Ltd. for the Azerbaijan-Georgia-Romania-Hungary Natural Gas Interconnector Project (AGRI).

Sixteen western US House members asked Sec. of Energy Steven Chu to move forward on his department’s review of federal policies covering LNG exports and approve pending liquefaction and export terminal applications.

Chevron Corp. reported that a fourth train will be constructed as part of the Gorgon LNG project on Barrow Island, Western Australia. Geryon field, discovered in 2001, and Chandon field, discovered in 2006, will supply the new 5.2 million tonne/year capacity LNG train.

Gazprom and Summa Group have signed a memorandum of understanding indicating their intent to use LNG as a bunker fuel for marine vessels, including those owned and operated by Summa Group, an engineering, construction, and logistics conglomerate based in Moscow.

Yamal LNG OAO will us BASF’s technology for removing carbon dioxide from natural gas, reported BASF.

GNL Quientero, operator of the first LNG terminal to serve the Chilean market, will expand its regasification capacity by 50%, adding a third train to reach about 4.43 million tonnes/year (tpy).