JOGMEC announced today that it will provide equity financing and loan guarantee of around Yen 28.2 billion ($356 million) to the newly established Japanese vehicle to acquire a participating interest in the Wheatstone LNG Project, one of the largest resource projects in Australia, operated by Chevro
The Gazprom headquarters hosted the Press Conference entitled “Gazprom in Eastern Russia. Entry into Asia-Pacific Markets” on the threshold of the annual General Shareholders Meeting. Taking part in the Conference were Vitaly Markelov and Alexander Medvedev, Deputy Chairmen of the Gazprom Management
The Greater Bongkot South field reached the DCQ gas production at 320 MMSCFD adding total supply to 20% of Thailand natural gas demand. Mr. Tevin Vongvanich, the President and CEO of PTT Exploration and Production Public Company Limited or PTTEP has disclosed that the Greater Bongkot South field (GB
The International Gas Union (IGU) and the CWC Group have announced the dates of the second Australia Gas conference taking place in Sydney 31 October – 2 November 2012, again endorsed by the Australian Gas Industry Trust. As Australia edges towards becoming the world’s largest LNG exporter by the en
Mitsubishi Corporation announced its participation in the Wheatstone LNG project, together with Nippon Yusen Kabushiki Kaisha and Tokyo Electric Power, which is being promoted by U.S. company Chevron Corporation and other companies in Australia. The consortium has obtained equity interests in the Pr
With the global steel industry working to reduce the environmental impact of its production activities, GE is supplying Japan steel producer JFE Steel Co. Ltd. with a heavy duty Frame 9E gas turbine system for an innovative steel gas-to-energy recovery project at the company’s East Japan Iron Works
The Al Mafyar liquefied natural gas tanker, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal from Qatar on June 25, according to the Milford Haven Port Authority website. The South Hook terminal can process 15.6 million tonnes of LNG a year and is capable of
Energy Transfer Equity, L.P. and Energy Transfer Partners, L.P. announced that ETE plans to drop down its interest in Southern Union Company into an ETP-controlled entity, which will also include assets to be acquired in the recently announced merger between Sunoco, Inc. and ETP. Concurrent with the
Total gas sales volume by Japan’s Osaka Gas for the month of May came to about 673 million cubic meters, remaining as the same as previous year. In the residential sector, the gas sales volume decreased by 2.0% from the previous year, while in the industrial sector, the gas sales volume increased by
Tokyo Gas signed a contract regarding the sale and purchase of the planned construction site of “Hitachi LNG Terminal” which is under preparation for the commencement in FY2015, with the site owner, Ibaraki prefecture. Tokyo Gas is to follow necessary procedures for the site take-over and to start c
BG Group of UK issued hybrid bonds totalling US$1.57 billion, another step in the execution of its approved funding plan to support the company’s investment programme. The bonds, which comprise tranches of £600 million and €500 million, mature in 2072. The bonds are long-dated, subordinated securiti
GE said that it has concluded a commercial alliance agreement with Norway-based Sargas AS to provide a gas turbine for one of the world’s first gas-fired plants with integrated carbon capture for enhanced oil recovery (EOR). The Sargas plant will combine a configuration of the existing LMS100 aerode
Penn Virginia Resource Partners, L.P. today announced that its midstream subsidiary has entered an agreement to sell its Crossroads natural gas gathering system and processing plant to DCP Midstream Partners, LP for approximately $63 million. The Crossroads System, located in the southeastern portio
Peru LNG shipped a cargo of liquefied natural gas to Japan on June 16, according to PeruPetro S.A. The cargo is being hauled by the Excellence, a 138,000 cubic-meter tanker owned by Excelerate Energy. The Peru LNG Project includes two parts: an LNG Plant with a Marine Terminal from which LNG is sent
