Taiwan imported 733,934 mt of LNG in January, according to trade statistics. LNG imports in January jumped 43.5 percent, compared with the year before. Most of the LNG was shipped from Qatar and Malaysia, and the rest from Indonesia and Nigeria. Taiwan has two LNG import terminals, Yung An and Taich
The Mozah LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal on February 16, 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 delivering 21 billion cubic
BG Group plc today reported total operating profit of $8.2 billion for 2011. 2011 Key Points • Total operating profit up 19% to $8.2 billion • Strong cash flow from operations, up 17% to $9.8 billion • Full year dividend increased by 10% to 23.76 cents per share (14.82 pence per share) • Significant
Norway’s Höegh LNG said that it has issued 22,641,509 new shares, and that the private placement the company announced last week has been completed. The new shares have been lissued and fully paid, Höegh LNG said in a statement. The new shares will be delivered to Leif Höegh & Co Limited (LHC) as se
CNPC and China Changjiang National Shipping (Group) Corporation yesterday signed a strategic cooperation agreement in Wuhan, Hubei province. The two sides will collaborate on promoting utilization of natural gas in water transport along the Changjiang River, by speeding up construction of gas statio
Engineering and construction company Clough Limited today said that the BAM Clough Joint Venture has been awarded a contract by Bechtel, for the design and construction of the Chevron-operated Wheatstone Project LNG product loading facility and tug berths near Onslow, Western Australia. The contract
Anadarko Petroleum announced 2011 fourth-quarter results, reporting a net loss attributable to common stockholders of $358 million, or $.72 per share. These results include certain items typically excluded by the investment community in published estimates. In total, these items decreased net income
South Korea, the world’s second biggest buyer of LNG, is due to get a liquefied natural gas cargo from Nigerian Bonny terminal next week, according to shipping data. The 145,000 cbm LNG Benue will reach the Pyeongtaek LNG terminal on February 16. The Pyeongtaek LNG terminal is South Korea’s first LN
Qatargas has become the first company in Qatar to achieve accreditation for its professional engineers development programme, from the Institution of Chemical Engineers (IChemE) and Institution of Engineering Technology (IET). Qatargas Operating Officer – Engineering and Ventures, Sheikh Khalid Bin
The U.S. Energy Information Administration (EIA) said in a report yesterday that LNG imports are expected to decline by 0.3 Bcf/d (28 percent) in 2012. EIA predicts an average of about 0.7 Bcf/d will arrive at terminals in the United States in both 2012 and 2013, either to take advantage of temporar
Indonesia’s BPMIGAS said in a report that the average sales price of gas for the international market is 60 percent higher than for the domestic market, resulting in the higher revenue received from exports than from domestic sales. This, however, has created some multiplier effects, where Cooperati
The Sierra Club filed Monday the first formal objection with the U.S. Department of Energy against the export of domestic gas produced from fracking. This is the third LNG export facility the organization has opposed. Facilities in Coos Bay, OR, Sabine Pass, LA and Cove Point, MD are the first three
Taiwan’s CPC said today that is in negotiations with Woodside to acquire a stake in Browse LNG project. The company plans to buy a stake of less than 10 percent in the project and it is also negotiating details of a LNG supply deal with Woodside, Bloomberg reported, citing Chen Ming-huei, a CPC spok
India’s Oil & Natural Gas Corporation Ltd (ONGC) has released its quarterly results for period ended December 31, 2011. The Company has posted a net profit of Rs. 67414.10 million for the quarter ended December 31, 2011 as compared to Rs. 70832.30 million for the quarter ended December 31, 2010. Tot
